Saturday, Oct 25, 2014Saturday, Oct 25, 2014
News
 

China takes control of Pakistan port from Singapore

Published on Feb 18, 2013 10:00 PM
 
This photograph taken on Feb 12, 2013 shows the construction site at Gwadar port in the Arabian Sea. --PHOTO: AFP

ISLAMABAD (AFP) - China took control of Pakistan's Gwadar port on Monday as part of its drive to secure energy and maritime routes that also gives it a potential Arabian Sea naval base, sparking Indian concern.

"The contract of operation of Gwadar port is formally given to China.

Today, the agreement is transferred from the Port of Singapore Authority to China Overseas Ports Holding Company Limited," President Asif Ali Zardari announced.

"The award of this contract opens new opportunities for our people... It gives new impetus to Pakistan-China relations," added Mr Zardari in a speech broadcast live on television.

 
If you are not a subscriber, you can get instant, unlimited access here