• Download the Constitution of Pakistan
  • Advertise
Friday, December 5, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

Pakistan signs two contracts with Turkish shipbuilders

by Web Desk
April 1, 2021
in Business, Finance
Reading Time: 1 min read
0
contracts
Share on FacebookShare on TwitterLinkedinWhatsapp

Pakistan signed two contracts worth $33.46 million with Turkish shipbuilders on Monday to purchase  four ASD tugboats (LNG compatible) and two pilot boats.

Pakistan’s Ministry of Maritime Affairs confirmed that the contracts were signed between Pakistan’s Port Qasim Authority and Sanmar Shipyards.

The tugboats will be delivered within a year by Sanmar, Turkey’s leading tugboat maker.

Syed Ali Haider Zaidi, Pakistan’s Federal Minister for Maritime Affairs, and Mustafa Yurdakul, Turkey’s Ambassador to Pakistan, were taking part in the signing ceremony at the Maritime Ministry’s office in Islamabad.

As per the statement, this would be a big move forward in both countries’ brotherly ties.

Sanmar was also invited by Zaidi to establish a shipyard in Pakistan, where they could share their expertise, move technology, and benefit from Pakistan’s skilled workforce and low wages.

Tags: ASD tugboatsContractpilot boatsSyed Ali Haider ZaidiTurkish shipbuilders

Web Desk

Related Posts

Nishat Mills

Nishat Mills Announces Major Expansion Plans

by Anum Arif
November 27, 2025
0

Nishat Mills Limited (NML), the flagship company of the Nishat Group, has announced a wide-ranging expansion strategy covering renewable energy,...

Matco Foods

Matco Foods Shifts Spice Division to Subsidiary

by Anum Arif
November 17, 2025
0

Matco Foods Limited, one of Pakistan’s leading rice exporters and a major player in the food processing sector, has taken...

Gillette

Gillette Pakistan Applies for PSX Delisting

by Anum Arif
November 13, 2025
0

Gillette Pakistan Limited has applied to the Pakistan Stock Exchange (PSX) for delisting, following Procter & Gamble’s (P&G) decision to...

Crescent Fibres

Crescent Fibres Halts Nooriabad Unit Amid Market Slump

by Anum Arif
November 12, 2025
0

Crescent Fibres Limited (CFL) has announced a temporary suspension of operations at its spinning unit in Nooriabad, Sindh, due to...

state bank of pakistan

Government Launches ‘InvestPak’ Portal for Digital Investment in Government Securities

by Hassan Mustafa Bajwa
November 7, 2025
0

The State Bank of Pakistan (SBP) has announced the launch of InvestPak, a new digital investment web portal designed to...

PIA

PIA Privatisation to Be Finalised by December

by Anum Arif
October 30, 2025
0

The Privatisation Commission informed the Senate Standing Committee that Pakistan International Airlines’ (PIA) privatisation process is progressing steadily and is...

Next Post
Sumo citrus made a little known Japanese fruit rising star

Sumo Citrus Fruit: Japanese rising star

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters