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 Asim Saleem.
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.
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Bajwa says Gwadar’s port, free zone to generate $10bn annual economic activity
CPEC Authority chairman asks logistic companies to establish their offices in Gwadar; says customs system to facilitate investors, traders
May 31, 2021
GWADAR: CPEC Authority Chairman Asim Saleem Bajwa on Monday said that the Gwadar Port and the Gwadar Free Zone would generate economic activities of around $10 billion per annum besides creating thousands of new jobs after becoming fully operational.
“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,” he said while talking to the journalists after reviewing the Gwadar Port and other projects under the China-Pakistan Economic Corridor.