Pakistan signs 40-year deal with China for Gwadar port operation

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The Minister for Ports and Shipping Mir Hasil Khan Bizenjo Thursday apprised the Senate that Pakistan has signed a 40-year agreement with China for the operations of Gwadar Port. While replying to queries during the Question Hour session, the minister said under the agreement, China would carry out all the development work on the port.

He said as per the concession agreement, China Overseas Port Holding Company (COPHC) has 91pc share of revenue collection from Gross Revenue of Terminal and Marine operations and 85pc share from Gross Revenue of Free Zone Operation. He said the provinces have no share in revenue collection as per the constitution.

Meanwhile, Minister for National Food Security and Research, Sikandar Hayat Khan Bosan said a sum of Rs 1500m was allocated under Public Sector Development Programme (PSDP) for the fiscal year 2015-16. Minister for Overseas Pakistani’s Pir Syed Sadaruddin Shah Rashidi said human trafficking and illegal immigration did not come under the Emigration Ordinance, 1979 and it fell under the jurisdiction of Federal Investigation Agency (FIA) and provincial law enforcement agencies.

However, he said there was a mechanism in the Bureau of Emigration and Overseas Employment to keep check and balance over the Overseas Employment Promoters.