ISLAMABAD: Gwadar Port has generated Rs358.151million revenue during lastthree years of which Rs32.324 million were given to Gwadar Port Authority(GPA) as per its approved share.
As per details revenue share, distribution ratio or percentage between portoperator (China Overseas Ports Holding Company Ltd) and Gwadar PortAuthority are 91per cent and 9 to 15 percent respectively.
A data issued by Ministry of Maritime Affairs on Thursday revealed that theshare of China Overseas Ports Holding in Gwadar International Terminal andGwadar Marine Services is 91 percent while Gwadar Port Authority share is 9percent.
Gwadar Port Authority share in Gwadar Free Zone is 15 percent while rest ofthe 85 percent shares is held by China Overseas Ports Holding Company.
Read Top Stories
The data further revealed that the port concession agreements all aroundthe world determine revenue sharing between port authorities and portoperations and same principle applies in Gwadar Port Concession Agreement.
