Gwadar port city development project | News and Updates
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ghazi52
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Land allocation in process for $10b Saudi Aramco refinery in Gwadar
Gwadar Development Authority (GDA) Director-General Shahzeb Khan Kakar has said that upcoming oil city project in Gwadar will host a multibillion-dollar Saudi Aramco refinery, Arab News reported.
He hoped that the process of land allocation for the $10 billion Saudi oil refinery project and a $1-billion petrochemical complex would be completed within a couple of months.
Kakar told Arab News: “The land allocation process for the oil refinery is underway with the provincial government’s revenue department in Quetta.” SaudiArabia and Pakistan signed seven investment deals worth $21 billion during visit of last year which included the Aramco refinery. The oil refinery has a expected refining capacity of between 250,000 bpd to 300,000 bpd.
Gwadar is at the heart of the China Pakistan Economic Corridor (CPEC) and Beijing is investing $60 billion in energy and infrastructure sectors of Pakistan
Gwadar Development Authority (GDA) Director-General Shahzeb Khan Kakar has said that upcoming oil city project in Gwadar will host a multibillion-dollar Saudi Aramco refinery, Arab News reported.
He hoped that the process of land allocation for the $10 billion Saudi oil refinery project and a $1-billion petrochemical complex would be completed within a couple of months.
Kakar told Arab News: “The land allocation process for the oil refinery is underway with the provincial government’s revenue department in Quetta.” SaudiArabia and Pakistan signed seven investment deals worth $21 billion during visit of last year which included the Aramco refinery. The oil refinery has a expected refining capacity of between 250,000 bpd to 300,000 bpd.
Gwadar is at the heart of the China Pakistan Economic Corridor (CPEC) and Beijing is investing $60 billion in energy and infrastructure sectors of Pakistan
ghazi52
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ghazi52
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Gwadar: 6 lanes 19 km Gwadar East Bay Expressway under construction with 15 Billion Rs from Gwadar Port to Makaran Coastal Highway N-10 under CPEC.It is first Expressway in Balochistan.It was financed by interest-free loans extended by China's state owned bank.
The project is being developed as part of the "Early Harvest" scheme of China Pakistan Economic Corridor, and is part of a wider ₨170.667 billion development package for the city and Port of Gwadar.
The project is being developed as part of the "Early Harvest" scheme of China Pakistan Economic Corridor, and is part of a wider ₨170.667 billion development package for the city and Port of Gwadar.
Chishty4
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Update:
This week’s Pics of work in progress on 19 KMs LONG, 6 lanes East Bay Expressway at #Gwadar PORT. Will connect port and Economic Free zone to facilitate logistic supply chain-will optimise port operations. 64% work completed so far
#CPEC #CPECMakingProgress #Pakistan #Balochistan
This week’s Pics of work in progress on 19 KMs LONG, 6 lanes East Bay Expressway at #Gwadar PORT. Will connect port and Economic Free zone to facilitate logistic supply chain-will optimise port operations. 64% work completed so far
#CPEC #CPECMakingProgress #Pakistan #Balochistan
ghazi52
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Prime Minister Imran Khan on Monday performed the groundbreaking of phase two of the Gwadar Free Zone (GFZ) and launched a number of other development and infrastructure projects including an expo centre, agriculture industrial park and three factories.
During a single-day visit to Gwadar, the premier also inaugurated phase one of the GFZ, reviewed the progress on various development projects, and witnessed the signing of a number of memorandums of understanding (MoUs).
He was given a detailed briefing on the progress of the south Balochistan development package in line with the government’s efforts of focusing on the province.
Projects unveiled:
In his address at the launching ceremony for the projects, the prime minister lamented that many areas in Pakistan including Balochistan had been left behind in development. He said development plans for Gwadar had been made for some time but the lack of any real implementation was due to common issues such as supply of water, electricity and gas, and connectivity with other areas.
"But in the time we are now seeing ahead, Gwadar is going to become a focal point from which all of Pakistan and especially Balochistan which was left behind [in development] will benefit," he added.
He said the "future of Gwadar" was being witnessed through the water and energy projects underway as well as the new international airport being constructed there which would connect Gwadar to other areas.
"I reiterate that any country can't meaningfully develop unless it has inclusive development and all areas develop," the premier said, adding that the government's biggest effort now was to develop neglected areas such as former Fata, Balochistan, northern areas and western districts of Punjab.
For Gwadar specifically, the prime minister announced a number of initiatives to promote human development such as a technical college, a hospital, university, cheap loans for farmers and poor households and a programme for uplifting of Gwadar's fishermen.
Prime Minister Imran said the government was also preparing to better facilitate and service investors through a one-window operation so they would be encouraged to come to free zones and set up plants and industries which could contribute to exports.
The increased exports would lead to wealth creation, correction of macroeconomic imbalance and job opportunities once demand for technical staff and trained labour increases, he added.
