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Chinese company launches most expensive ever campaign to promote Pakistan’s Gwadar in London

02:53 PM | 4 Mar, 2018
Chinese company launches most expensive ever campaign to promote Pakistan’s Gwadar in London
LONDON - A leading investment group has launched the most expensive, diverse and creative advertising campaign ever run outside of Pakistan to promote Gwadar as the investment destination and to invite attention towards the future hub of economic activity in the South Asian country.

A total of 100 iconic red double-decker buses in London, the capital city of England, are running across 17 routes, carrying a beautiful banner which reads “Gwadar: The Gateway to Emerging Pakistan”.

A port city in Balochistan province of Pakistan, Gwadar which is being built and developed with help from China under the China-Pakistan Economic Corridor (CPEC) project has the potential to rival Dubai.



The campaign, sponsored by China Pak Investments Corporation (CPIC), has the potential to reach or make an impact on at least 10 million people for the month-long duration it will be featured on London buses.

In an interview to a private TV channel, One Investments Limited Chief Operating Officer Stuart Reid said that the “red Gwadar buses” have been launched in Zone 1 of Central London, the heart of the world’s financial capital, and go out till Zone 4 to celebrate Gwadar.

“It’s our estimate that at least 10 million of the world’s most influential people will see these buses whilst parading the poshest localities of Central London from Oxford Street to Park Lane and Buckingham Palace to the Houses of Parliament and Lords in Westminster.



“We have put Pakistan and Gwadar on the highest platform in the most prime locality of London, the city with the world’s most billionaires, which sees over $5 trillion in daily financial transactions,” he told Geo News.

According to Reid, the aim of this campaign is to showcase Gwadar as the emerging trade hub of South Asia on the global platform.

Amongst the fastest growing economies in Asia, Pakistan is poised to become the 20th largest economy in the world by 2030.

China has committed $62 billion to the initiative under its One Belt One Road initiative to develop commercial logistics links with Europe to get access to a warm water port 350 miles from the Straits of Hormuz.

The writer is a member of the staff.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72

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