Gwadar Port: Collaboration Opportunities Between Pakistan and Hong Kong in IT and Construction
Strategic Insights on Gwadar Port and IT Talent
As the Pakistani consul general, Riaz Ahmed Shaikh, noted, Gwadar Port presents not only a vital artery for trade but also a bridge for collaboration between Pakistan and Hong Kong. With Pakistan producing around 25,000 IT graduates annually, there lies an opportunity for Hong Kong to tap into this rich talent pool effectively.
Investment and Construction Labour Opportunities
Hong Kong manufacturers are encouraged to view Pakistan as an alternative production base, especially amidst rising import duties affecting Chinese goods, including electric vehicles. The lower labour costs in Pakistan make it an enticing option for construction-related ventures.
Emphasizing Renewable Energies and Logistics
Moreover, Shaikh highlights a growing interest in renewable energies and logistics, areas where Hong Kong's companies can play pivotal roles. The involvement of Hutchison Ports in Pakistan since 1998 showcases the long-standing commitment to the region.
Challenges and Future Potential of Gwadar Port
Despite facing construction delays and security challenges, the operational aspects of Gwadar Port demonstrate its potential. Shaikh insists that things are moving forward with ongoing activity and transit cargo being managed, indicating a promising future for this pivotal project.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.