Bakhtiar calls for investor-friendly regulations in Gwadar

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‘Gwadar will be a green, clean and environment-friendly city’

Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar on Monday called for the provision of basic facilities to uplift Gwadar.

He was chairing a meeting in the federal capital to review progress made on the Gwadar Master Plan project. The Gwadar Development Authority director general briefed the meeting about the master plan. It was decided that Gwadar would be made a green, clean and environment-friendly city.

The minister instructed the authorities to initiate the process of preparing investor-friendly regulations in order to attract maximum investment in the port city.

“Heavy industries should be constructed far away from the city,” Bakhtiar stressed, adding that professional approach would be adopted while developing Gwadar as a state-of-the-art town.

Last week, Saudi Minister of Energy, Industry and Mineral Resources Khalid bin Abdulaziz Al-Falih arrived in Gwadar to inspect the oil refinery site.

“A state-of-the-art oil refinery in Gwadar will be launched with the Saudi investment,” Petroleum Minister Ghulam Sarwar Khan had stated. “The project will be the biggest investment by Saudi Arabia in Pakistan.”

A memorandum of understanding (MoU) with regard to the project would be signed during the upcoming visit of Saudi Crown Prince Mohammad bin Salman in February, he added.

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