‘Gwadar will become region’s commercial hub’

GWADAR: China Overseas Port Holding Company (COPHC) Chairman Zhang Baozhong has said that with construction of free zone, the port city of Gwadar will become a big commercial hub in the region.

In an interview with APP on Sunday, the COPHC chairman said development of Gwadar would help to improve the overall economic conditions of the country and also of the local people.

Baozhong said, “For construction of Gwadar Free Zone, China had employed around 2,000 local people keeping in view their involvement in the mega project.”

He said China was very happy with the strong support extended by Pakistan's federal and provincial governments for holding of Expo 2018.

He said the expo, which would attract delegations from countries including Iran, Saudi Arabia and United Arab Emirates, would help proper marketing of local products.

 

Published in The Express Tribune, January 29^th, 2018.