China’s Xinning Enterprise to invest at Gwadar Port

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

Add Mettisglobal as a Trusted Source on Google

0:00

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

Related News

Name	Price/Vol	%Chg/NChg
KSE100	166,419.72 133.15M	0.14% 233.55
ALLSHR	100,871.92 395.66M	0.05% 48.64
KSE30	49,316.65 59.50M	0.05% 23.11
KMI30	239,907.60 63.28M	-0.05% -114.34
KMIALLSHR	65,473.69 245.25M	-0.00% -2.07
BKTi	45,849.28 9.86M	0.23% 104.46
OGTi	33,523.02 3.37M	-0.51% -171.71

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,620.00	81,795.00 80,850.00	20.00 0.02%
BRENT CRUDE	109.95	110.00 104.91	4.03 3.80%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.05 0.04%
ROTTERDAM COAL MONTHLY	145.10	0.00 0.00	0.15 0.10%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	99.04	99.34 95.29	2.54 2.63%
SUGAR #11 WORLD	20.85	21.01 20.47	-0.28 -1.33%