Islamabad: Gwadar Port Authority (GPA) Chairman Naseer Khan Kashani has stated that Gwadar is opening up to the world, a news source reported. He added that the port city’s development under China-Pakistan Economic Corridor (CPEC) is remarkable.
Kashani was talking to Chinese media in Gwadar recently. He stated that the life of local people will improve due to this development. He added that the Gwadar port will become a heaven for local and foreign investors due to its location at a focal point of the Belt and Road Initiative.
He gave the credit for Gwadar’s fast-paced transformation to its operator, China Overseas Port Holding Company (COPHC). The company has been restoring Gwadar since 2013.
GPA and COPHC jointly held an industrial expo recently. The aim of this event was to attract local and foreign investors, and the response was good. Kashani has assured that more such expos will be held in the future. He added that Gwadar’s location makes it convenient for taking industrial goods to Europe, Latin America, Africa, and Asia.
