China’s Xinning Enterprise to invest at Gwadar Port

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MG News | August 06, 2025 at 12:15 PM GMT+05:00

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August 6, 2025 (MLN): A major boost to Gwadar’s development is on the horizon as China’s Xinning Enterprise has signed a Letter of Intent with the Gwadar Port Authority to invest in large-scale industrial and commercial projects at the strategic port and its Free Zone.

The agreement outlines plan to transform Gwadar Port into a regional transshipment hub, introduce new industrial ventures, enhance existing infrastructure within the Free Zone, and facilitate the relocation of industries to the area.

The Letter of Intent was signed by Yi Jiang on behalf of Xinning Enterprise and received by Umer Zaffar Shaikh, Additional Secretary of the Ministry of Maritime Affairs, representing the Chairman of the Gwadar Port Authority.

During their visit, the Chinese delegation led by Yi Jiang also met with Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, to explore strategies for improving port operations and attracting further investment.

Minister Chaudhry reaffirmed Pakistan’s commitment to positioning Gwadar as a global maritime gateway and a future industrial powerhouse, he further emphasized the port’s strategic significance in regional connectivity and trade.

Copyright Mettis Link News

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