Gwadar masterplan suggests growth in per capita income and massive growth in long-run
Real Estate News
06 Feb 2020
Quetta: According to the news sources, the population of Gwadar is expected to exceed two million people in the long run with high paid expatriate professionals accounting for up to 80% of the population, as revealed in the new Gwadar Smart City Masterplan.
The details of the new Gwadar Smart City Masterplan suggest that high paid jobs, tax-free environment, high-tech industries, luxury resorts, mega shopping malls, man-made islands, and Pakistan’s largest international airport inaugurated by Prime Minister Imran Khan last year, are all a part of the blueprint that will see Gwadar becoming the 3rd largest city in Pakistan in terms of economic output.
The 75-page masterplan document has been prepared by Chinese state-owned company China Communications Construction Company in conjunction with Pakistan’s Minister of Planning, Development & Reform and Gwadar Development Authority. Within this document, an elaborate road map and details of how Gwadar is to become the trade hub of South Asia with a GDP of $15,000 have been laid out. It should be noted here that the GDP mentioned here is 10 times more than that of Pakistan’s average.
Recent News
FBR Eliminates New Baggage Rule on Items Wort...
11 Dec 2024
FBR Eliminates Holding Period for Property Ca...
02 Aug 2024
LDA Auction 2024: Investment Opportunity in F...
10 May 2024
ADB approves $2m grant for Sindh coastal resi...
30 Oct 2023
