BR100 Decreased By (-0.15%)
BR30 Decreased By (-0.74%)
KSE100 Decreased By (-0.41%)
KSE30 Decreased By (-0.67%)
BECO 5.80 Decreased By ▼ -0.23 (-3.81%)
BML 58.03 Increased By ▲ 5.28 (10.01%)
BOP 33.85 Decreased By ▼ -0.40 (-1.17%)
CNERGY 8.15 Decreased By ▼ -0.01 (-0.12%)
DCL 11.77 Decreased By ▼ -0.57 (-4.62%)
FCCL 53.35 Decreased By ▼ -0.54 (-1%)
FCSC 5.40 Increased By ▲ 0.18 (3.45%)
FFL 17.89 Decreased By ▼ -0.14 (-0.78%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.06 Increased By ▲ 0.06 (0.55%)
KEL 8.05 Decreased By ▼ -0.06 (-0.74%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 87.19 Decreased By ▼ -0.86 (-0.98%)
NBP 184.60 Decreased By ▼ -1.88 (-1.01%)
PACE 11.62 Increased By ▲ 0.90 (8.4%)
PAEL 40.31 Increased By ▲ 0.37 (0.93%)
PIAHCLA 26.10 Decreased By ▼ -0.07 (-0.27%)
PIBTL 17.09 Decreased By ▼ -0.23 (-1.33%)
PPL 228.40 Decreased By ▼ -4.38 (-1.88%)
PRL 34.59 Decreased By ▼ -0.36 (-1.03%)
PTC 67.35 Decreased By ▼ -0.21 (-0.31%)
SEARL 91.00 Increased By ▲ 0.07 (0.08%)
SSGC 26.90 Decreased By ▼ -0.27 (-0.99%)
TELE 8.53 Decreased By ▼ -0.04 (-0.47%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.29 Increased By ▲ 0.53 (6.05%)
TREET 24.59 Increased By ▲ 0.05 (0.2%)
TRG 71.69 Decreased By ▼ -0.06 (-0.08%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
Markets

Gwadar Port: Planning minister seeks marketing templates, packages for ‘cost-effective’ trade routes

  • Materials to be distributed through Pakistan’s embassies, missions worldwide to promote Gwadar Port on global scale
Published January 8, 2025 Updated January 8, 2025 10:59pm

Planning minister Ahsan Iqbal directed on Wednesday preparation of marketing templates and packages showcasing Gwadar Port’s cost-effective trade routes and potential incentives for international businesses, a ministry statement read.

The development came as Ahsan Iqbal chaired a high-level meeting on the operationalisation of Gwadar Port in Islamabad. The meeting was attended by senior officials from the Planning Commission, Ministry of Foreign Affairs, Ministry of Communications, Ministry of Maritime Affairs, Ministry of Railways, Ministry of Petroleum, and other relevant departments, and representatives from embassies participated in the discussion via video link.

During the meeting, the minister emphasised Gwadar Port’s strategic significance as “one of Pakistan’s most valuable assets”.

“Gwadar provides the shortest trade route to Gulf and Central Asian countries, including Turkmenistan, Tajikistan, and Kyrgyzstan, and has immense potential to serve as a key regional transshipment hub,” Ahsan was quoted as saying in the statement.

Gwadar to become internationally acclaimed world-class port city: Ahsan Iqbal

He sought marketing templates and packages, which could highlight Gwadar’s cost-effective trade routes and potential incentives for international businesses.

“These materials will be distributed through Pakistan’s embassies and missions worldwide to promote Gwadar Port on a global scale,” the statement read.

As per the details of the meeting provided by the ministry, Ahsan noted the lack of commercial analysis and a comprehensive operational plan for Gwadar Port, calling for immediate efforts to unlock its potential. He also stressed the need for a robust action plan within six months to generate trade traffic through the port.

“This initiative aims to create job opportunities for local residents and boost the regional economy.”

Meanwhile, the minister urged the Balochistan Mining Department to develop proposals for exporting finished white marble instead of raw materials, emphasising the importance of value addition to enhance Pakistan’s mineral exports, according to the statement.

“To ensure Gwadar remains competitive in the region, the minister instructed the National Logistics Cell (NLC) to conduct a detailed cost analysis for transshipment routes. He highlighted the need for competitive pricing and viable logistics solutions to attract international trade.”

Uraan Pakistan designed to avoid pitfalls of previous initiatives: Ahsan Iqbal

Ahsan also called for focused efforts to facilitate trade between Gulf countries and China through Gwadar, presenting it as the “most economical and efficient route for imports and exports”.

He maintained that the port offers the cheapest shipping options and must be marketed aggressively to the international community.

The meeting concluded with a renewed commitment to making Gwadar a thriving regional trade hub, with all stakeholders directed to work collaboratively toward this goal, the ministry statement said.

Comments

Comments are closed for this article.

Sumiya Jan 08, 2025 11:49pm
Mam Maryam Nawaz sahiba plz help am belong to poor family
0