Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Rs12b plan approved to transform Gadani into green ship-breaking yard: minister

byCT Report
26/06/2025
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, has announced the approval of Rs12 billion for the comprehensive redevelopment of the Gadani Ship-Breaking Yard, aiming to convert it into a model green facility that aligns Pakistan’s maritime operations with international climate and environmental protocols.

Presiding over a high-level meeting on the project, the minister emphasized the strategic role of ship-breaking in both the national economy and Pakistan’s climate adaptation goals. According to a press release, the initiative is designed to modernize the ship recycling process while adhering to global sustainability benchmarks.

You might also like

Bejaan Resorts, South Air sign agreement

21/08/2026

Businesses face up to Rs50m fine for failing to link with FBR system

21/08/2026

“Ship recycling must evolve to meet global sustainability standards. This transformation is essential to reduce pollution, manage hazardous waste responsibly, and contribute to a greener maritime future,” Chaudhry stated.

He said that the initiative focuses not only on upgrading the yard’s infrastructure and safety systems but also on promoting environmentally sound practices that address the broader climate crisis through green shipping and responsible ship disposal.

During the briefing, Secretary Maritime Affairs Syed Zafar Ali Shah informed the minister that the project’s social uplift component includes the construction of a 30-bed hospital, residential blocks for medical personnel, and labor colonies. Additionally, a 32-kilometer road network, a school, a public park, and modern water supply and treatment systems will be developed to benefit the workforce and local communities.

To ensure accountability and effective execution, the minister directed authorities to establish a comprehensive monitoring framework. He also emphasized strict compliance with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC).

Highlighting Gadani’s economic relevance, Chaudhry noted that the yard produces over 1.2 million tonnes of steel annually, serving as a key node in Pakistan’s scrap and steel supply chain. However, he warned that years of stagnation have undermined the industry’s competitiveness in the region.

“Gadani was once among the world’s largest ship-breaking hubs. Today, it stands at a crossroads—either we modernize it in line with green shipping goals or risk further decline,” he said.

The minister affirmed that reviving Gadani would contribute meaningfully to Pakistan’s climate ambitions, enhance its green economy, and reestablish the country’s position as a regional leader in sustainable ship recycling.

Related Stories

Bejaan Resorts, South Air sign agreement

byCT Report
21/08/2026

ISLAMABAD: Bejaan Resorts and South Air (Private) Limited will formally enter into a strategic partnership aimed at strengthening air connectivity...

Businesses face up to Rs50m fine for failing to link with FBR system

byCT Report
21/08/2026

ISLAMABAD: The businesses that fail to connect their operations with the Federal Board of Revenue (FBR) system within the prescribed...

Google to provide 150,000 Career Certificates, free AI Plus, Gemini access to Pakistani students

byCT Report
21/08/2026

ISLAMABAD: Pakistan and Google on Friday signed a memorandum of understanding (MoU) aimed at accelerating the country’s digital transformation, expanding...

Short-term inflation ticks up 0.49pc WoW, pushing annual rate to 9.66pc

byCT Report
21/08/2026

ISLAMABAD: Pakistan's Sensitive Price Indicator (SPI) recorded a week-on-week increase of 0.49% for the week ending August 20, 2026, driving...

Next Post

Supreme Court grants stay to cement manufacturers in Punjab royalty dispute

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.