Independent journal on economy and transport policy
15:39 GMT+2
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the Pakistani government authorizes the transfer of the management of the port of Gwadar from PSA to China Overseas Ports
the concession contract has a duration 40-year-old
January 30, 2013
Today the Council of Ministers of Pakistan has authorized the transfer of the contract of concession of the duration 40-year-old for the management of the port of Gwadar from the PSA Gwadar International Terminals Ltd., society that is under responsibility of terminalista group PSA of Singapore, to the Chinese Lowers Overseas Ports Holdings Ltd. ( on 21 May 2012). The government has specified that the two parts have reached an agreement and that the contract will be modified consequently.
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