ISLAMABAD: The federal government has formally approved the New Gwadar Shipyard Mega Project, marking a significant step towards transforming Gwadar into a modern maritime and industrial hub under CPEC Phase II.
The decision follows Prime Minister Shehbaz Sharif’s directives to expedite work on the project, with an initial allocation of Rs200 million for the establishment of a Project Management Cell (PMC) to oversee planning and execution. Recruitment for key positions within the PMC will begin shortly, ensuring the project runs in line with prescribed standard operating procedures (SOPs).
A senior official from the Gwadar Port Authority (GPA) confirmed the development, stating that the new modern shipyard will provide a vital boost to Pakistan’s commercial shipbuilding and repair industry. “This project will incentivize investment, create thousands of jobs, and stimulate economic activity, particularly in Balochistan,” the official told Gwadar Pro.
The GPA has already demarcated 750 acres of land for the shipyard, with land dispute issues reportedly on the verge of resolution. Tenders are expected to be floated soon, inviting participation from international companies under clearly defined terms of reference (TORs).
In addition to offering essential dry docking facilities for cargo ships visiting Gwadar Port, the shipyard will be equipped to build new vessels, making it a key player in the regional and global maritime sectors.
Senator Muhammad Abdul Qadir, Chairman of the Senate Standing Committee on Defense Production, emphasized the strategic importance of the Gwadar Shipyard Mega Project. “This is a landmark initiative for Pakistan’s defense and commercial industries. We must ensure the project starts this year without delay,” he said. The senator also stressed that employment opportunities should be prioritized for skilled workers and experts from Balochistan.
Once operational, the Gwadar Shipyard will incorporate the latest technologies and best practices, positioning Pakistan as a serious contender among world-class shipbuilding nations. Officials believe the project will not only enhance the country’s maritime capabilities but also contribute significantly to CPEC’s broader goals of regional connectivity and economic integration.