According to latest news, Muhammad Khan Niazi had a trip in Gwadar. He had plans to extend his sea food business from the Pakistan’s port city Karachi. While expressing his immense feelings of his incredible experience of the trip, he shared his views and told Xinhua that the development of Gwadar’s free zone will promote the export business particularly in Karachi and develop the economy o the country at large. He said that Gwadar is offering competitive prices as far as materials are concerned.
The first part of Gwadar Free Zone has already been in launched on Monday. According to an estimate almost 30 companies from multiple industries have moved in the free zone with an investment of $474.3 million. While attending the first international exhibition which was held at Gwadar Port’s Free Zone, Niazi further expressed that the Karachi port will become the main hub of shipping in the region in the coming future. Karachi is rich in fishing resources and in order to take great benefit from the rich resources, he wishes to set a branch in Gwadar.
He further added in his talk that the development of the free zone will bring an immense change in Pakistan. Many companies have already developed their setups that will create wonderful job opportunities as well for the people of the region.