Gwadar Port to be highest GDP contributor to its economy by 2030: CEO COPHC

MG News | June 14, 2020 at 03:57 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

June 14, 2020: Chief Executive Officer of China's Overseas Port Holding Company Zhang Baozhong, says Gwadar Port will be a new economic hub of Pakistan and the highest GDP contributor to its economy by 2030.

Talking to China Economic Net, he said Gwadar port-related activities are progressing well as more than 250 million dollars have been initially spent on its renovation with more investments in the pipeline.

Zhang Baozhong said in addition, new cranes have been added for unloading cargo along with works on establishment of a business center, a desalination plant and sewage disposal systems.

He said this port will become a node in international shipping.

China Overseas Port Holding Company operates Gwadar Port and Free Trade Zone.

Radio Pakistan

Related News

Name	Price/Vol	%Chg/NChg
KSE100	167,451.14 208.51M	-0.87% -1465.09
ALLSHR	101,001.01 682.33M	-0.58% -592.67
KSE30	50,083.09 61.18M	-0.89% -447.66
KMI30	241,220.88 90.04M	-0.57% -1377.35
KMIALLSHR	65,816.91 315.19M	-0.47% -307.98
BKTi	45,636.23 28.00M	-1.71% -792.77
OGTi	35,457.78 4.84M	-0.07% -24.04

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	79,720.00	81,530.00 78,815.00	-1275.00 -1.57%
BRENT CRUDE	105.86	108.28 105.61	-1.91 -1.77%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-6.75 -5.78%
ROTTERDAM COAL MONTHLY	109.80	109.80 108.15	0.10 0.09%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	101.19	103.67 100.56	-0.99 -0.97%
SUGAR #11 WORLD	15.39	15.41 14.95	0.38 2.53%