Seven nations including Saudi Arabia, UAE pledge support for development of Pakistani port city 

Chairman Gwadar Port Authority Naseer Khan Kashani (sixth from right) briefs the ambassadors of various countries and senior Journalists regarding developments carried out in Gwadar Port in Gwadar, Pakistan on July 6, 2021. (Photo courtesy: UAE Embassay)
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Updated 07 July 2021
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Seven nations including Saudi Arabia, UAE pledge support for development of Pakistani port city 

  • Gwadar forms southern Pakistan hub of $62-billion China-Pakistan Economic Corridor of infrastructure and energy projects
  • During 2019 visit to Pakistan, Saudi crown prince announced a $10 billion Aramco oil refinery project for Gwadar

ISLAMABAD: Saudi Arabia, Kuwait, Oman, the United Arab Emirates, Egypt, Kenya and Qatar on Monday pledged to support the development of Pakistan’s southwestern port city of Gwadar, state news agency APP has reported.
Gwadar forms the southern Pakistan hub of a $62-billion China-Pakistan Economic Corridor (CPEC) of infrastructure and energy projects Beijing announced in 2014.
On Monday, ambassadors from friendly nations visited Gwadar, accompanying Prime Minister Imran Khan on a daylong visit to inaugurate various projects, including the North Gwadar Free Zone, Gwadar Expo Center and Henan Agricultural Industrial Park. The PM also inaugurated three factories and witnessed the signing of agreements for solarization and desalination plants to resolve Gwadar’s water and electricity shortage problems.
“Seven regional countries including Saudi Arabia, Kuwait, Oman, United Arab Emirates, Egypt, Kenya and Qatar on Monday expressed their commitment for cooperation on the development of Gwadar,” APP reported. “With their respective ambassadors present at a ceremony attended by Prime Minister Imran Khan, the regional countries showed their support for the development of Pakistan’s port city.”
During a 2019 visit to Pakistan by Saudi Crown Prince Mohammed bin Salman, Saudi Arabia and Pakistan signed seven investment deals worth $21 billion, including for a $10 billion Aramco oil refinery project in Gwadar.