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Gwadar port city development project | News and Updates

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Major bank branches now open in Gwadar:

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Special Economic Zone will be located near a 2,282 acre free trade area in Gwadar which is being modelled on the lines of the Special Economic Zones of China.

The swathe of land was handed to the China Overseas Port Holding Company in November 2015 as part of a 43-year lease, while construction of the project began on 20 June 2016.

The special economic zone is expected to employ approximately 40,000 people, with possibility for future expansion.

The special economic zone will include manufacturing zones, logistics hubs, warehouses, and display centers.

Business established in the special economic zone will be exempt from Pakistani income, sales, and federal excise taxes for 23 years Contractors and subcontractors associated with China Overseas Port Holding Company will be exempt from such taxes for 20 years,while a 40-year tax holiday will be granted for imports of equipment, materials, plants, machinery, appliances and accessories that are to be for construction of Gwadar Port and special economic zone.
 
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ISLAMABAD: Construction work on the Gwadar International Airport costing Rs22 billion would be completed in October, announced Balochistan Chief Secretary Saifullah Chatta.

Talking to Radio Pakistan, he said the Gwadar airport would cater to the needs of the Gwadar deep-sea port as it would become the prime venue of the China-Pakistan Economic Corridor (CPEC). CPEC has also increased passenger traffic in the area.

“It will be the largest airport in Balochistan that will facilitate domestic and international passengers with facilities of international standards,” he added.

The airport will be capable of playing host to the largest passenger planes in the world including the Airbus A380 jet.

For this purpose, the Civil Aviation Authority has allocated 3,000 acres of land. The airport will be given international status and operate under the open skies policy.

Earlier, during CPEC’s Joint Cooperation Committee (JCC) meeting held in Beijing, some participants expressed concern over the slow pace of progress on the Eastbay Expressway of the Gwadar Port and the Gwadar International Airport.
 
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ر پنگ ان سونگ نامی بحری جہاز گوادر بندرگاہ پر لنگر انداز ہوگیا ۔۔۔
چینی بحری جہاز گوادر پورٹ فری زون کا سامان لے کر گوادر پہنچا ہے

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GDA approves construction of 300 MW power plant in Gwadar

http://dailytimes.com.pk/pakistan/23...lant-in-gwadar

ISLAMABAD: The 16th meeting of the governing body of Gwadar Development Authority (GDA) was held in Quetta on Thursday with Balochistan Chief Minister Nawab Sanaullah Khan Zehri in the chair.

The meeting approved the construction of a 300 MW power plant in Gwadar. During the meeting, financial and administrative matters of the governing body were also discussed.
 
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I want Gwadar airport to be built already so I can take a flight there. I love visiting new airports.
 
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