‘Gwadar is future business hub of country’

Islamabad : Gwadar is the future business hub of the country and Chinese President Xi Jinping would inaugurate the Gwadar airport during his upcoming visit to Pakistan, said Alauddin Marri, former caretaker chief minister of Balochistan and prominent businessman, says a press release.

He said this while exchanging views with Ahsan Zafar Bakhtawari, president, Islamabad Chamber of Commerce and Industry (ICCI) during his visit to ICCI.

Alauddin Marri said that the coastal areas of Balochistan including Gwadar, Turbat and Makran have not been connected with the national grid as yet and added that 100 MW of electricity would soon be supplied to these areas from Iran.

He said that Gwadar offers huge business opportunities to both local and foreign investors in many sectors including service industries, fisheries, petrochemical, tourism, trade logistics, processing and manufacturing industries like assembling of oil storage, refining, transport equipment, ship breaking, food and building materials processing, home appliances manufacturing, electronics and IT industry.

He said that it is a good time for potential investors to move to Gwadar and take advantage of its economic potential. He invited the ICCI delegation to visit Gwadar to explore business and investment opportunities.

Speaking at the occasion, ICCI president welcomed Alauddin Marri, and assured that ICCI would take a delegation to Balochistan to meet with chief minister, governor and corps commander, Quetta and explore business opportunities in Gwadar. He said that the pace of all development works in Gwadar including special economic zones and other required infrastructure should be expedited so that business and investment activities could be started.