GWADAR: The first Chinese import-carrier ship has been docked at Gwadar port on Monday.
The cargo ship Zhen Xing Sung, a bulk-break vessel of the China Overseas Shipping Co (Cosco) reached Gwadar port early Monday morning laden with seafood.
The inauguration ceremony was organised on the ship’s arrival at the port. The ceremony was attended by Chinese delegation and the federal minister for ports and shipping Kamran Michael.
According to sources, China Overseas Ports Holding Co (COPHC) will take care of all operations on the Gwadar port.
The shipping company has been given the lease of the port for 40 years on the 9% revenue.
China will export the shipments to Central Asia and the Middle East through the port.
Federal Minister for Ports and Shipping Kamran Michael, speaking at a ceremony organised at the Gwadar port, assured that the government is committed to develop the port area for the benefit of the local people.
The next ship will depart on 18th of this month carrying another shipment.
(TEXT AND VIDEO) 2-day Pakistan Property Show commences in Dubai on 20th October
EXCLUSIVE REPORT BY SANIA JAMALI IN DUBAI
DUBAI: World Trade Center’s Za’abeel Hall 5 here is the venue where 2-day Pakistan Property Show commenced today.
The event (that has been organized by Zameen.com, in association with EarthLink, Abad and others,) is meant to make Pakistan’s real estate visible globally attracting premium investment.
Overseas Pakistanis from UAE, Saudi Arabia, Oman, Kuwait, Qatar and Bahrain are taking keen interest in the expo.
Talking to Newspakistan.tv the organizers held that Pakistan Property Show 2017 would help strengthen the national exchequer by attracting medium to long-term direct investment.