Singapore to run Pakistani Gwadar port from 2007
ISLAMABAD, Dec 23 (KUNA) - The Pakistani government has decided to
give the management control of Gwadar deep-sea port to Port of
Singapore fromnext year, said press reports Saturday.
Citing Federal Minister for Ports and Shipping, Babar Ghauri,
reports said Prime Minister Shaukat Aziz Friday approved a summary
to hand over the management of Gwadar port to Port of
Singapore.
"We have formed a committee which will negotiate with Port of
Singapore and within 15 days the port would be handed over to
them," Ghauri said, adding that Arabian Sea port was expected to be
in operation in March.
The port has been developed and about 75 percent of it finance by
the traditional ally China. When asked why the close ally was not
given management control, the Minister said that China did not
apply for it when international tenders were called, said
reports.
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