Hutchison Port plans to invest in Gwadar

Islamabad: Hutchison Port Holding plans to increase its investment in Pakistan, possibly in the Gwader seaport project which, the group's Chief Executive, J E Meredith, said has the potential to become regional hub for trade.

He said that Pakistan is in his group's regional focus because of its geo-strategic location and investment-friendly polices.

Hutchison Port Holding, which operates in 44 countries around the world and is already working in Pakistan.

It has plans to invest more in the ports sector, possibly by way of joint venture on public-private partnership basis, he said.