Wednesday, June 17, 2009

65 ships arrive at Gadani for breaking: The News

Wednesday, June 17, 2009
ISLAMABAD: At least 65 abandoned ships have arrived at the Gadani ship-breaking yard from various countries for scrapping while more are expected to reach shortly.

According to a senior official of the Customs Department, the ship-breaking industry will flourish once again in the country with the arrival of 65 abandoned ships and more which are expected to reach after a gap of two decades.

It will not only provide job opportunities to thousands of workers, but will also provide a boost to the steel industry as these 65 ships will produce around 500,000 tons of scrap for the steel industry in the country, he said.

Around Rs1000 million have, so far, been generated from customs duty and income tax through the import of abandoned ships, he said.

For more on this article, please click on the following link: 65 ships arrive at Gadani for breaking: The News

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