Though the province remains largely underdeveloped, several major development projects, including the construction of a new deep sea port at the strategically important town of Gwadar, are in progress in Balochistan. The port is projected to be the hub of an energy and trade corridor to and from China and the Central Asian republics. The Mirani Dam on the Dasht River, west of Turbat in the Makran Division, is being built to provide water to expand agricultural land use by where it would otherwise be unsustainable. In the district Lasbela, there is an oil refinery owned by Byco International Incorporated (BII), which is capable of processing 120,000 barrels of oil per day. A power station is located adjacent to the refinery. Several cement plants and a marble factory are also located there. One of the world's largest ship breaking yards is located on the coast.