Categorized | News & Updates

Gwadar seaport to enhance trade ties with regional countries

Posted on 03 January 2009

ISLAMABAD, Dec 31 (APP): Prime Minster Syed Yousuf Raza Gilani on Wednesday said the development projects initiated by the government would bring rapid socio economic development of the people of Balochistan. He said that the recent opening of Gwadar port would play a significant role in enhancing the economic, trade and commercial ties with the regional countries besides generating job opportunities for the people of the province. The Prime Minister was talking to Chief Minister Balochistan, Nawab Muhammad Aslam Raisani, who called on him here at the PM House.

The Prime Minister said that the setting up of duty free area at Gwadar would further enhance large scale business activity and would also attract foreign direct investment.

He said the federal government would allocate funds required for the infrastructure projects in Balochistan.

The Chief Minister said that efforts would be made to explore the untapped hydrocarbon and mineral deposits in the province at a fast pace to meet the growing energy needs of the country.

He also informed the Prime Minister about the on‑going socio‑economic development activities being undertaken by the government in Balochistan.

app.com.pk

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