Gwadar to emerge as hub of industries: Prime Minister Kakar
Prime Minister Kakar stresses UAE investors to explore Pakistani market for new avenues
Caretaker Prime Minister Anwaar-ul-Haq Kakar has urged the UAE investors to explore the Pakistani market for new avenues and enhance economic and commercial ties with Pakistan.
ISLAMABAD ( Web News )
Caretaker Prime Minister Anwaar ul Haq Kakar inaugurated Pakistan-China Friendship Hospital and a seawater desalination plant in Gwadar on Monday.
Addressing a ceremony on the occasion, the Prime Minister expressed the confidence that the desalination plant will resolve water issue in Gwadar to a great extent. He was also appreciative of Chinese support for the construction of Pakistan-China Friendship Hospital.
The Prime Minister said Gwadar International Airport is also about to reach the operationalization phase. He directed that northern zone should be connected with the national grid to address the issue of electricity in Gwadar.
Anwaar ul Haq Kakar stated that improved connectivity under the China-Pakistan Economic Corridor (CPEC) has brought immense benefits. He emphasized that the development direction of Gwadar and Balochistan has been set and will now only move forward. He said nobody can reverse it through force or the use of violence.
The Prime Minister assured to ensure protection of Chinese nationals in Pakistan. He reaffirmed that the federal and provincial governments, armed forces and civil law enforcement agencies will not allow anybody to cause harm to the Chinese nationals. He said it is a matter of sensitive nature and we take it very seriously.
Anwaar ul Haq Kakar was confident that Gwadar will emerge as a hub of industries and trade connectivity as a result of longstanding Pakistan-China friendship.
The Prime Minister pointed out that different phrases such as all-weather friends and strategic cooperative partners, iron clad friendship, a friendship higher than Himalayas, deeper than ocean and sweeter than honey are used to describe the real spirit of Pakistan-China friendship.
In his address on the occasion, Chinese Ambassador to Pakistan Jiang Zaidong said our aim is to ensure timely completion of CPEC related projects. He said both the countries will take their relationship to new heights through collaborative efforts.
In an exclusive interview with Gulf Today, he said there are numerous investment opportunities available in Pakistan for UAE investors.
The Prime Minister said Pakistan enjoys a very historic, cultural and fraternal relationship with the UAE. The two countries could further enhance this cooperation in areas such as agriculture, energy, mining, IT, logistics and defence.
The Prime Minister said Pakistan is planning a comprehensive investment promotion strategy in major countries including the UAE. Pakistan Investment Road Show, organized by the Special Investment Facilitation Council (SIFC) in Dubai, attracted a large number of global businessmen and investors. He said the officials of SIFC held extensive engagements with global investors, highlighting immense potential and investment opportunities in Pakistan. He said utilizing the platform, 30 Pakistani firms presented their project proposals and growth strategies encompassing various domains including Agriculture, IT and Energy.
Responding to a question, Anwaar ul Haq Kakar said Pakistan wholeheartedly appreciates the efforts of the UAE government in hosting the COP28.
Alluding to the challenge posed by climate change, he said all affected countries urgently need to shift to Climate Adaptation. He asserted that this decade is decisive for climate action. Failure to act immediately will lead to worse devastation on an unprecedented scale. He said implementing the commitments is essential for which framing the means of implementation is pivotal.
He said we need to adopt a framework which is based on fast track energy transition and agreement on climate finance goal. He said the developing countries require around 2.4 trillion dollars in annual investment by 2030 focusing on adaptation, resilience and mitigating loss and damage.