BR100 Increased By (0.36%)
BR30 Decreased By (-0.13%)
KSE100 Increased By (0.22%)
KSE30 Increased By (0.37%)
AGHA 6.68 Increased By ▲ 0.01 (0.15%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 57.32 Increased By ▲ 0.88 (1.56%)
BOP 30.35 Increased By ▲ 0.01 (0.03%)
CNERGY 13.12 Increased By ▲ 0.03 (0.23%)
CSIL 5.41 Increased By ▲ 0.05 (0.93%)
FCCL 52.79 Increased By ▲ 0.41 (0.78%)
FFL 14.72 Decreased By ▼ -0.02 (-0.14%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.09 No Change ▼ 0.00 (0%)
KOSM 5.73 Increased By ▲ 0.77 (15.52%)
LOTCHEM 26.46 Decreased By ▼ -0.89 (-3.25%)
MLCF 93.16 Increased By ▲ 0.41 (0.44%)
NBP 164.66 Decreased By ▼ -0.32 (-0.19%)
NCPL 55.66 Increased By ▲ 0.02 (0.04%)
NPL 61.16 Decreased By ▼ -0.10 (-0.16%)
OGDC 316.73 Decreased By ▼ -1.03 (-0.32%)
PACE 9.87 Decreased By ▼ -0.06 (-0.6%)
PAEL 35.63 Increased By ▲ 0.13 (0.37%)
PIBTL 14.68 Increased By ▲ 0.11 (0.75%)
PPL 226.91 Decreased By ▼ -0.88 (-0.39%)
PRL 93.02 Increased By ▲ 0.45 (0.49%)
PTC 60.26 Decreased By ▼ -0.37 (-0.61%)
SSGC 23.81 Increased By ▲ 0.01 (0.04%)
TBL 8.75 Increased By ▲ 0.07 (0.81%)
TELE 7.80 Increased By ▲ 0.02 (0.26%)
TPL 22.35 Increased By ▲ 0.12 (0.54%)
TPLP 12.97 Increased By ▲ 0.30 (2.37%)
TREET 22.16 Decreased By ▼ -0.38 (-1.69%)
TRG 56.56 Decreased By ▼ -1.24 (-2.15%)

ISLAMABAD: Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry has reaffirmed Pakistan’s commitment to deepening maritime cooperation with China, aiming to position Gwadar as a key regional hub for trade and connectivity.

Chairing a meeting on the 2025–2029 maritime action plans here on Wednesday, Junaid Chaudhry outlined the framework’s focus on advancing marine economy development, sustainable resource use, scientific research, and environmental protection under the China–Pakistan Economic Corridor (CPEC).

Describing the initiative as vital for linking Pakistan with Afghanistan, Central Asia, the Middle East, and Africa, the minister highlighted major infrastructure projects such as Gwadar Port expansion, completion of Free Zone Stage II, and fast-tracking East Bay Expressway Phase II to boost accessibility. Integration of the New Gwadar International Airport with the port was also prioritized to enhance multi-transit connectivity.

The framework encourages adoption of electronic data interchange and smart port technologies to connect Gwadar with Chinese and global shipping networks. It also includes development of port-related industries, warehousing, and cold storage facilities to facilitate regional trade and transhipment.

Beyond infrastructure, the plan promotes science, industry, and tourism cooperation, including joint marine science research centers, CPEC Industrial Parks for fisheries, shipbuilding, and aquaculture, plus maritime tourism ventures like cruises and water sports along Balochistan’s coast.

Education and sustainability are cross-cutting priorities, with academic partnerships and training exchanges between Pakistani and Chinese institutions to develop skilled manpower in logistics, port operations, and fisheries. The plan aligns with Belt and Road’s 'green energy & ocean' goals to balance growth with environmental protection.

Junaid Chaudhry emphasized that the 2025–2029 Action Plan demonstrates Pakistan’s resolve to build a resilient maritime economy and consolidate strategic ties with China, strengthening Pakistan’s maritime presence and advancing shared prosperity under the CPEC framework.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.