Federal Minister for Industries and Production Mian Manzoor Ahmed Wattoo Sunday said that Gwadar Port would be converted into Export Processing Zone (EPZ).
Chairing a high-level meeting on development of Gwadar Port, the minister said recommendations of the cabinet committee would shortly be sent to Prime Minister Syed Yousuf Raza Gilani and Economic Co-ordination Committee for approval of the development projects for Gwadar and Balochistan.
Chief Minister of Balochistan Nawab Aslam Raeesani, Federal Secretary Industries Shahab Khawaja, Additional Chief Secretary Balochistan, Chairman Export Processing Zone and senior officers of Gwadar Port also attended the meeting.
Mian Manzoor Ahmed Wattoo said that Gwadar Port would be the biggest port of the country where heavy ships will also be entertained. He said this port would also be used for the import and export activities of Middle East, China and UAE while it also be used for trans-shipment of goods for various countries. He further said that according to Gwadar Master Plan the area of the port is 90,000 acres.
He said President Asif Ali Zardari and Prime Minister Syed Yousuf Raza Gilani and federal government are preparing various development plans for the betterment of people of Balochistan. Wattoo said in future, the Gwadar Port would be one of the best ports of the world.
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