|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|
Haroon Sharif, former minister of state and Chairman of Board of Investment, said Pakistan will take full benefit of Gwadar sea port for enhancing its exports, and promoting trade connectivity with the rest of the...