GWADAR – The Gwadar Port Authority (GPA) has signed an agreement with a major Chinese company to increase investments and accelerate development at Pakistan’s strategic deep‑sea port, officials announced on Tuesday.
The partnership aims to expand trade infrastructure, enhance port operations, and attract foreign investment under the China‑Pakistan Economic Corridor (CPEC) framework. GPA representatives stated that the agreement will facilitate new logistics hubs, industrial facilities, and maritime services to strengthen Gwadar’s role as a regional trade and transit hub.
According to port officials, the collaboration includes initiatives to modernize cargo handling, improve connectivity to inland transport networks, and promote special economic zones to encourage local and international businesses. The investment plan is also expected to create employment opportunities for the local population.
Analysts say the deal could accelerate Gwadar’s transformation into a key economic gateway for Pakistan, linking South Asia, the Middle East, and Central Asia through enhanced trade routes.
The GPA emphasized that the project aligns with Pakistan’s long‑term vision to maximize the port’s potential and leverage CPEC for sustainable economic growth.
This story has been reported by PakTribune. All rights reserved.