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Pakistan shipbuilding industry to be developed on grand scale

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Pakistan shipbuilding industry to be developed on grand scale

Friday, Jan 16, 2009

Brecorder quoted Mr Yousuf Raza Gilani Prime minister of Pakistan as saying that the government has adopted a 'vision for new shipyards and development of shipbuilding industry on a grand scale.

Mr Gilani said that the government would move in this direction at a very fast pace and added that together, we will ensure that Pakistan becomes a leading shipbuilding country in the region, in line with its true potential and ideal location.

He was speaking at the launching ceremony of Stus No 1 first small tanker cum utility' ship being built by Karachi Shipyard and Engineering Works for Pakistan navy.

Mr Gilani further said that the shipbuilding is an industry which can act as a catalyst for overall industrial development, leading to economic development, large scale employment generation and poverty alleviation. He added that this is a labor intensive industry and is best suited for developing countries like Pakistan.

Mr Gilani also urged each and every individual, working in KSEW, or related with these activities, to work with dedication for the progress of KSEW and the shipbuilding industry in the country. He also congratulated Karachi Shipyard management for early achievement of launching milestone, and appreciated the efforts of its architects, engineers and workers involved to accomplish the prestigious task.

Mr Iftikhar Ahmed Rao MD of Karachi Shipyard and Engineering Works said that two ships of this type were being built by KSEW for Pakistan navy at a cost of USD 11 million each. The first ship of this series was already launched, while both ships would be completed by February, 2010.

The KSEW is the only heavy engineering industry of Pakistan that is catering for shipbuilding, ship repairing and heavy or general engineering requirements. It has played a historical role in transferring of technology and broadening the industrial base of the country. KSEW was established in mid-fifties as a project of PIDC, and was incorporated as a public limited company in 1957.

Source: SteelGuru
 
Government of Pakistan has approved a plan to establish two new large sized shipyards at Gwadar in Balochistan Province (”Gwadar Shipyard”) and Port Qasim near Karachi in Sindh Province (”Qasim Shipyard”) on a fast track basis.

The Gwadar Shipyard is planned to be established at Gwadar East Bay (Shamba Ismail area), on an area of approximately 500 acres (2 sq. kilometers approx). Initially planned to carry out ship repairs, it shall lead to ship building of up to Very Large Crude Carrier (VLCC) and Ultra large Crude Carrier (ULCC) size and will have at least two dry docks of approximately 600,000 DWT.

The Qasim Shipyard is planned to be developed adjacent to Korangi Fish Harbour (Port Qasim Area), on an area of 500 acres (2 Sq. kilometers approx) with at least two dry docks of 600,000 DWT. Main function of this shipyard will be building of large ships up to VLCC/ULCC size and construction of Offshore / Onshore Oil Rigs. It will also have ship repair facilities.

The Shipyards are to be developed with minimum financial support from the Government of Pakistan. The projects are conceived in a manner, whereby the private sector will be responsible for designing, financing, building, operating and maintaining the Shipyards.

On behalf of the Government of Pakistan, Karachi Shipyard & Engineering Works Limited is seeking advisory services from internationally qualified and experienced advisory firms ideally led by a reputable international financial institution / investment bank and comprising of requisite technical, legal and other consultants to assist the Government of Pakistan in planning, development and implementation of these projects.

Proposals for advisory services for both projects separately are solicited from internationally qualified and experienced advisory firms with demonstrable experience in structuring world class shipyard development related transactions.

The Request for Proposal (RFP) package including the Terms of Reference (TOR) and other relevant information can be downloaded from the following websites:

(i) Karachi Shipyard and Engineering Works’ Official website

(ii) Planning Commission’s official website

(iii) Infrastructure Project Development Facility’s official website

(iv) Public Procurement Regulatory Authority’s official website

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