The minister expected progress on the proposal for a new deep-sea shipyard planned in Gawadar.
“The summary for the new shipyard is with Prime Minister Nawaz Sharif and his approval is expected,” he said.
The shipyard is planned to be constructed by foreign investors on build-operate-transfer basis.
“We have already earmarked land for this purpose,” the minister said.
Mr Hussain hoped that the new shipyard would be able to get substantial maritime related business from Gulf and Arab countries.
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