Over $1 bn of Chinese investment expected in Gwadar Free Zone
ISLAMABAD: Minister for Planning and Development Asad Umar on Tuesday said more than one billion dollars of Chinese investment was expected in Gwadar Free Zone phase two inaugurated by Prime Minister Imran Khan a day ago.
“The Chinese investors have evinced great interest for investment in this zone which is thirty five times bigger than the first phase,” he said talking to media persons in Gwadar.
The minister for planning and development said PM Imran Khan had launched South Balochistan package worth 600 billion rupees in November. He said 53 projects of this package had been made part of the development plan this year.
Asad Umar said record development was being carried out in Balochistan province on the instructions of the prime minister. He said the development work was being executed with the partnership of the Balochistan government.
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