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'Gwadar's potential and investment opportunities': FPCCI body gives presentation in a seminar

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is hopeful that Prime Minister Nawaz Sharif will work sincerely to materialise his announcement to develop Gwader Port. Colonel Fazl Maqbool Afridi (Retd), Chairman FPCCI's Standing Committee on Gwader's Promotion and Development gave a presentation on "Gwader's potential and investment opportunities" here at Federation House on Wednesday.

Investors from Gwader and Karachi attended the seminar and showed their willingness to invest in different sectors at Gwadar Port. Afridi said that Gwader was going to become economic hub of not only Pakistan but also the whole world. He said that Gwader had geographical and strategical importance. While comparing Gwader Port with Karachi, he said that a ship at Karachi Port had to anchor at a distance of 40km from the seashore while at Gwader it can come to a distance of three kilometer because of its deep sea water. To a question about law and order situation in Gwader city he said that the disgruntle people of Gwadar can be satisfied by fulfilling their fundamental needs including job opportunities, technical education, health facilities, and employment.

He said that overall population of Gwader was one million and more than 2.5 million people especially from Balochistan province will get employment in Gwader. He urged investors to come forward to invest in education, health, construction, tourism, real state, fish farms and other sectors at Gwader city.

Copyright Business Recorder, 2013



 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
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WeeklyApril 14, 2014
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