LCCI-COPHC hold sem­i­nar on Gwadar port

The Pak Banker - - NATIONAL - Staff Reporter

Gwadar is the re­gion's most strate­gi­cally well lo­cated port that would be a hub of mar­itime trade in the whole re­gion. It will at­tract more in­vest­ments, which will pro­mote the de­vel­op­ment of dif­fer­ent sec­tors and con­trib­ute to lo­cal so­cial eco­nomic de­vel­op­ment, di­rectly or in­di­rectly. Gwadar is bound to change the faith of Pak­istan as it is not only a global dis­tri­bu­tion cen­ter but is also a gate­way to China and land locked coun­tries of the re­gion.

This was crux of the speeches de­liv­ered at a sem­i­nar on "Gwadar - A deep sea port ex­plor­ing global op­por­tu­ni­ties" here at the La­hore Cham­ber of Com­merce & In­dus­try on Tues­day. The LCCI Vice Pres­i­dent Nasir Saeed, Chair­man China Over­seas Ports Hold­ing Com­pany Zhang Baozhong, Chi­nese Consul Gen­eral in La­hore Yu Boren, Saiyed Shahzad Sul­tan and Con­vener of the Stand­ing Com­mit­tee Muham­mad An­war spoke on the oc­ca­sion while for­mer LCCI Pres­i­dents Mian Muham­mad Ashraf, Mian An­jum Nisar, Shahid Has­san Sheikh, So­hail Lashari, for­mer Vice Pres­i­dent Kashif An­war, Ex­ec­u­tive Com­mit­tee Mem­bers Ab­dul Razaq, Mian Zahid Javed, Shahzad Wa­heed, Tan­veer Ahmed and Za­far Mah­mood were present on the oc­ca­sion.

Chair­man of China Over­seas Ports Hold­ing Com­pany Zhang Baozhong said that Gwadar Port is the prod­uct of long term Chi­naPak­istan co­op­er­a­tion. Gwadar Ter­mi­nal has done a lot of ef­fec­tive and fruit­ful work.

He said that last year in May, we have com­menced the com­mer­cial con­tainer­ized ser­vice from Gwadar; this ser­vice is con­tin­u­ously cater­ing the seafood ship­ments for In­done­sia, China & other Far East­ern coun­tries.

He said that there are also a num­ber of cargo ships berthing in the port as well as the through­put in­creased. He said that Pak­istan's eco­nomic per­for­mance has im­proved sig­nif­i­cantly in the re­cent years, re­flect­ing a strong com­mit­ment and a se­ries of se­ri­ous ef­forts un­der­taken by the govern­ment and peo­ple of Pak­istan.

He said that the in­cep­tion of Gwadar Deep-Sea Port is to fur­ther en­able eco­nomic de­vel­op­ment of Pak­istan over the next decades and be­yond. He said that Gwadar has enor­mous po­ten­tial from all an­gles and di­men­sions for any kind of busi­ness ac­tiv­ity, whether known or emerg­ing with ever de­vel­op­ing tech­nolo­gies.

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