The Chinese Hangeng Agriculture group is set to export thirty containers of pharmaceutical raw materials from Gwadar Port to China this month.
These materials, sourced from South America and Africa, will undergo processing at the company’s Gwadar industrial park before export. This export is part of the company’s engagement with the Belt and Road Initiative (BRI) and the China-Pakistan Economic Corridor (CPEC), with plans to increase exports to 150 containers per month by the end of the year. The company, specializing in aloe vera cultivation, agriculture product processing, and animal husbandry, has established processing units in Gwadar Free Zones, aiming to involve locals in technical education and operations.
The CEO expressed optimism about their prospects in Gwadar and highlighted the interest of Chinese investors in successful projects within the CPEC framework.
Thirty containers carrying pharmaceutical raw material will be exported to China from Gwadar Port this month. The material imported from South America and Africa will be exported by the Chinese Hangeng Agriculture group after being processed at the company’s industrial park in Gwadar.
Talking to Gwadar Pro, the company’s CEO Andy Liao said that previously they were exporting 30 containers of pharmaceutical raw material to China, now adding these there will be a total export of 60 containers every month. “We participate actively to engage with BRI and CPEC. Our plan is to increase the export to 150 containers per month by the end of this year,” he added. The agricultural Group specialized in planting aloe vera, processing and exporting of agriculture products as well as animal husbandry has already established its processing unit in Gwadar South Free Zone and an under-construction factory in the North Free Zone. Liao was optimistic about their future in Gwadar.
He emphasized that they want the locals to get technical education so that they can help investors working in Gwadar, adding that the factory and the processing unit in the free zone are all run by local staff in Gwadar. “Chinese investors look closely at the successful projects in Gwadar, particularly those involved in CPEC and related fields,” the company head added.
