Pakistan Faces Challenges in Promoting Trade at Chinese-Built Gwadar Port - PRESS AI WORLD
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Pakistan Faces Challenges in Promoting Trade at Chinese-Built Gwadar Port

share-iconSaturday, January 11 comment-icon1 week ago 7 views
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voanewsVOANEWS
Pakistan Faces Challenges in Promoting Trade at Chinese-Built Gwadar Port

Credited from: VOANEWS

  • Pakistan is facing difficulties in attracting commercial activities to the Chinese-funded Gwadar Port, according to a recent press release.
  • The minister for planning highlighted the lack of a commercial analysis and operational plan for the port, nearly a decade after its first container ship arrival.
  • Despite significant investments in infrastructure, Gwadar handled less than 1% of the country's seaborne trade during the fiscal year 2022-23.
  • Security issues and insufficient basic services are seen as major challenges that deter airlines and businesses from operating in the area.
  • Plans are being developed to market Gwadar’s trade routes and improve infrastructure, but experts warn that long-term planning is essential for success.

For the full article, visit VOA News.

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Gloria Terra

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