The Gwadar Free Zone is constituted of the port, industrial park, residential area, and business area. And the model that is following in the making of this project is Shekou Industrial Zone of China. There are three phases of this decisive project and $250 million has already spent on it. And more investment is right in the corner. This activity can make Baluchistan also the whole of Pakistan an economically developed part of the world. And the companies of both countries are willing to be a part of this huge investment.
Shekou Industrial Zone- Gwadar is going to be a golden bird
As there is an anticipation that after the successful completion the output value can be 5 billion yuan this year. This project is engrossing enterprises like a hotel, bank, logistics, warehousing, and oil processing. In addition, The land engaged for this free zone is 923 hectare and consisted of four phases. The basis of China Pakistan Economic Corridor (CPEC) is the development of Gwadar as it is key to promote trading zone. It also focuses on enhancing other areas such as financial service, transportation, infrastructure development, and other featured areas. Thus, Gwadar free zone is crucial for Pakistan’s identity.