Gwadar’s potential as leading transshipment hub highlighted

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Islamabad: Pakistan’s Secretary for Maritime Affairs, Zafar Ali Shah has highlighted Gwadar’s potential as a leading transshipment hub, enhanced maritime infrastructure, and incentives for businesses.

He maintained that the Gwadar free economic zone has immense investment potential and offering unique opportunities for Chinese investors.

In a statement issued here, he said due to Gwadar’s strategic location, modern port facilities, and supportive regulatory environment make it an ideal investment destination.

Shah spoke about the incentives for investors including streamlined customs procedures, and robust legal protections.

He added that due to diverse sectors such as manufacturing, logistics, and technology there exist huge industrial growth opportunities for the potential investors.

“It is welcoming that great interest was showed by the Chinese companies in Gwadar and investment in Pakistan,” he remarked.