The premier said he wanted to see increased coordination between the federal and provincial governments to pull off the above steps to create a better atmosphere for investors.
He thanked China in particular and said Pakistan stood to benefit from its relations with the country. “Pakistan can benefit from its strategic location and also from the expertise of its friend China, which is becoming an economic power in the region,” he said.
Imran further said his office would directly and regularly monitor all progress on development projects in Gwadar on a monthly basis.
Speaking about the security situation, the prime minister said peace in Afghanistan remained a major concern and that the result of any violence or civil war would be felt on Gwadar's trade with Central Asian states. He said the his government was involved in efforts and had talked to Iran as well to bring the opposing parties in the Afghan conflict towards a political settlement.
Federal Planning Minister Asad Umar earlier said the free zone inaugurated by the prime minister in Gwadar's north was "35 times bigger than the phase 1 industrial zone of Gwadar".
"This reflects growing interest of Chinese and other investors in Gwadar free zone," he tweeted.
Balochistan Chief Minister Jam Kamal Khan Alyani also addressed the event, saying despite misconceptions that "we don't address the basic issues of Gwadar's people," a lot of work had been done by the government.
He cited initiatives such as the Eastbay Expressway, a 180-kilometre water pipeline which would connect multiple dams, a desalination plant, extension of the Gwadar hospital and efforts to bring a university to Gwadar. The chief minister added that aside from the mega projects, a lot was being done to address the needs of the people and local communities.
During a single-day visit to Gwadar, the premier also inaugurated phase one of the GFZ, reviewed the progress on various development projects, and witnessed the signing of a number of memorandums of understanding (MoUs).
He was given a detailed briefing on the progress of the south Balochistan development package in line with the government’s efforts of focusing on the province.
Projects unveiled:
- Gwadar Fertiliser Plant
- Gwadar Animal Vaccine Plant
- Henan Agricultural Industrial Park
- Hengmei Lubricants Plant
- Gwadar Free Zone Phase Two
- Gwadar Expo Centre
- Implementation agreement of 1.2 million gallons per day desalination plant
- Solar generators grant from China for south Balochistan
In his address at the launching ceremony for the projects, the prime minister lamented that many areas in Pakistan including Balochistan had been left behind in development. He said development plans for Gwadar had been made for some time but the lack of any real implementation was due to common issues such as supply of water, electricity and gas, and connectivity with other areas.
"But in the time we are now seeing ahead, Gwadar is going to become a focal point from which all of Pakistan and especially Balochistan which was left behind [in development] will benefit," he added.
He said the "future of Gwadar" was being witnessed through the water and energy projects underway as well as the new international airport being constructed there which would connect Gwadar to other areas.
"I reiterate that any country can't meaningfully develop unless it has inclusive development and all areas develop," the premier said, adding that the government's biggest effort now was to develop neglected areas such as former Fata, Balochistan, northern areas and western districts of Punjab.
For Gwadar specifically, the prime minister announced a number of initiatives to promote human development such as a technical college, a hospital, university, cheap loans for farmers and poor households and a programme for uplifting of Gwadar's fishermen.
Prime Minister Imran said the government was also preparing to better facilitate and service investors through a one-window operation so they would be encouraged to come to free zones and set up plants and industries which could contribute to exports.
The increased exports would lead to wealth creation, correction of macroeconomic imbalance and job opportunities once demand for technical staff and trained labour increases, he added.
The premier said he wanted to see increased coordination between the federal and provincial governments to pull off the above steps to create a better atmosphere for investors.
He thanked China in particular and said Pakistan stood to benefit from its relations with the country. “Pakistan can benefit from its strategic location and also from the expertise of its friend China, which is becoming an economic power in the region,” he said.
Imran further said his office would directly and regularly monitor all progress on development projects in Gwadar on a monthly basis.
Speaking about the security situation, the prime minister said peace in Afghanistan remained a major concern and that the result of any violence or civil war would be felt on Gwadar's trade with Central Asian states. He said the his government was involved in efforts and had talked to Iran as well to bring the opposing parties in the Afghan conflict towards a political settlement.
Federal Planning Minister Asad Umar earlier said the free zone inaugurated by the prime minister in Gwadar's north was "35 times bigger than the phase 1 industrial zone of Gwadar".
"This reflects growing interest of Chinese and other investors in Gwadar free zone," he tweeted.
Balochistan Chief Minister Jam Kamal Khan Alyani also addressed the event, saying despite misconceptions that "we don't address the basic issues of Gwadar's people," a lot of work had been done by the government.
He cited initiatives such as the Eastbay Expressway, a 180-kilometre water pipeline which would connect multiple dams, a desalination plant, extension of the Gwadar hospital and efforts to bring a university to Gwadar. The chief minister added that aside from the mega projects, a lot was being done to address the needs of the people and local communities.
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