Sunday, 26 May 2019, 02:27:02 pm
Gwadar Port Free Zone to spur economic growth in Pakistan
April 21, 2019

Gwadar Port Free Zone will spur economic growth in Pakistan, particularly in Balochistan province after its completion.

This has been stated in a report by China Internet Information Center, China.org.cn.

The report says, more than thirty Chinese and Pakistani enterprises have moved in so far, with three billion yuan of direct investment, in the Gwadar Port free zone.

These include investment in hotel, bank, insurance, financial leasing, logistics, overseas warehousing, grain and oil processing, aquatic product processing, and home appliances assembly.

Their yearly output value will exceed five billion yuan once they all come into operation.