Trade activities at Gwadar Port are experiencing an upswing, propelled by strategic initiatives from the Special Investment Facilitation Council (SIFC).
The Economic Coordination Committee has greenlit the export of potassium sulfate fertilizer by AGVEN Private Limited, a key player in the Gwadar Free Zone. This approval is poised to kickstart exports and bolster investor confidence in the region. AGVEN’s exports are projected to hit seven million dollars this year, representing a significant stride towards economic stability.
With SIFC’s backing, the Gwadar Free Zone benefits from an exemption from the Export Policy Order, paving the way for the advancement of export-centric enterprises. In addition to fertilizer exports, the Free Zone holds promising opportunities for investment in industries such as leather and mineral processing, further enhancing its appeal to investors.
In the broader market, indices such as KSE30, KSE100, and KSEALLSHR are under the spotlight, reflecting the dynamic economic environment. The KMI30 and KMIALLSHR indices are also drawing attention, alongside sector-specific indices like BKTI and OGTI.
Market turnover, traded value, and capitalization are crucial metrics being observed, as stakeholders keep a close watch on the evolving market conditions. The developments in Gwadar are expected to have a ripple effect across these indices and market activities, highlighting the port’s growing significance in the national economic landscape.