The Frontier Works Organisation (FWO) and foreign investors have estimated an investment of $10 billion in laying a crude oil pipeline from Gwadar to Kashgar that will have a transmission capacity of one million barrels per day.

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Zong 4G network has launched its operations in the port city of Gwadar to cater to the increasing requirements of connectivity under the China-Pakistan Economic Corridor (CPEC).

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The China-Pakistan Economic Corridor (CPEC) is transforming the economic dynamics of the country with projects in energy, infrastructure and industrial cooperation being developed at a fast pace. These projects have helped in the urbanization of the areas undergoing development, resulting in a number of jobs for the local youth. CPEC also constitutes welfare projects which have formed an inclusive environment for the people of Pakistan to participate in.

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 31 Projects Proposed.

Gwadar is going to be the hub of all activities under the China-Pakistan Economic Corridor (CPEC), making the development of the port a top priority. Therefore, 31 projects have been proposed which include a water desalination plant, export processing zone, establishment of a research institute for CPEC and Gwadar Airport. The Gwadar Airport is predicted to be the largest airport in Pakistan, with an area of 4,300 acres. With the current fast-paced progress under CPEC, it is imperative that Gwadar becomes one of the most developed cities of the country.

 

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Gwadar, labeled as the hub of the China-Pakistan Economic Corridor (CPEC), is undergoing significant developments in its path to become one of the largest and busiest ports in the world. The Ministry of Planning, Development, and Reform has informed the Senate Standing Committee for Planning and Development that Rs. 300 million was to be allocated for the launch of Gwadar Institute, which will serve as the primary center of research on CPEC. The officials of the Ministry further highlighted the importance of the city and said that more steps will be taken for its urbanization.

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In recent developments, Central Asian Republics have started taking interest in the China-Pakistan Economic Corridor (CPEC), citing ample opportunities the countries can avail through the $62 billion mega project. Speaking at a seminar "China-Pakistan Economic Corridor-Opportunities for Central Asian Republics", ambassadors of Kazakhstan and Kyrgyz Republic talked about China's strategic importance in the region and its efforts to launch the Belt and Road Initiative (BRI). They also talked about the role the republics can play for the region's peace and prosperity.

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Russia has started to take Pakistan seriously, with military equipment trade taking place heavily among the two countries. 

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The Road To Success for Pakistani People CPEC and Special-Economic Zones

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A new road will soon connect the port to the Makran Coastal Highway, which links Gwadar to Karachi. Gwadar’s new airport will be Pakistan’s largest when it is finished.

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Over a decade now, Pakistan officials have dreamed of changing the strategically located fishing port of Gwadar into a duty-free port and free economic zone – Pakistan’s answer to Dubai.

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Gwadar is the terminus of the CPEC, a network of roads, energy projects, and industrial developments linking western China down the length of Pakistan to the Arabian Sea, a flagship of China’s Belt and Road initiative.

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Under China Pakistan Economic Corridor (CPEC), some railway stations located within the jurisdiction of Bahawalpur district will get up-gradation as a team of Chinese engineers conducted the survey of Chani Goth Railway Station.

 

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Islamabad: The Chinese Ambassador, Mr. H.E. Yao Jing, shared the details of the Prime Minister of Pakistan Shahid Khaqan Abbasi’s visit to China of the recently conducted Boao Forum. Speaking to a select group of media personnel and think-tanks at the Chinese Embassy, Mr. Jing shared key insights of the meeting between Mr. Abbasi and the Chinese President Mr. Xi Jinping.

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Gwadar International Airport, which will be capable of handling the largest of passenger planes including the Airbus A380 Boeing jet, is being constructed at a cost of US$ 260 million at Gwadar, Balochistan province. The amount for the airport is a full grant from the Chinese government, the Parliamentary Committee on China-Pakistan Economic Corridor (CPEC).

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The Zone has especially been designed to take advantage of Balochistan’s rich fishery and mineral resources by developing relevant industries for overseas market and light industry for domestic consumption. The free zone is spread over 923 hectares of land and will be developed in four phases.

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Boao proposals supported build consensus in Asia, strengthen cooperation, support economic globalization and advanced framework of an alliance, with a shared future for mankind. said President Xi Jinping while highlighting the significance of the Boao Forum for Asia (BFA).

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Prime Minister Shahid Khaqan Abbasi said that One-Belt One-Road will connect Asia to the West. In an interview with People’s Daily, the PM said that the Gwadar port, airport and road networks will give West China and Central Asian states access to warm waters. PM further remarked that CPEC will enhance Pakistan’s connectivity not only with China but with Central and South Asia. He said it will expand bilateral and regional trade, promote economic integration and foster economic development.

 

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An Expo on China-Pakistan Economic Corridor (CPEC) is to be held in Lahore in May. Addressing audience at an event, Deputy Chief of Mission at Chinese Embassy and focal person for China-Pakistan Economic Corridor (CPEC) Lijian Zhao termed the expo as a launching pad for greater business and trade opportunities saying it will attract huge investment in the country.Expo on CPEC to be held in Lahore: Lijian

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Work on two mega projects under the China-Pakistan Economic Corridor (CPEC) has entered the last stage of completion. The projects include Thakot-Havalian motorway (120 km) and Suki Kinari Hydropower Project (870 MW). An officer has told media that work on Thakot-Havelian project has been expedited and will be completed in two years’ time. Commenting on the hydropower project, he said that the work is in progress in full swing and will be completed ahead of time.

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China's COSCO starts a container shipping line at Gwadar Port on every Wednesday from March 7 2018 onwards.

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Gwadar Port: Commercial shipping has started today, every Wednesday is said to be declared to send service to Jabel Ali, Dubai.

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LONDON: A leading investment group has launched 100 iconic business in the metropolis to promote Gwadar as the investment destination and to invite attention towards the future hub of economic activity in Pakistan.

 

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MULTI-billion China-Pakistan Economic Corridor (CPEC) has entered the second phase which will see increased industrialization in the country. Since the inception of the project, certain doubts and aspersions were created on the mega project including by some foreign elements inimical to it but it is a matter of satisfaction that there now exists a complete consensus on the execution of the project dubbed a game changer not only for Pakistan but the entire region.

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Federal Minister for Interior, Development, and Reforms Ahsan Iqbal while addressing a conference titled: ‘CPEC-Myths and Realities’ at the Institute of Chartered Accountants of Pakistan (ICAP) said that the global powers now consider Pakistan as an emerging economy. He said that Pakistan is no longer considered a place of danger in the eyes of the world media and this unique opportunity to take off was given to Pakistan due to CPEC and its investment. He said that CPEC can play a huge role in Pakistan's economic progress and will lead to the development of infrastructure in the country, paving the way for connectivity with various Asian economies.

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Bostan Industrial Estate has been declared an economic zone to be made part of the China-Pakistan Economic Corridor (CPEC) by Balochistan Government. The Chief Minister, Mir Abdul Quddus Bizenjo, directed the officials to extend basic infrastructure and other required facilities to investors and industrialists on an emergency basis in the economic zone. It was further decided that work would also be completed on the other proposed economic zones soon.

 

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QUETTA: Balochistan Chief Minister (CM) Abdul Quddus Bizenjo said that in the form of CPEC, Balochistan has got an important opportunity for development, opening new avenues of investment, trade, and business for the whole country.

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ISLAMABAD: 

The National Highway Authority (NHA) has planned to construct a 200-kilometer road from Nokundi in Chagai district of Balochistan on Iran border to Panjgoor for providing a link to Gwadar Port, an official of NHA told APP on Monday.

He said the NHA has issued a tender for hiring consultancy services for the feasibility study and detailed design for construction of Nokundi-Mashkhel-Panjgoor Road.

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URUMQI: 

The first batch of seafood imported directly from Pakistan has arrived in Urumqi, the capital of Xinjiang Uygur autonomous region.

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  • Ambassador Aizaz Ahmad says CPEC has the potential of bringing economic benefits to both countries and the region for decades.

WASHINGTON - Federal Minister for Interior, Planning, Development and Reforms Ahsan Iqbal has said that China-Pakistan Economic Corridor (CPEC) will usher in a new era of development, not in Pakistan but the entire region.

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ISLAMABAD - Progress on all projects under China Pakistan Economic Corridor (CPEC) including up-gradation of Main Line-1 (ML) railway track is going smoothly and without any delay, Project Director (PD) of CPEC, Hassan Daud Butt Thursday said.

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Provincial Minister for Forest and Wildlife Syed Agha Raza on Thursday said that CPEC project is a game changer in the region, opening new avenues of multi-investment not only for Balochistan but for the whole country

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ISLAMABAD: The early harvest projects under China Pakistan Economic Corridor (CPEC) have created more than 30,000 direct jobs for Pakistanis while the mid-term and long-term projects under CPEC are poised to create hundreds of thousand employment opportunities in the country.

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GWADAR: State Minister for Ports and Shipping Chaudhry Jaffer Iqbal on Monday said a new berth would be constructed at Gwadar port within one year, providing a larger anchoring space to accommodate three additional big ships.

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Pakistan and China jointly organized the first international exhibition to showcase the significance of the Gwadar Port and its economic free zone as an emerging global business hub. After Successful Gwadar Expo 2018, development chances have increased to an extensive level.

Due to new developments, we are proud to announce our New Revised Polt Rates as below:

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QUETTA: 

The Higher Education Commission (HEC) unit of China-Pakistan Economic Corridor (CPEC) held a special consultative meeting to review the ongoing government university and educational city projects in Gwadar.

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Gwadar Free Trade Zone projects under the China-Pakistan Economic Corridor (CPEC) could be listed at the Pakistan Stock Exchange (PSX) to help the Chinese investors raise funds. In this regard, PSX and China Overseas Port Holding Company Pakistan (COPHC) officials signed a Memorandum of Understanding (MoU) at the first Gwadar Expo.

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GWADAR: Pakistan and China on Monday inked five Agreements and a Memorandum of Understanding for strengthening collaboration between Gwadar and the Chinese port cities.

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Prime Minister Shahid Khaqan Abbasi on Monday inaugurated free trade zone and first International Gwadar Expo in Gwadar.

During the two-day expo, foreign personalities, members of the diplomatic community and businessmen from across the globe would take part. The expo is being jointly organized by Gwadar Development Authority and China Overseas Ports Holding Company.

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Many critics of the $46 billion China-Pakistan Economic Corridor (CPEC) have expressed concerns over the loan burden that CPEC will leave on Pakistan. This propaganda has been floated in media by anti-CPEC forces in the west. Out of the $46 billion, $ 35 billion is allocated to energy projects and these projects are being conducted under the energy policy of the 1990s for the Private Power Producers (IPPs). According to this arrangement, $35 billion is not a loan but investment. The remaining $ 11 billion are concessional loans, of which the interest rate does not go beyond 2 percent; Pakistan will not pay more than $ 250 million. Pakistan will have to pay back the loan over a period of 25 years. How can this be a burden for Pakistan?

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KARACHI: 

Pakistan could see an industrialization wave in the coming months through the addition of production and manufacturing units including mobile and laptop assembly plants from China, stated the central bank in its quarterly report on the state of the economy.

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QUETTA: 

Federal Minister for Ports and Shipping Mir Hasil Khan Bizenjo inaugurated a desalination plant on Monday installed at the Gwadar port by China Overseas Port Holding Company for supplying drinking water to the people in the port city.

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Interior Minister Ahsan Iqbal instructed all concerned departments on Tuesday to resolve Gwadar’s war and power supply issues.

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ISLAMABAD: Pakistan Railways is focussing on connecting Gwadar Port with railways network and establishing a new dry port at Havelian to generate revenues.

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KARACHI: Gwadar port will start its full commercial operation from next month as all the development works have been completed, the maritime minister said on Monday.

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QUETTA:  Bank of China, along with other national and international banks, will soon be opening branches in the port city of Gwadar, revealed Chairman Gwadar Port Authority (GPA), Dostain Khan Jamaldini, on Thursday.

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According to the plans of Gwadar Development Authority, the Gwadar City Master Plan is going to develop the city into a smart and self-sufficient growing city. The port of Gwadar which has only 3 operational berths at the moment is planned to have around 150 operational berths by 2045.

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Gwadar which is Pakistan’s third deep-sea port was under Oman’s rule until it was purchased in 1958 at a cost of US$3 million.  Then in 1993 after extensive feasibility studies, it was concluded that Gwadar has the potential to be a massive deep-sea port.

 

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Gwadar is a city which has immense significance strategically and has a lot of potential for economic prosperity. The latest venture known as CPEC has made the city a perfect place to provide various opportunities to local and global investors in diverse areas.

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Gwadar is a developing city which will have a huge impact on a global scale, once this mega city is developed. The city already had geo-strategic and geopolitical importance, and now with the combined efforts of China and Pakistan, Gwadar will emerge as a vital and a key trade player in international trading.

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Pakistan’s third deep-sea port Gwadar’s unique location gives it tremendous significance in the region and when the CPEC project is finally complete the value of Gwadar will increase even more in the field of the finance, business, and commercial activity.

