Gwadar Investment Deal to Boost Regional Economy: Balochistan Investment Board Vice Chairman
Quetta:Vice Chairman of the Balochistan Investment Board, Bilal Khan Kakar, stated that the recent investment agreement between the Gwadar Port Authority and a Chinese company will play a vital role in shaping the economic future of the region.
In an official statement, Kakar said the agreement aims to promote industrial and commercial investment at Gwadar Port and the Gwadar Free Zone — a key component of the China-Pakistan Economic Corridor (CPEC).
The deal includes plans to transform Gwadar Port into a regional transshipment hub, launch new industrial projects, upgrade existing facilities in the free zone, and relocate industries to the area. These initiatives are expected to significantly increase employment opportunities in Balochistan.
Kakar added that the agreement will also enhance trade and connectivity with Central Asia, the Middle East, and other regions, attract more foreign investment, and boost investor confidence in Balochistan.
