Gwadar Port, a Free Zone to Generate Economic Activities
Asim Saleem Bajwa, the chairman of the CPEC Authority, has stated that when the Gwadar Port and the Gwadar Free Zone are fully operating, they will generate roughly $10 billion in economic activity annually while also adding thousands of new employment.
Asim Bajwa further stated in a media interview that after analysing the Gwadar Port and the other CPEC projects, “Many manufacturing and commercial operations would commence after the completion of Gwadar Free Zone, the cargoes will flow, and the transshipment activities will increase.”
In addition, he added, “we will keep a close eye on the progress of the work in Gwadar until all projects are completely operational.”
According to him, the China Port Holding Company finished the port’s infrastructure work at a cost of about $300 million.
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