Chinese Firm Signs LoI to Invest in Free Zone
9 Articles
9 Articles
Chinese firm signs LoI to invest in free zone
China's Xinning Enterprise has signed a Letter of Intent (LoI) with the Gwadar Port Authority (GPA) to launch major industrial and commercial ventures at Gwadar Port and its Free Zone, marking a key step in enhancing Gwadar's role as a regional trade and economic hub. According to an official statement, the LoI was signed Tuesday by Yi Jiang, representing Xinning Enterprise, and received by Umer Zaffar Shaikh, Additional Secretary of the Ministr…
Pakistan, China Sign Deal to Boost Gwadar Port
Gwadar Port, a flagship project under the China-Pakistan Economic Corridor (CPEC), has long been positioned as a strategic hub for regional trade and connectivity. Despite its potential, the port has remained underutilized for years due to infrastructural and political challenges. However, recent developments signal a renewed push by Pakistan and China to operationalize Gwadar and attract meaningful industrial investment. The latest agreement be…
Gwadar Port, Xinning Sign Deal for Industrial Growth
The Gwadar Port Authority (GPA) has signed a Letter of Intent (LoI) with China’s Xinning Enterprise to accelerate industrial and commercial investments at Gwadar Port and its Free Zone, the Ministry of Maritime Affairs confirmed on Tuesday. Pushing Forward Gwadar’s Economic Potential The agreement is a vital development in Pakistan’s efforts to commercialise Gwadar Port, a flagship project under the China-Pakistan Economic Corridor (CPEC). Altho…
Pakistan, China ink Gwadar port investment deal
Pakistan’s Gwadar Port Authority (GPA) has signed a Letter of Intent (LOI) with China’s Shaning Enterprise to increase investment in Gwadar port and its associated free zone. This move marks a major step in the government’s long‑standing efforts to activate commercial operations at the Gwadar port. For over a decade, Gwadar port has remained underutilized despite massive infrastructure investments. In a renewed push, the government invited priva…
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