China Overseas Ports Holding Company Pakistan

The Securities and Exchange Commission of Pakistan (SECP) has signed a Memorandum of Understanding (MOU) with China Overseas Holding Corporation Pakistan (Private) Limited (COPHC) to set up a facilitation Centre in Gwadar Free Zone and extend its assistance. For investors doing business in Pakistan.

Business Initiatives and Consultative:

The Gwadar Ports and Free Zones Conference China Overseas Ports Holding Company . Business Initiatives and Consultative Seminar held here on Friday was attended by Minister for Ports and Federal Shipping Mir Hasan Khan Bizenjo. The main purpose of the MoU is to facilitate coordination and cooperation between the two entities through the establishment of a Facilitation Center by SECP. The Center acts as a bridge between the registered office of the SECP and potential investors in matters relating to registration. Company overview and post-incorporation activities in Pakistan.

SECP implemented:

Additional SECP Registrar Sidney Pereira and COPHC President Zhong Bao Zhong signed the MOU. The signing ceremony was attended by Mr. Bizengo, Mr. Dostin Khan Jamaludini Jawader, Chairman of the Ports Authority, Mr. Mo Yongping, Deputy Consul General of China in Karachi, and Mr. Khalid Pervez, Minister of Ports and Shipping. SECP implemented a number of sweeping reforms and encouraged incorporation. This means significant reductions in registration fees, provision of free certified copies, proposal for company incorporation within one day, reduced express registration time from 4 hours to just 2 hours, and online transfers of money, credit cards and from NIFT. Electronic fees for issuing digital signatures.

Development and operation of the Gwadar:

On this occasion, the guests confirmed that COPHC is the concessionaire of the Gwadar Port, participating in the construction, development and operation of the Gwadar Port and the Gwadar Free Zone. The government ceded 637 acres of land to the free zone. The area will be developed in phases, starting with modern centers and complete infrastructure including roads, sewage, water treatment and supply, electricity, gas and communications. Networking, storage facilities, compact offices, compact light industrial units and developed parcels will be offered to potential investors.

China Overseas Ports Holding Company

Gwadar Marine Services Ltd:

From external moorings to inland channels, from driving to mooring and providing full marine support, we always make use of our wealth of knowledge and experience to ensure a satisfactory mooring solution. The GMSL team has the knowledge and skills to supervise docking and related operations.

Gwadar International Terminal Ltd:

Inspiring maritime excellence, Gwadar Port is located approximately 533km from Karachi, 120km from the Iranian border and 380km northeast of Oman across the Arabian Sea. Gwadar Port is located at the mouth of the Gulf, just outside the Strait of Hormuz, bordering major shipping lanes in and out of the Persian Gulf.

Gwadar Free Zone Company Limited:

The modern free zone will be built on reclaimed land in the northern port (within the port area). Covering an area of ​​923 hectares, the new project allows for improved transport flows with permanent tax and customs exemptions. The Gwadar Free Zone will be designed to meet the unique needs of manufacturing and commerce.

COPHC Gwadar International Terminal:

COPHC Pakistan is a subsidiary of COPHC, a fast growing startup based in Hong Kong. Registered regional office in Pakistan. COPHC, China Overseas Port Holding Company Limited, assumed control of the recently developed Gwadar Port and Free Zone on May 16, 2013 (under the concession agreement) for a period of 40 years. The company aims to develop the most strategic port in the region into a Centre of sea trade for the entire landlocked Central Asian region, including Pakistan in particular.

Read more: Gwadar Today

Location: Lahore, Punjab, Pakistan

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