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Gwadar to be leading trading port in the region

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Pakistan’s Minister of Planning, Development and Reforms Khusro Bakhtiar said on Saturday that a comprehensive plan is being made to develop Gwadar port in the country’s southwest Balochistan province on modern lines, under the China-Pakistan Economic Corridor (CPEC).

Addressing a press conference here, Bakhtiar said that the country’s blue economy has a huge potential and a comprehensive plan is being made to enable Gwadar to emerge as a leading trading port in the region.

A master plan regarding the development of the former fishing town is in final stage, and once the plan is implemented it will attract foreign investment, making Gwadar a transshipment hub, he said.

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