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Gwadar port will become a Regional Shipping Center

Government Approved Rs 500 Million Funds for Gwadar business plan

Islamabad: For Muhammad Khan Niazi, the trip to Gwadar, a small and remote port town in Pakistan’s southwestern Balochistan, earlier this week was an unbelievable one as he was attempting to extend his seafood business in the town from the country’s largest port city of Karachi.
Niazi, who was busy giving out his company’s pamphlets to potential clients in the first ever international exposition held in the port’s free zone, told Xinhua that the Gwadar port will become a regional shipping center in the near future and by taking this advantage and Gwadar’s excellent fishing resources, he wants to set up a branch in the small town so as to send his seafood to more overseas markets.
Price of material in Gwadar is competitive and now it has a free zone which allows us to export easily. It is good for our exporters, businessmen and people in Balochistan and Pakistan,” said Niazi, who is the managing director of his family business which has been in operation for over 20 years.

First phase of Gwadar’s free zone

The first phase of Gwadar’s free zone was formally inaugurated on Monday. Pakistani Prime Minister Shahid Khaqan Abbasi said during the inauguration that every harbor needs a free zone to boost its development and Gwadar’s free zone will link Pakistan with central Asia, adding that Gwadar’s potential was recovered through the construction of the free zone.
According to the operator of Gwadar port, some 30 companies in different businesses such as hotel, bank, logistics and fish processing have entered the free zone with direct investment of about 474.3 million U.S. dollars and are expected to output annual value of 790.5 million dollars after full operation. Ismail Sawwa, sales manager of Aqua Seafood Pasni, told Xinhua during the Gwadar Expo that the construction of the free zone is a “big change” for Gwadar. “You can see a lots of people here who have their own works and there are a lot of opportunities for people to get a job here in Gwadar. It is very easy when you compared with the previous years.”
Sawwa said that Gwadar is much more developed than before and now it is easy for businessmen to reach the direction of international markets through Gwadar.
He said that his company catches seafood around Gwadar and Pasni waters, but needs to get to the international markets via Karachi. “Now, we can send our goods directly from Gwadar, the route is short now, and cost is also short.”
Witnessing the development of Gwadar port, Dostain Khan Jamaldini, chairman of Gwadar Port Authority, believes that Gwadar will be a rising city in Pakistan to bridge Pakistan with the rest of world.

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