Islamabad, October 22: In a historic development, the first shipment was scheduled to start from Gwadar Free Zone commissioning the web-based customs clearance system (WeBOC) on Saturday, October 22.
According to Gwadar Pro, the development made a big splash after the successful launch of the web-based customs clearance system in Gwadar Free Zone. Earlier this week, FBR issued the Operator ID to Gwadar Free Zone Company, transforming the traditional custom into a modernized WeBOC.
In view of the new digital online customer clearance system, all entry and exit of shipments in Gwadar Free Zone will be done using WeBOC.
A shipment from Hangeng Trade Company, an investment company in Gwadar Free Zone, is the first to be shipped under e-custom service.
Liao Longtai, the general manager of Hangeng, told Gwadar Pro, “It is a great honor for Hangeng to pioneer the innovative mode of trade,” adding that “next week, another cargo container will be exported of Free Zone by Hangeng using WeBOC”. .
“In the coming days, all companies operating in the zone will be registered under WeBOC. As it is convenient, transparent and business-friendly, it is highly likely to enhance investor confidence and improve business activities in Gwadar,” an official from Gwadar Free Zone Company said.
To give a strategic boost to trade and shipping activities, the electronic customs clearance system was installed in the Gwadar Free Zone in the last week of July this year, which was characterized by processes and paperless, ultra-fast, cost-effective and transparent procedures.
The groundbreaking online initiative aims to help Gwadar Free Zone businesses integrate with Gwadar Port, Customs, NLC, FBR, banking channels and other institutions to increase the efficiency and reduce processing time in various departments.
WeBOC in Gwadar Free Zone will help automate, standardize and harmonize all trade procedures and logistics services related to land, air and sea routes under the Pakistan Single Window (PSW).
Currently, WeBOC has thousands of registered users i.e. Companies, Government Departments including Anti-Narcotics Force, Technical Development Board, State Bank of Pakistan, Ministry of Change Climate, Railways, Department of Income Tax, Provincial Motor Registration Authorities, Commercial Banks, etc.