Indian envoy visits Gwadar Port
The Gwadar Port in Balochistan is being developed with Chinese help into a strategic link with Central Asian republics.india Updated: Jan 12, 2007 18:28 IST
Indian High Commissioner to Pakistan Satyabrata Pal was among a group of diplomats who visited the Gwadar Port in Balochistan, being developed with Chinese help into a strategic link with Central Asian republics.
Highlighting the investment opportunities in the area, Pakistan's Minister for Communications Shamim Ahmed Siddiqi told the diplomats on Thursday that Gwadar had the potential to become a regional hub of trade and commercial activities and would serve as a link to China and Central Asian republics.
The government planned to spend $7 billion in the next eight years to improve the road infrastructure for which a network would be ready by 2014 to link China and South Asian countries through Gwadar, Siddiqi said.
During his interaction with the visitors, he laid emphasis on stability in Afghanistan so that the economic benefits could be fully tapped.
The work on Phase-I of the project is almost complete except for final touches which are expected to be over by March, said Gwadar Port Authority Chairman Munir Wahid.