Work under way for giving practical shape to SEZ

CPEC Secretariat says Gwadar city being built as per standard of Hong Kong, Singapore

ISLAMABAD: The Secretariat of China-Pakistan Economic Corridor (CPEC) has said that work is underway for the development of Gwadar city besides giving practical shape to the economic zone of Gwadar.

"It will help make Gwadar an international and modern port. Giving practical shape to economic zones will pave the way for economic revolution in Pakistan," said a statement issued by the secretariat authorities on Thursday.

It stated that Gwadar city was being built as per the standard of Hong Kong and Singapore.

“The investors have already demonstrated tremendous interest on this count. However, this city will get the status of an international port soon,” it added.

The work on the project of Gawadar East Bay Expressway had already started under which 18.9km-long road four-lane highway would be constructed.

The highway would connect Gwadar Port to Makran Coastal Highway, East Bay, free zone and container terminals in the future.

It further stated, “Work on special economic zone in Pakistan and China is under way. Both the countries are promoting CPEC with determination through mutual cooperation by taking advantage of knowledge and expertise of each other so that they may work for the development and prosperity of both the countries.”