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Home Port News Gwadar to be leading trading port in the region

Gwadar to be leading trading port in the region

Pakistan’s Minister of Planning, Development and Reforms Khusro Bakhtiar said on Saturday that a comprehensive plan is being made to develop Gwadar port in the country’s southwest Balochistan province on modern lines, under the China-Pakistan Economic Corridor (CPEC).

Addressing a press conference here, Bakhtiar said that the country’s blue economy has a huge potential and a comprehensive plan is being made to enable Gwadar to emerge as a leading trading port in the region.

A master plan regarding the development of the former fishing town is in final stage, and once the plan is implemented it will attract foreign investment, making Gwadar a transshipment hub, he said.

Read more on Xinhua.

 





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