AIRLINK 164.00 Decreased By ▼ -1.36 (-0.82%)
BOP 10.58 Increased By ▲ 0.19 (1.83%)
CNERGY 8.40 Increased By ▲ 0.57 (7.28%)
FCCL 47.24 Increased By ▲ 1.59 (3.48%)
FFL 15.30 Increased By ▲ 0.18 (1.19%)
FLYNG 26.45 Decreased By ▼ -0.03 (-0.11%)
HUBC 137.19 Increased By ▲ 1.91 (1.41%)
HUMNL 12.99 Increased By ▲ 0.14 (1.09%)
KEL 4.30 Increased By ▲ 0.11 (2.63%)
KOSM 5.63 Increased By ▲ 0.16 (2.93%)
MLCF 60.80 Increased By ▲ 1.37 (2.31%)
OGDC 215.60 Increased By ▲ 2.53 (1.19%)
PACE 5.54 Increased By ▲ 0.13 (2.4%)
PAEL 41.89 Decreased By ▼ -0.12 (-0.29%)
PIAHCLA 17.65 Increased By ▲ 0.60 (3.52%)
PIBTL 10.22 Increased By ▲ 0.29 (2.92%)
POWER 11.88 Increased By ▲ 0.09 (0.76%)
PPL 174.68 Decreased By ▼ -0.11 (-0.06%)
PRL 35.65 Increased By ▲ 1.29 (3.75%)
PTC 22.95 Increased By ▲ 0.25 (1.1%)
SEARL 95.08 Increased By ▲ 1.33 (1.42%)
SSGC 36.47 Increased By ▲ 0.36 (1%)
SYM 14.00 Increased By ▲ 0.52 (3.86%)
TELE 7.27 Increased By ▲ 0.15 (2.11%)
TPLP 10.25 Increased By ▲ 0.04 (0.39%)
TRG 61.93 Increased By ▲ 1.00 (1.64%)
WAVESAPP 10.39 Increased By ▲ 0.11 (1.07%)
WTL 1.31 Increased By ▲ 0.03 (2.34%)
YOUW 3.72 Increased By ▲ 0.02 (0.54%)
BR100 12,388 Increased By 74.4 (0.6%)
BR30 36,995 Increased By 487.9 (1.34%)
KSE100 115,532 Increased By 623 (0.54%)
KSE30 35,662 Increased By 120.4 (0.34%)

ISLAMABAD: Federal Minister for Planning Ahsan Iqbal directed the Ministry of Maritime Affairs to draft a comprehensive and actionable roadmap for Gwadar’s development, incorporating strategies to enhance industrial zones and optimise traffic along the western provincial route.

The minister, Tuesday, chaired a high-level meeting to discuss the operationalisation of Gwadar Port. The meeting, held in Islamabad, was attended by Secretary Planning Awais Manzur Sumra, Member infrastructure Waqas Anwar, senior officials from the Planning Commission, and representatives from the ministries of Foreign Affairs, Communications, Maritime Affairs, Railways, and Petroleum, as well as the Gwadar Port Authority and other relevant departments.

Representatives from various embassies also participated via video link.

The discussions focused on devising short- and medium-term strategies to operationalise Gwadar Port effectively within six months. The federal minister emphasised the importance of comparing Gwadar’s trade costs with other regional ports, including those in Kyrgyzstan, Turkmenistan, Tajikistan, Bishkek, and Tashkent.

Highlighting Gwadar’s strategic importance, the minister noted that it serves as the shortest trade route to Xinyang, China. He urged the private sector to share detailed proposals to enhance trade through the port, assuring full government support in providing relevant data. The minister also stressed the need to facilitate the private sector in bringing more shipments to Gwadar, which has so far handled traffic mainly through government initiatives.

Addressing concerns regarding Gwadar’s infrastructure, the minister clarified that there are no water issues due to the availability of a desalination plant, and most areas now have access to electricity. He emphasised the port’s capability to handle significant cargo volumes, citing past performance of 600,000 tons of cargo handled efficiently.

The minister further highlighted Gwadar’s potential as a key hub for trade with Central Asian Republics, given its proximity and capability to handle imports and exports efficiently.

The meeting concluded with a commitment to creating a practical and collaborative action plan to fully operationalise Gwadar Port and unlock its potential as a regional trade hub.

Copyright Business Recorder, 2025

Comments

Comments are closed.

Re=== Jan 15, 2025 11:15pm
Ten years after the port was built, the govt wants a comprehensive plan? Arent there enough plans already? Not a single foreign ship birthed in Gwadar other than China supply vessels to build the port
thumb_up Recommended (0)