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The Government of Pakistan has made it clear that they will stop at nothing in unlocking the enormous potential of the country’s largest deep-sea port, better known as Gwadar.

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Gwadar, the city of boundless opportunity, remained as an untouched treasure throughout Pakistan’s history. Then in the last 10 years, the country finally decided to utilize and build up this highly potential city.

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Pakistan is in the process to become a noteworthy trading and financial center point, in the district and the majority of this is conceivable on account of the city Gwadar. The city is brimming with job opportunities and is ascending to be one of the real urban areas of Pakistan. The main two reasons for this economic prosperity are the China-Pakistan Economic Corridor (CPEC) and the deep-sea port of Gwadar.

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Pakistan’s next major port city Gwadar is paving its way to become the economic powerhouse of not only the country but the entire region. The two major aspects contributing to the success of Gwadar are its port and the recently started CPEC initiative, China has invested a total of $47 billion in the CPEC initiative.

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About just a decade ago, when the plan to build and develop a deep sea port at Gwadar was announced, investors immediately saw it as a very profitable market and a golden opportunity for Real Estate investment. 

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Gwadar, the future city of opportunities, is something that every citizen of Pakistan is probably aware of. There are many reasons as to why suddenly Gwadar is the talk of the town.

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Pakistan is in the transition to become a major trade and economic hub, in the region and all of this is possible because of the city Gwadar. The city is full of opportunities and is rising to be one of the major cities of Pakistan. 

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When nearly a decade ago, the development of Gwadar port was announced and then investors saw it has an opportunity to cash-in as seemed to be a highly lucrative market.

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Pakistan’s port city known as Gwadar resides as the focal point of the whole CPEC project, it will transform from simple fishing village, to the country’s most important and financial center.

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Baluchistan previously a very underdeveloped province of Pakistan, is now finally getting the attention it deserved. The largest province of the country now going through rapid development and is being developed in terms of infrastructure, facilities and resources.

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The city of Gwadar being regarded as now the crown jewel of Pakistan, and there is nothing surprising about that. After being handed to the Chinese, there has been immense development in the region.

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In the last two decades Pakistan’s property has been following an uphill trend, and has been steadily rising. Now having a population of nearly 200 million people, Pakistan’s next goal should be expanding its economic activity, decentralize it from the major cities: Karachi, Lahore and Islamabad, and exploring other potential cities such as Gwadar. 

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The Gateway of winds, the literal meaning of the city known as Gwadar staying true to its name when it provided Pakistan with a wind of opportunities. Projects in infrastructure, energy and trade are bringing a huge industrial change.

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Since the advent of China-Pakistan Economic Corridor (CPEC) and the decision to make Gwadar a deep-sea port, things have never been better for this city. These ventures set Gwadar on a course of economic development and improvement of infrastructure.

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Pakistan is on the road to become a key player in trade by sea. Analysts have projected with the start of various economically beneficial projects and Pakistan has the potential to be a major maritime power, as CPEC is opening doors of opportunities and will give a significant boost to Pakistan’s trade.

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With all the endeavors and business starting up in Gwadar, it was expected that the price of land in Gwadar was going to rise. Going through development at such a fast pace, the city is becoming an economical hub and is attracting investors from all over the place.

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The city of Gwadar, which has the literal meaning “The Gateway of Wind”, stays true to it’s name, that ever since it’s inception it has provided a wind of opportunities in business, investments, trading etc. The decision of making Gwadar a deep-water port was bound to give it a very unique strategic value, opening the doors towards many opportunities.

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Top Categories


Recent Posts

Posted on 21st May 2018 22:07:59

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Posted on 11th Apr 2018 12:34:46

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Posted on 24th Feb 2018 13:24:56

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Posted on 24th Feb 2018 12:58:09

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Posted on 13th Feb 2018 07:53:38

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Posted on 12th Feb 2018 08:37:07

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Posted on 12th Feb 2018 08:32:53

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Posted on 12th Feb 2018 08:26:45

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Posted on 12th Feb 2018 08:22:11

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Posted on 8th Feb 2018 07:51:46

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Posted on 7th Feb 2018 13:44:26

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Posted on 29th Jan 2018 13:12:46

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Posted on 29th Jan 2018 10:34:37

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Posted on 23rd Jan 2018 09:55:38

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Posted on 4th Jan 2018 11:38:07

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Posted on 27th Dec 2017 10:23:27

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