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Pakistan approves port transfer to China
Islamabad (AFP) Jan 30, 2013
Pakistan on Wednesday approved a deal transferring from Singapore to
China the management of the strategically located deep-sea Gwadar port
on the Arabian Sea.
China provided about 75 percent of the initial $250 million in funding
for the construction of the port in Pakistan's southwestern province of
Baluchistan.
It is currently being operated by Singapore's PSA International, but
needshttp://www.terradaily.com/reports/Pakistan_approves_port_transfer_to_China_999.html
Pakistan on Wednesday approved a deal transferring from Singapore to
China the management of the strategically located deep-sea Gwadar port
on the Arabian Sea.
China provided about 75 percent of the initial $250 million in funding
for the construction of the port in Pakistan's southwestern province of
Baluchistan.
It is currently being operated by Singapore's PSA International, but
needshttp://www.terradaily.com/reports/Pakistan_approves_port_transfer_to_China_999.html
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