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Home Business

Chinese Delegation Visits Gwadar to Explore Investment Opportunities

by Alina Fida
August 7, 2024
in Business, Main, New, News, Pakistan
Reading Time: 1 min read
0
Chinese Delegation Visits Gwadar to Explore Investment Opportunities

Chinese Delegation Visits Gwadar to Explore Investment Opportunities

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A high-level Chinese delegation visited Gwadar on Tuesday to explore future investment opportunities and review progress on existing projects under the China-Pakistan Economic Corridor (CPEC).

The 26-member delegation, comprising representatives from the Chinese embassy, Pakistani officials, and business leaders, held meetings with local authorities and visited key sites, including the New Gwadar International Airport, Pakistan-China Friendship Hospital, South Free Zone, and Gwadar Port.

Discussions focused on CPEC’s Phase 2 project, development programs, and investment potential. The delegation expressed satisfaction with the security measures in place for Chinese employees working on various projects.

Addressing the gathering, Balochistan Finance Minister Zahoor Buledi emphasized the significance of Pakistan-China industrial cooperation, terming it crucial for the region’s economic revolution. He highlighted the creation of employment and business opportunities for the people of Balochistan.

Gwadar Port Authority Chairman Pasand Khan Bilidi briefed the delegation on the importance of CPEC for Gwadar Port’s success, while the Chairman of China Overseas Port Holding Company offered suggestions to strengthen trade ties.

Tags: latestPakistan

Alina Fida

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