China’s Xinning Enterprise has signed a Letter of Intent with Gwadar Port Authority major industrial and commercial investments at Gwadar Port and its Free Zone.
The Letter was signed by Yi Jiang, representing Xinning Enterprise and received by Umer Zaffar Shaikh, Additional Secretary of the Ministry of Maritime Affairs on behalf of Chairman Gwadar Port Authority.
These ventures include developing Gwadar Port as a regional transshipment center, launching new industrial projects, optimizing existing facilities within the Gwadar Free Zone, and relocating industries.
The Chinese business delegation, headed by Yi Jiang, also met with Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry to discuss ways to boost the performance of Gwadar Port.
Minister Junaid Chaudhry reaffirmed the government’s commitment to transforming Gwadar into a global maritime gateway and industrial powerhouse.
