Does this indicate Barrick Gold would back a rail line from Reko-Diq to Gwadar. This could be the project to make Gwadar a viable port ASAP. A rail line from Reko-Diq to Gwadar and across to Karachi could connect Karachi based business to Gwadar, and able to utilized the underused capacity at the port to export, especially to Gulf customers.
Turkish, Saudi investors visit Gwadar Free ZoneGWADAR, Jan 19 (Gwadar Pro) – In a major development, Turkey and Saudi Arabia are mulling significangwadarpro.pk
Turkish, Saudi investors visit Gwadar Free Zone
By Yasir Habib Khan | Gwadar Pro Jan 19, 2023
GWADAR, Jan 19 (Gwadar Pro) – In a major development, Turkey and Saudi Arabia are mulling significant investments in the Gwadar Free Zone (North) with a magnitude of incentives as well as conducive business and trade activities in 2023.
GPA official told Gwadar Pro that a representative of Turkish multinational corporation Nysan is visiting Gwadar Port on 18th January (Wednesday) with an objective to seek commerce & trade opportunities and potentials of establishing a warehouse in the Free Zone.
Nysan Industrial Technology Group is a leading brand from Turkey operating globally. The Nysan Group deals in tyres, lead acid batteries, auto spare parts, CNC robotic machinery, lubricants and filters. Gwadar port which serves the primary purpose of transhipment offers lucrative prospects to potential investors.
Another group consisting of senior office bearers of the Pakistan-Saudi Business Chamber, Lahore chamber and Pakistan Transport Council are also visiting on Wednesday. Their main purpose of the visit is to explore the sound viability of joint ventures in a wide range of businesses including petrochemical.
GPA official said that Gwadar has many charms as it offers enormous business opportunities for both local and foreign Potential Investors. “The key industries suited Gwadar include port-centred service industries such as fishery, petrochemical industry, tourism, trade logistics and port-centred processing and manufacturing industries such as assembling of oil storage, refining, transport equipment, ship breaking, food & building materials processing, home appliances manufacturing electronics and Information industry,” he added.
Recently many foreign diplomats visited Gwadar including German ambassador in Pakistan Alfred Grannas, Karachi German Consulate Consul General Dr Rüdiger Lotz. Meanwhile British Deputy High Commissioner and Director Trade for Pakistan Sarah Mooney also paid a 2-day visit to Gwadar. She also interacted with traders and members of the Gwadar Chamber of Commerce and Industry, praising Gwadar's development model. Last year in September a team of Canada’s Barrick Gold Corporation, headed by Michael Peter Nelson, arrived in Gwadar and showed an interest in making investments in the import and export of different minerals in the port city.
Nothing concrete so far from what I know, but can be a possibility in the future.Does this indicate Barrick Gold would back a rail line from Reko-Diq to Gwadar. This could be the project to make Gwadar a viable port ASAP. A rail line from Reko-Diq to Gwadar and across to Karachi could connect Karachi based business to Gwadar, and able to utilized the underused capacity at the port to export, especially to Gulf customers.
With a rail route from gwadar to Deko-Diq, it would connect to the line going to Quetta. An extension of the Quetta line to Herat would link to the Turkmenistan rail network and the route to Turkey via the Caspian, Azerbaijan and Georgia. The shortest potential rail route around Iran. A project that the Saudis should back to counter Iranian influence in Central Asia. and now that Turkey and Saudi are mending ties, a project the two could work on together with Pakistan, Afghanistan and Central Asian countries. With both Turkey and Saudi looking to diversify their economies, accessing the Afghan Lithium mines with the shortest routes to their respective countries while cutting out Iran makes the most sense.
Now that the terms of the Reko-Diq contract are being renegotiated, its development should act as a loss leader in other industries; railways, mining technology, mineral exploration technology, mineral development industries, etc.Nothing concrete so far from what I know, but can be a possibility in the future.
Indians are certainly going to contact their puppets this day - whether it's a direct attempted attack or within the vicinity.,..,.,
Chinese President Xi to inaugurate Gwadar airport soon, says Alauddin MarriJanuary 29, 2023
Chinese President Xi Jinping will inaugurate Gwadar’s strategic airport during his upcoming visit to Pakistan as the port city is the future business hub, announced Balochistan’s former caretaker chief minister and prominent businessman Alauddin Marri.
During a visit to Islamabad Chamber of Commerce and Industry (ICCI), Marri said that the coastal areas of Balochistan including Gwadar, Turbat and Makran had not yet been connected with the national grid but soon 100 megawatts of electricity would be supplied to those areas from Iran.
He pointed out that the strategic facilities of Gwadar were offering huge business opportunities to both local and foreign investors in many sectors which included different services, fisheries, petrochemical, tourism, trade logistics, oil storage, refining, transport equipment, ship-breaking, food, building material, home appliances, electronics and IT.
“It is a good opportunity for investors to move to Gwadar and take advantage of its economic potential,” Marri remarked and invited an ICCI delegation to visit the port city to explore business and investment opportunities.
Speaking on the occasion, ICCI President Ahsan Zafar Bakhtawari assured Marri that ICCI would take a delegation to Balochistan to meet with the chief minister, governor and Quetta corps commander to explore the business opportunities in Gwadar. “The pace of all development works in Gwadar including the Special Economic Zone and other required infrastructure should be expedited so that business and investment activities could be kicked off,” he emphasised.