During his visit to Islamabad Chamber of Commerce and Industry (ICCI), former Acting Prime Minister of Balochistan Alauddin Mali said that Chinese President Xi Jinping will inaugurate Gwadar Airport during his next visit to Pakistan.
He spoke about the strategic location of Balochistan and the importance of Gwadar port. Domestic and foreign investors have access to a wide range of business opportunities in Gwadar, including the service sector, fisheries, petrochemicals, tourism, trade, logistics, oil storage and refining equipment, processing and manufacturing, including transportation equipment assembly. have. , ship dismantling, food and building materials processing, home appliance production, electronics, information technology industry.
The China-Pakistan Economic Corridor (CPAC) is a major project that aims to connect Pakistan’s Gwadar port to China’s Xinjiang Uyghur Autonomous Region through a network of highways, railways and pipelines. The length of this project is about 30,000 km from Gwadar in Balochistan to Kashgar.
This project is strategic for both parties. For Pakistan, it provides the strength to overcome electricity shortages, develop infrastructure, modernize transportation networks, and develop the state’s economic status.
Meanwhile, it addresses China’s security concerns in the restive Xinjiang Uyghur Autonomous Region, where indigenous Uighur Muslim separatists hold sway.
In addition, this port has strengthened strategic ties between China and Pakistan. The project aims to reduce China’s dependence on the Strait of Malacca between Malaysia and Indonesia, and is considered a shortcut to facilitate trade between China and Europe.
In addition, Balochistan is rich in natural resources. ICCI President Ehsan Zafar Baktwari says that the government should focus on providing all necessary facilities to potential investors to reduce poverty and unemployment and encourage investments that will bring prosperity to the state.
