Islamabad, Port Qasim Authority today signed two historic contracts with M/S Sanmar Shipyards, Turkey for procurement of 4 ASD Tugs (LNG Compatible) and two pilot boats at the cost of US $33.46 Million dollars. The crafts will be delivered within 12 months.
The contract signing was witnessed by the Federal Minister for Maritime Affairs Syed Ali Haider Zaidi and Turkish Ambassador Mustafa Yardakul at the Ministry of Maritime office in Islamabad.
Sanmar is the leading shipyard of Turkey. This will be a significant step forward in brotherly relations between both the nations.
Minister invited Sanmar to build their shipyard in Pakistan, share their expertise, transfer the technology and benefit from the local skilled workforce and low wages in Pakistan.
Sanmar Shipyard will take up the invitation seriously. They also appreciated the due diligence done by PQA management and promised to deliver ahead of delivery schedule ensuring quality.