Gwadar SEZ attracts 43 Chinese companies for investment

GWADAR: The Chairman of China Overseas Port Holding has informed that 43 Chinese corporations are ready to invest in the Gwadar Special Economic Zone (SEZ) after the work on Phase-I has been finished.

Furthermore, the Chairman affirmed that 200 additional companies have already been registered for investment purposes.

The Gwadar SEZ will supplement infrastructure and energy projects, along with establishing industries pertaining to chemicals, textiles, mobiles and automobiles. The Special Economic Zone holds the key to new opportunities for the residents of Balochistan.

Regarding the development work, the Chairman informed that despite the pandemic the work is expediting and projects are being completed before time.

He added that cargo ships are docking on the port, and a terminal for liquefied natural gas will also be established at the Gwadar port.

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