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Karamay enterprises to invest in Gwadar

By Shi Zihan and Wang Xiang

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Five Karamay enterprises finished their eight-day visit to Pakistan's Gwadar recently and are expected to invest there, according to Karamay's publicity department.

The five enterprises and Gwardar reached initial cooperation agreements in hotel construction and management, concrete supply, sale of building materials, agricultural planting technology services, and marine products trade.

Gwardar, located near the Strait of Hormuz, is a superior deep-water port. Karamay city in Xinjiang Uygur autonomous region and Gwardar have been sister cities since April 21, 2015.

Edited by Peter Nordlinger