Gwadar poised to become international trade hub as CPEC enters second phase
With its entry into the second phase of the China-Pakistan Economic Corridor, Gwadar, Pakistan is poised to become an international trade hub, marked by the completion of key CPEC projects, including the new international airport, expressway, port, hospital, vocational training center, desalination plant, free zones, and a housing scheme, emphasizing its strategic importance in regional connectivity and economic growth.
Gwadar, Pakistan with its entry into the second phase of the China-Pakistan Economic Corridor, Gwadar is gearing up to evolve into a bustling international trade hub.
This transformation is underscored by the completion of key CPEC projects, including the new Gwadar International Airport (230 million dollars), East Bay Expressway (179 million dollars), Gwadar Port (300 million dollars), China-Pakistan Friendship Hospital (100 million dollars), Gwadar Vocational Training Center (10 million dollars), gwadar Water Desalination Plant (12.7 million dollars), Free Zones 1 and 2 (spanning 2,281 acres), and the Green Palms Gwadar Housing Scheme (covering 1,065 acres).
These initiatives highlight Gwadar’s strategic significance in fostering regional connectivity and driving economic growth under the CPEC initiative.
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