Seven countries including Saudi Arabia, UAE, Qatar, Kuwait, Oman, Egypt, and Kenya have officially communicated their interest in long-term cooperation in Gwadar.
The development came during Prime Minister Imran Khan’s one-day visit to Gwadar, where ambassadors of these countries attended an official ceremony and expressed intent for cooperation in the development of the port city.
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During the ceremony, PM Imran launched different mega projects and witnessed the signing of a number of MoUs.
The PM unveiled the following projects:
The PM witnessed the signing of the following MoUs:
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Chinese investors including Huang Weiguo (textile), Huang Daoyuan (prefabricated technology), Fang Hongyan (agriculture), Shen Jian (wool spinning), David Dia and Chen Yi (dairy processing), and Bao Dequan (textile) attended the ceremony via video link and pledged to invest in Gwadar.
CM Balochistan Jam Kamal, Chairman Senate Sadiq Sanjrani, Foreign Minister Shah Mahmood Qureshi, Information Minister Fawad Chaudhry, Minister for Defence Production Zubaida Jalal, and Minister for Maritime Affairs Ali Zaidi accompanied the PM during the visit to the port city.
Editorial & Legal Practice Group
Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.
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Jurisdiction: Pakistan