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Gwadar Port to generate $10b activity

Gwadar Port to generate $10b activity
Top Story
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 t ....

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Sapphire-Bay: Project to generate Rs25b revenue, PM told

National
May 21, 2021
ISLAMABAD: Prime Minister Imran Khan was briefed on progress on the Sapphire-Bay project under the Ravi City on Thursday.
He was informed that the revenue, to be received from the 2,000-acre project, had been estimated at Rs25 billion. Besides, the project would generate a total of Rs150 billion in economic activities.
Two more Ravi City sub-projects including Zones 4, 5, 7 and the island would soon be available for investment. The revenue received by the government from these was estimated to be Rs130 billion in total and together it will lead to economic activities of Rs750-900 billion.
Thus, the PM was informed that the work started on 15,000 acres of Ravi City project would result in a total economic activity of Rs1,000 billion by December this year, which would provide ample employment opportunities in the country. ....

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Sapphire-Bay Project to generate Rs25 bn revenue, PM told

National
May 21, 2021
ISLAMABAD: Prime Minister Imran Khan was briefed on progress on the Sapphire-Bay project under the Ravi City on Thursday. He was informed that the revenue, to be received from the 2,000-acre project, had been estimated at Rs25 billion. Besides, the project would generate a total of Rs150 billion in economic activities.
Two more Ravi City sub-projects including Zones 4, 5, 7 and the island would soon be available for investment. The revenue received by the government from these was estimated to be Rs130 billion in total and together it will lead to economic activities of Rs750-900 billion.
Thus, the PM was informed that the work started on 15,000 acres of Ravi City project would result in a total economic activity of Rs1,000 billion by December this year, which would provide ample employment opportunities in the country. ....

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