Friday 13 November 2015

Chinese company leases Gwadar port for development

Steelers Lounge 
The government of Baluchistan province - Pakistan's poorest - handed over about 280 hectares of a 923-hectare swathe of tax-exempt land that Beijing will develop under a 43-year lease. "China values the efforts of Pakistan Army in fighting ETIM". The ceremony to sign documents was held which was attended by Chief Minister Balochistan, Dr Abudl Malik Blaoch, the Vice Chairman of National Development and Reforms Commission of China, Mr. Wang Xiaotao, Federal Minister for planning Ahsan Iqbal, Federal Minister for Shipping and Ports Kamran Michael, Chief Secretary Balochistan Saifullah Chattah, Chairman Gwadar Port Authority Mir Dostain Khan Jamaldani and others. As part of the wider plans, work on the Gwadar global Airport would start in the next couple of months. Gwadar port, located 540 kilometres southwest of Karachi, was built in 2007 with technical help from Beijing as well as Chinese financial assistance of a few $248 million.

Venkaiah Naidu bats for integrated transport system for easing congestion

Economic Times
Urban Development Minister M Venkaiah Naidu today highlighted the need for an integrated transport system comprising rail network, road and inland waterways to address the problem of traffic congestion and last-mile connectivity in cities. These various transport systems should be connected as part of a symbiotic model, Naidu said at a book release function here, adding that he would hold a meeting with the Railway, Road Transport and Shipping ministers to examine the possibility of creating integrated transport systems, wherever possible, in different parts of the country. The book, 'Reforming Urban Transport in India -- Issues and Best Practices', is authored by former UD Secretary M Ramachandran and deals with the different aspects of urban transport. Naidu said that a multi-pronged strategy should be adopted to resolve the issues of traffic congestion and pollution in urban areas.
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