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Ferry Service from Karachi to Gwadar

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Ministry of Ports and shipping has recently issued a license to the Pakistan National Shipping corporation (PNSC) for the launch of its own ferry service.

According to an article published in The Nation, PNSC is interested in launching a ferry service from Karachi to Gwadar port which would later be connected to the Chahbhar port, Iran. Government has waived off port charges to give the service a competitive advantage.

The sources mentioned in the article claimed that Pakistan National Shipping Corporation is also planning to launch a ferry service from Karachi to Port Qasim Authority (PQA) and similar ferry services to different islands to encourage tourism and commercial activities. Mir HasilBizenjo, minister port and shipping, has presented a new vision regarding the role of commercial shipping and related economic activity in Pakistan and is himself interested in the launch of ferry services under PNSC.

Pakistan National Shipping Corporation, in the future, would launch ferry services to Gulf and M.E countries and is also planning to give Hajj and Umrah services to people travelling to and from KSA. Pakistan, after the completion of full scale CPEC, would become the hub of economic activity in the region and PNSCand Ministry of Ports and Shipping are taking necessary steps to facilitate the future activities. The new Vision presented by the Minister of Port and Shipping also includes the development of various river ferry systems across the country so that commercial activities can be promoted.

The aforementioned services would help save a lot of foreign exchange which could be employed back for further Development. The shipment times of cargo containers would also be considerably reduced. The proposal demands a mass-scale development of network of canals and rivers from South to North and North to south West.

The current network of canal and such services would also be helpful for the Chinese companies as they would have a chance to avail ferry services for the swift movement of cargo.

This network would be considered a part of the network of highways and motorways and train services being developed to aid the multi-billion dollars CPEC project, from China’s border to Gwadar and Karachi ports.

These Systems would allow investors from all over the globe to visit Gwadar and invest in the future of this country. Various investment Projects (commercial and residential) like FTBA and Savaira city are there to cater to the needs of investors and the extensive transport network would make such projects more accessible. The ferry services, when launched, would benefit Gwadar city and port in many ways.

Zunair Maqsood

Awais is a Real Estate Marketer with a passion for providing his clients with the most effective investment strategy of the moment. With his vast experience in challenging and fluctuating market of Real Estate, Imran shares his insight online about Real Estate Investments. Want to make sure if your investment is secure and profitable? Get in touch with Awais.