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Wednesday November 27, 2024

The Gwadar port

The news that the Gwadar port will become operational by April is a good omen for the country’s development. To reap full benefits of the port, the construction of free trade zones with national and international business centres is in full swing.Such zones will give great incentives to businessmen and

By our correspondents
February 23, 2015
The news that the Gwadar port will become operational by April is a good omen for the country’s development. To reap full benefits of the port, the construction of free trade zones with national and international business centres is in full swing.
Such zones will give great incentives to businessmen and industries to use this port as a transportation conduit for their products. Moreover, with the completion of the M8 motorway by June this year a distance of 400 kilometres will be saved for shipping containers to directly go to the northern parts of the country from Gwadar by skipping Karachi. This will certainly lower the cost of production for industries. It is hoped the government will not only continue its efforts for economic development but will also ensure that its benefits are trickled down to the masses.
Afia Malik
Lahore