Gwadar Port expansion to boost growth

Plan shows how BRI delivers tangible benefits in Asia and beyond: Analysts

Pakistan's decision to expand operations at Gwadar Port marks a milestone that will inject fresh momentum into growth, prosperity and cooperation in the region while enhancing the scope and connectivity of the China-Pakistan Economic Corridor, or CPEC, analysts said.

Pakistan's Ministry of Maritime Affairs unveiled plans last week to expand operations at the port by establishing new shipping lines and introducing a ferry service to the Gulf Cooperation Council countries.

Muhammad Junaid Anwar Chaudhry, the minister who chaired a meeting on July 1, said the initiative is part of a broader plan to boost regional connectivity, enhance Pakistan's maritime trade and develop Gwadar into a major transshipment and logistics hub in the Arabian Sea, according to an official statement.