Pakistan Government has finalized and approved the 'Gwadar Smart City Master Plan' under CPEC plans. The master plan has been prepared by the Chinese state-owned company China Communications Construction Company along with Pakistan’s Minister of Planning and Development, and Gwadar Development Authority. According to reports, Gwadar’s economic output is expected to exceed $30 billion, while...
The construction of China-Pakistan Economic Corridor (CPEC) and special economic zones is a catalyst for Pakistan’s industrialization. CPEC is promoting the transfer of China’s manufacturing industry to Pakistan and pushing Pakistan’s development onto a fast track. So far, remarkable success has been achieved in the CPEC development. The construction of corridor projects is progressing well. In the...
Construction of the proposed Gwadar International Airport in Pakistan is scheduled to start in April this year following the completion of planning work. The $246m airport is located in the province of Balochistan region, near Iran and Oman borders, and is said to be the largest in Pakistan. According to the latest official record, the design and work plan has been approved and the construction...
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