GWADAR: On Saturday, May 4th, 2024, Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh inaugurated the Agriculture Industrial Park in Gwadar Free Zone, established by China’s Hangeng Agricultural Group.
In a conversation with Gwadar Pro, Andy Liao, CEO of Hangeng Agriculture Group expressed his elation at the significant progress in the Gwadar Free Zone. He stated that the establishment of enterprises in the Gwadar Port North Free Zone marks a pivotal moment, ushering in a new era of development.
Liao highlighted the upcoming phase of China-Pakistan Economic Corridor (CPEC), which is expected to further boost Gwadar’s growth. He expressed heartfelt gratitude to the China Overseas Port Holding Company (COPHC), Gwadar Port Authority (GPA), Customs, and the Army for their invaluable assistance during challenging times.
“The commitment remains strong to realize the vision of Gwadar’s economic advancement and improve the lives of its people. The newly established manufacturing factory in Gwadar will export 100 containers of pharmaceutical material each month to China. The company is providing employment opportunities to more than 100 workers in Gwadar,” he added.
During the ceremony, Federal Minister Qaiser Ahmed Sheikh praised the successful establishment of the factory in Gwadar. He emphasized the dedication of the people of Baluchistan and the need to work towards the prosperity of the province, particularly Gwadar. He said, “The Gwadar Free Zone is a vital component of Pakistan’s economic growth, fostering trade, investment, and regional connectivity. Its strategic location and ambitious plans position it as a key player in the future of international trade and development.”
He stated that the Chinese government has achieved remarkable progress in lifting 770 million people out of poverty, demonstrating their capacity to transform lives through economic development and progress. –Agencies
