The Balochistan cabinet on Friday approved allotment of 750 acres of land to the Ministry of Defence Production for construction of a shipyard in Pasni city of #Gwadar district.
The Balochistan government will allot the land to the ministry for construction of the shipyard on the of basis 30% equity. The provincial share will be 20-30% in the project.
“Around 10,000 jobs will be created in the shipyard, which would help in providing jobs to Balochistan’s youths,” Liaquat Ali Shahwani, spokesman for the Balochistan government, said.
The cabinet meeting, which continued for around eight hours, discussed about 50 agenda points. The cabinet reviewed the proposed amendment in the Local Government Act, 2010, and decided that the proposed amendment would be introduced after giving it final shape before holding of next local bodies election in Balochistan.