DELEGATION VISITS GWADAR PORT
A delegation of Djibouti headed by President of National Parliament and acting Chairman African Union Parliament Muhammad Ali Hameed visited the new port city of Gwadar. Moreover, they extended an invitation to the Pakistani industrialists and business community to visit Djibouti. Hence, for increasing import and export and bilateral trade between both the countries.
Speaking at the China Business Centre during his visit to Gwadar over the weekend, he said that Gwadar deep-sea port has great importance due to its place at an important trade route. Therefore, it could change the economic situation of the entire region.
The Chairman Gwadar Port Authority Naseer Ahmed Kashni while briefing the delegation said that Gwadar port has become fully operational. It was ideal for promoting trade and business in the entire region. He said that the Gwadar Deep Sea Port could prove as guarantors for promoting shipping trade for the investors of the entire world due to its economic importance and trade route.
Director General of Gwadar Development Authority Shahzeb Kakar informed the delegation that work was in progress to make Gwadar an important modern industrial city. He further added that authorities were working under the Gwadar Master Plan for developing free economic zones.
He said that they would link Gwadar port to the Coastal highway soon as the work on East-ExpressWay completes.
The President Gwadar Chamber of Commerce and Industry and Commissioner Makran division were present on the event. Furthermore, Deputy Commissioner Gwadar Maj (retd), Abdul Kabir and other concerned officials were also present.
GWADAR PORT: A GAME CHANGER
Gwadar is a real game-changer in the region as it will significantly cut the time required to carry cargo by sea. It will reduce the China’s cargo shipping time by more than two weeks. Moreover, billions of dollars each year can be saved by reducing the shipping time and sea freight costs. Pakistan will also benefit from the increased revenues at the port. The greater economic activity the port will generate. Gwadar is unique because the sea freighters can dock next to the port. However, there is no need to bring cargo to the port via smaller ships like in some other ports.
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