|Project||Development of Free Zone|
|Project Objective||This project will aim at creating backup port industry for Gwadar Port.|
|Project Description||Project Title: Infrastructure Development for Free Zone & EPZs, Gwadar|
At present following areas have been allocated as free zone and export processing zones in the industrial locations of Gwadar. Pieces of lands have already been earmarked/acquired for the purpose:
Infrastructure is required to be developed for these industrial zones, for example, access roads, internal roads, water, gas, power, custom facilities, fencing, security, some warehouses, office and other allied infrastructure, etc.
|Location||Gwadar district, Balochistan|
|Estimated Cost (US $ Million)||32|
|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|
|Project Progress Update|
BEIJING, (APP – UrduPoint / Pakistan Point News – 21st Dec, 2019 ) :Gwadar Port is an extremely important platform to extend China-Pakistan Economic Corridor (CPEC) westward to a more distant region and becomes an important...