Gwadar Is Expected To Become A Regional Logistics Center Within Five Years ISLAMABAD, Pakistan: Gwadar will be a logistic center in the area in the next five years, playing a vital role in developing Pakistan's national economy, said Zhang Baozhong, Chairman of China Overseas Port Holding Company, while assessing the project's five-year trip. Zhang Baozhong, Chairman of China Overseas Port Holding...
In a major development, Pakistan is going to consider another major route connecting China under the China-Pakistan Economic Corridor (CPEC). The new route would be around 350km shorter than the existing routes via the Khunjerab pass. According to documents available, authorities asked the Gilgit-Baltistan’s Works Department to prepare the ‘concept clearance proposal’ for the new route of CPEC. This...