Gwadar Port to help ‘boost economy’

Minister vowed making Gwadar Port a pivotal hub in Pakistan’s trade network

ISLAMABAD:

In a continued effort to boost economic growth and streamline trade operations, a follow-up meeting was convened under the chairmanship of Federal Minister Maritime Affairs Qaiser Ahmed Sheikh on Thursday.

As per the directives of the prime minister, this was the second important meeting in a series, focused on enhancing measures to increase business activity through Gwadar Port and sought proposals from stakeholders, said a press statement issued here.

The key stakeholders including representatives from the Ministry of Maritime Affairs (KPT, PQA, GPA, KoFHA, PNSC) Commerce, Ministry of Finance, Ministry of National Food Security, Ports and Shipping members of Quetta & Lahore Chamber of Commerce and other stakeholders also attended the discussion session. The discussions centered around optimizing the port’s operational capacity, improving infrastructure, and implementing efficient customs procedures to facilitate smooth import and export processes. The minister said that we are gathered to work out a comprehensive plan in making Gwadar Port a pivotal hub in Pakistan’s trade network according to the dynamic vision of prime minister.

By addressing the challenges and implementing strategic improvements, we are poised to enhance our import and export capabilities, which will have far-reaching benefits for the entire country.

Published in The Express Tribune, May 24^th, 2024.