HomeCPECGwadar Port , Free Zone to Generate $10 Billion annual Economics Activity

Gwadar Port , Free Zone to Generate $10 Billion annual Economics Activity

After becoming fully operational, the Gwadar Port and Gwadar Free Zone would generate economic activities of around $10 billion per annum, besides creating thousands of new jobs, China Pakistan Economic Corridor (CPEC) Authority Chairman Lt Gen (retd) Asim Saleem Bajwa said.

“Soon after completion of the Gwadar Free Zone, a lot of manufacturing and trading activities will start, cargoes will move, and transshipment activities will increase,” Asim Bawa said while talking to the media here after reviewing the Gwadar Port and other projects under CPEC.

He said, “We will continue to monitor the development work in Gwadar till all the projects become fully operational.”

Asim Bajwa 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 the four berths were fully operational.

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