China’s COSCO Shipping Lines KGS services still operational and recently 28-08-19 Gwadar International Terminals Limited connected to WeBoc which is Web Based One Custom (FBR). And docked at Gwadar Port every Tuesday. Service rotation of Port Qasim – Karachi – Gwadar – Jebel Ali – Sharjah – Abu Dhabi – Jebel Ali- Port Qasim connecting Gwadar with Global trading hubs of the regions.
Gwadar Port facilities, the volume and efficiency of the port has also improved for the load and discharge of containers and general cargo. Gwadar International Terminals Limited is fully ready to welcome Traders, Importers & Exporters of all kinds of cargoes, Container vessel & General cargo ships from any part of the world. In the presence of all these arrangements, the Gwadar Port is aiming the large available market of Coastal Trade between national seaports, Afghan Transit Trade (ATT), Regional Transshipments and Global Exports & Imports.
There is already introduced the One-Window-Operation, In Gwadar Business Center Free Zone able to provide necessary facilities to local and international investors. The Federation of Pakistan Chamber of Commerce & Industry, Security Exchange Commission of Pakistan, Balochistan Economic Forum and Custom is available to serve the investors. Chairman COPHC said Pakistan’s economic performance has improved significantly in the recent years, reflecting a strong promise and a series of serious efforts undertaken by the Government of both the countries i.e. the Islamic Republic of Pakistan & the People’s Republic of China. Recently China will invest $1 billion in different development projects in Pakistan in a fresh sign that bilateral ties between the two nations are stronger than ever. The investment was announced by Yao Jing who is China’s Ambassador to Pakistan. Chairman said CPEC, opportunity has opened its doors for the World.
Other side Social Corporate Responsibility (CSR) China-Pak Faqeer Colony Middle School funded by China Oversea Ports Holding Company (COPHC), the school, which planned to enroll 150 students, but now accommodates 503 students.
Supply 300,000 gallons of desalinated water to the Gwadar citizens every day, Statistics show that the number of COPHC employees is nearly 300, including 280 employees in Pakistan, accounting for 94%, and only 15 employees from China,
For Medical Center operation, COPHC cooperate with China Medical Team and Red Crescent PAK. Providing Medical treatment and medicine to local people for free at China Pakistan Hospital.
100% Scholarships for the Locals students in China every semester by China Overseas Ports Holding Company (COPHC)
Chairman Mr Zhang Baozhong said that federal government and provincial government of Balochistan were making all out efforts to complete the CPEC projects as soon as possible and recently
Economic Coordination Committee ECC approved a proposal regarding necessary amendments and exemptions in the Income Tax Ordinance, Sales Tax Act and Customs Act for the Gwadar Port and Gwadar Free Zone, according to a statement issued by the Ministry of Finance.
The Joint Working Group on Gwadar recently decided to accelerate the work on Gwadar Free Zone Phase -II, besides accelerating work on 300 MW coal based power plant.
Prime Minister of Pakistan Imran Khan directed the Ministry of Planning to fast-track work on the much-delayed $9 billion ML-I project. Another 1328 kilometer long new railway line from Jacobabad and Quetta via Basima to Gwadar is also planned to be established at port city with rest of the country and China Pakistan’s railway network to be comprehensive to Gwadar, Kashgar and Mazar Sharif, (ML-1). The prime minister directed Balochistan chief secretary, Ministry of Maritime Affairs and Ministry of Power to resolve the pending issues of CPEC.
Mr Jam Kamal Chief Minister Balochistan assured the provincial government’s full cooperation with foreign companies/investors willing to invest in Gwadar CM Mr Jamal Khan called Gwadar one of the top emerging investor-friendly cities of the world that would meet all demands of international investors. He said the year 2019 will be the year of Gwadar’s development as Gwadar International Airport, Eastbay Expressway, Gwadar Master Plan and other projects of the port city being executed under the Federal PSDP.