Gwadar Port to generate $10b activity
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June 1, 2021
GWADAR: After becoming fully operational, the Gwadar Port and Gwadar Free Zone would generate economic activities of around $10 billion per annum, said CPEC Authority Chairman Lt-Gen (retd) Asim Saleem Bajwa, here on Monday.
“Soon after completion of the Gwadar Free Zone, a lot of manufacturing and trading activities will start; cargoes will move, and trans-shipment activities will increase,” he said while talking to the media here after reviewing the Gwadar Port and other projects under the China-Pakistan Economic Corridor (CPEC) initiative.
He said, “We will continue to monitor the development work in Gwadar till all the projects become fully operational.” Asim said the port’s infrastructural work had been completed by the China Port Holding Company at the cost of around $300 million, and its all four berths were fully operational. He said during the last few months, over 67,000 metric tons of cargo had b
Gwadar Port and Gwadar Free Zone will generate $10 billion annually after becoming completely functional, Chairman CPEC Authority, Lt-Gen (r) Asim Saleem
Gwadar Port, Free Zone to generate $10 bn annual economic activity: Asim Bajwa dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
CPEC Authority Chairman Lt Gen (retd) Asim Saleem Bajwa visits Gwadar Port and Gwadar Free Zone on May 31. (photo provided to Gwadar Pro)
Chairman of China-Pakistan Economic Corridor (CPEC) Authority Lt Gen (retd) Asim Saleem Bajwa paid a visit to Gwadar Port and Gwadar Free Zone on May 31.
Bajwa conducted an in-depth investigation into the problems and challenges faced by the enterprises investing in Gwadar Port and Free Zone. He said that the construction of CPEC has greatly promoted Pakistan s economic development. And everyone can feel the great changes that have taken place in Gwadar s economy and people s livelihood as CPEC advancing toward the goal of high-quality construction.
Gwadar Port fully operational: Asim Saleem Bajwa
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Work on Gwadar Airport is also in full swing:Chairman CPEC Authority
GWADAR (Dunya News) - Chairman of China Pakistan Economic Corridor (CPEC) Authority Lt. General (retd) Asim Saleem Bajwa has said that Gwadar port has been made fully operational and now online booking for delivery of goods can be made.
Addressing a news conference in Gwadar, Chairman CPEC Authority informed the media persons that the work on Phase-II of Gwadar Free Zone is underway and other projects connected to Gwadar Port have also been expedited in last two and a half years.