BEST OPPORTUNITIES TO INVEST IN GWADAR

CPEC Is Changing The Face Of Gwadar

Gwadar Future Projects: How CPEC Is Changing The Face Of Gwadar

CPEC Is Changing The Face Of Gwadar

March 09,2018 0comments

China Pakistan Economic Corridor (CPEC) is changing the face of the city. We have been hearing this statement for over a couple of years. However, we hardly get to see any substantial news that supports the claim. So today we decided to discuss some of the projects going on in Gwadar. We are sure they will change the city for better in near future.

Since the topic is huge, we will not cover in one piece. Gwadar future projects will be discussed in more blogs to come. For now, let’s take a look at the latest happenings of Gwadar;

Gwadar East-Bay Expressway

Location: Gwadar district, Baluchistan
Province: Baluchistan
Estimated Cost: 140.60 US $ Million
Executing Company / Sponsors: contracting Company on the basis of EPC Or any Financial Framework Agreement under CPEC
Financing: Mix of Chinese Government Concessional Loan and Grant
Supervising Agency: Ministry of Ports & Shipping, Government of Pakistan

Gwadar deep-sea port is solely operational through a 16 feet wide narrow road on West-bay. The road is used by normal traffic as well as trucks and trawlers. Gwadar port needs a wider network for transporting goods within the country. Gwadar East-Bay Expressway is a 6-lane project with a 30 meters long railway corridor.

The purpose of the project is to connect Gwadar port to the national highway web and ensure faster and smoother transport of goods.

New Gwadar International Airport

Location: Gurandani, 26 KM east of Gwadar City, Baluchistan
Province: Baluchistan
Estimated Cost: 230.00 US $ Million
Executing Company/Sponsors: Civil Aviation Authority
Financing: Chinese Government Grant

The new Gwadar international airport will be bigger and better. It will be built considering the standards and facilities of top international airports. The new airport will be able to accommodate ATR 72, Airbus (A-300), and Boeing (B-747) for domestic and international flights.

The CPEC and a full-fledged deep-sea port will increase the demand for an international standard airport.


Read Also: Investment Opportunities In Gwadar


Development Of Free Zone

Location: Gwadar district, Baluchistan
Province: Baluchistan
Estimated Cost: 32 US $ Million
Executing Company/Sponsors: GPA, GIEDA, and EPZA or any Financial Framework Agreement under CPEC
Financing: Chinese Government Concessional Loan
Supervising Agency: Ministry of Ports & Shipping, Government of Pakistan and Ministry of Commerce

The free zones and export processing zones have already been earmarked in Gwadar. The infrastructure needs to be developed for these zones like roads, security, warehouses, gas, water, power, offices etc.

So far, following lands have been allocated;

  • GIEDA industrial zone: 3,000 acres
  • Gwadar port free zone: 2,280 acres
  • EPZA export processing zone: 1,000 acres

This brings us to one thing only i.e. Gwadar investment. If you were unable to catch the obvious, let us spell it out for you. Gwadar is going to deliver on the promise shortly. These projects are only testaments to the upcoming success of Gwadar. You must be reading and hearing a lot of opinions claiming Gwadar nothing but hype. Well, we have shown you the real side. The information has been gathered from the official CPEC website, you can check yourself.

Comment

Contact Our Admin

UK Office

88-90 Goodmayes Road
Goodmayes, IG3 9UU
United Kingdom

+44 7983804244

Lahore Office

900 C , Faisal Town
Lahore
Pakistan

+92 42 35176611

Gwadar Office

Airport Road
Near Al-Shafa Hospital,
Gwadar

+92 42 35176611