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Tag Archives: Gwadar

Gwadar-Kashgar link: Future of world trade

  While Pakistan is one of the most strategically significant countries in the region, recently inaugurated Gwadar port by Prime Minister Nawaz Sharif is set to open numerous opportunities for trade and industry and other sectors of national economy. The geo-strategic position of Pakistan is going to play a vital role in the future regional economic outlook. For China, the strategic location of Pakistan is vital in formulating its future …

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All roads lead to Gwadar

  On 10th April 2016, talking to the Washington Post, Zhang Baozhong, Chairman of China Overseas Port Holding Company said that his company could spend a total of $4.5 billion on roads, power, hotels and other infrastructure for the industrial zone, which he said would be open to non-Chinese companies. The company also plans to build an international airport and power plant for Gwadar. This would be the first time …

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Achieving CPEC, Gwadar port: how important for Balochistan business fame?

  Gwadar Port in Balochistan is of immense importance not only for trade with Central Asian Republics (CARs) but also for the development of Pakistan across the Asian region. Of course, Gwadar has the potential to become a hub of major economic and commercial activities in the region. There is a high need for establishing roads and warehousing facilities at Taftan, Chaman and Torkham borders in order to make full …

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Gwadar port: A mega seaport project for development of small, medium and large scale industries

  Balochistan is a strategically located province. The ongoing mega development projects like Gwadar deep-sea port would make the province a hub for regional transport more effectively for land locked Afghanistan and Central Asian states. This would accentuate the existing road network in Balochistan. Therefore Balochistan urgently needs a mega road sector development project to cope with the new circumstances after the completion of mega projects in the province and …

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Pakistani ports becoming more active

  Over 4,000 foreign flag vessels dock at Pakistani ports Maritime business on the path of growth Prime Minister Mian Muhammad Nawaz Sharif has said Pakistan is committed to protect its maritime assets and strong, democratic and economically vibrant Pakistan is his vision. The Prime Minister said this while inaugurating Pakistan Navy Fleet Tanker at Karachi Shipyard and Engineering Works, on Friday. The 17,000-ton Fleet Tanker has been built with …

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Gwadar port emerging as logistics hub in the region

  In the present age of globalization, Gwadar port has greater scope and tremendous potential to emerge as distribution and logistics hub in the region. Strategically located Gwadar port can be converted into a regional hub of international trade. By virtue of its geography, Gwadar has greater potential, wider scope and brighter prospects to emerge as center of trade and commerce serving at least 20 countries in the Asian region. …

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Balochistan automobile sector has promising outlook

  Development under Gwadar is likely to give support to this neglected market Pakistan automobile market witnessed a rapid growth and hefty expansion over the past decade, yet Balochistan could not see any development in auto and allied sector. The province was simply neglected and no plan was formulated for development of automobile industry. The present economic managers should take some practical measures to exploit the geo-strategic position of the …

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Gwadar port set to emerge as largest business center of the world

  Port has wider scope and brighter prospects as a trade and commerce hub to serve 20 countries in Asia After the formal declaring of Gwadar Port a free trade zone and handing over to China last year, all business affairs of the Gwadar Port in Balochistan now are being carried out by Chinese authorities. Last year, the Pakistan government has formally handed over the 2,281 acres free trade zone …

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Setting up a PSX branch in Gwadar and Quetta helps grow corporate culture

  The capital market provides the people with the investment opportunities and the companies to raise funds for expansion and development for further investments. Though the government has an important role to play in shaping the legal, institutional and business environment but major responsibility rests with the corporate sector to achieve a higher level of corporate governance. The high standards of corporate integrity and excellence are of key importance for …

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