Development of Port and Free Zone

Project Development of Port and Free Zone
Project Objective

This project will aim at creating a backup port industry for Gwadar Port.
Project Description

At present following area has been allocated as a free zone of Gwadar. Pieces of lands have already been earmarked/acquired for the purpose:

  • Gwadar port free zone: 2,281 acres
  • Infrastructure is required to be developed for this industrial zone, for example, access roads, internal roads, water, gas, power, custom facilities, fencing, security, some warehouses, office and other allied infrastructure, etc.
  • Proposing Agency: Gwadar Port Authority, MoMA
Location Gwadar district, Balochistan
Province Balochistan
Estimated Cost (US $ Million) 300
Executing Company / Sponsors Gwadar Port Authority
Supervising Agency Ministry of Maritime Affairs, Government of Pakistan
Total Jobs Created 120
Total Local Jobs Created 240
Project Progress Update
  • Tax exemptions for port and Free Zone notified in Finance Act 2020
  • 1st phase (60 acres) completed
  • 46 enterprises have been registered for investment in Free Zone.
  • 03 companies started production
  • First imports cum exports cargo by M/s HKSUN received in Gwadar free zone on 7th April 2021.
  • Development of 2nd phase (2,221 acres) started in July, 2021.

 

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