Gwadar (November 22, 2017): Prime Minister Shahid Khaqan Abbasi has reached Gwadar to inaugurate East Bay Expressway.
The 19km-long East Bay Expressway of Gwadar has been constructed, 14km along the shore and 5km offshore, while the Southern Bay Expressway will be completed by Jan 2018 and the Northern Bay Expressway by Dec 2018.
The project will be completed with a cost of sixteen billion rupees within three years.The Prime Minister will also preside a meeting to review pace of work on various development projects in Gwadar.
Later, he will meet the elected representatives and notables of the city.
The government has decided to start construction work at Gwadar Port by March 2018. Chinese and Pakistani investors will get an equal opportunity to invest in economic zones that will be established along the China-Pakistan Economic Corridor (CPEC).The decision was taken at a cabinet meeting on the CPEC, chaired by Prime Minister Shahid Khaqan Abbasi, on Friday.
Feasibility study of the construction of Gwadar Port was complete and the construction could begin as early as March 2018. The project will be completed in three years.