Compare Listings

China Launching 19 Projects in Gwadar – Latest Update

China Launching 19 Projects in Gwadar – Latest Update

Chinese Ambassador to Pakistan, Yao Jing has revealed the upcoming Launch of 19 Chinese Projects in Gwadar. Launch of 19 Chinese Projects in Gwadar will create job opportunities for the people of Pakistan & will promote Business Industry in Port City. These 19 Chinese Projects will be solely launched in Gwadar after the announcement of Special Economic Zones’ (SEZs) policy by government of Pakistan.

China to Launch 19 Projects Solely in Gwadar – Latest Update

On Friday October 4, Chinese Ambassador to Pakistan, Yao Jing has unveiled the launch of 19 Chinese projects in Gwadar alone after Pakistan government’s announcement of Special Economic Zones’ (SEZs) policy. He was speaking at a dialogue on China Pakistan Economic Corridor (CPEC) hosted by the Karachi Council on Foreign Relations (KCFR).

Yao Jing stated that CPEC has strengthened bilateral long term relation between Pakistan and China and China is supporting Pakistan in multiple of its sectors including education, technical education, agriculture, social development, technology transfer etc.

CPEC is not only linking China with Gwadar but it will also lead to Kandahar, Afghanistan, Central Asia and Russia.

“We were trying hard to make this world a better place to live. Gwadar was an emerging port of Pakistan which was a long awaited dream of Pakistanis and their government”.

Yao Jing further stated, “We were waiting for free zone policy of government of Pakistan, after which we would launch 19 projects in Gwadar alone. China was spending US$40 million annually to keep Gwadar port functional as it has now started commercial operations as well.”

He added, “In next phase II of Free Trade Agreement (FTA), we would establish manufacturing units of agriculture, sea food and other industries which will also provide huge employment to people.”

Keep visiting our website for more CPEC and Gwadar related updates.

img

Admin

Related posts

Fibre Optic Cable Installed in Gwadar – Latest Development Update December 2020

Gwadar Port is now digitalized with the installation of Fibre Optic Cable ushering in era of...

Continue reading
by Admin

Second Afghan Transit Cargo of DAP at Gwadar Port – Latest Update

Gwadar Port received second Afghan transit vessel of DAP on this Tuesday. The transit trade...

Continue reading
by Admin

Afghan Fertilizers Cargo Berths at Gwadar Port – Update December 2020

Since Gwadar Port has kicked off transit trade, couple of days back a ship carrying DAP Fertilizers...

Continue reading
by Admin