{"id":59008,"date":"2019-12-24T11:53:07","date_gmt":"2019-12-24T06:53:07","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=59008"},"modified":"2019-12-24T11:53:07","modified_gmt":"2019-12-24T06:53:07","slug":"ministry-forecasts-increase-gwadars-per-capita-income-gdp-contribution","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ministry-forecasts-increase-gwadars-per-capita-income-gdp-contribution.html","title":{"rendered":"Ministry forecasts increase in Gwadar\u2019s per capita income, GDP contribution"},"content":{"rendered":"<p>Islamabad: Gwadar smart port city\u2019s per capita income (PCI) and contribution to the Gross Domestic Product (GDP) is expected to undergo a short-term increase, a news source reported. The Ministry of Planning &amp; Development has predicted that Gwadar will contribute around USD 6 billion and USD 24 billion by 2025 and 2035, respectively, to Pakistan\u2019s economy.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/export-operations-begin-at-gwadar-port.html\" target=\"_blank\" rel=\"noopener noreferrer\">Export operations begin at Gwadar Port<\/a><\/p>\n<p>According to the ministry\u2019s forecast, Gwadar\u2019s contribution to the GDP will increase from USD 200 billion to USD 300 billion by 2050. Furthermore, the per capita income is expected to surge up to USD 15,000 in the long term.<\/p>\n<p>An official of the ministry stated that following the implementation of the Gwadar master plan, there will be an increase in employment opportunities for both locals and citizens from other parts of the country.<\/p>\n<p>The Gwadar Development Authority (GDA) had <a href=\"https:\/\/www.zameen.com\/news\/gda-approves-gwadar-master-plan.html\" target=\"_blank\" rel=\"noopener noreferrer\">approved the final draft<\/a> of the master plan in August. Moreover, the Provincial Development Working Party (PDWP) had approved the feasibility study (PC-II) for the project\u2019s implementation in November.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/coal-power-plant-inaugurated-gwadar.html\" target=\"_blank\" rel=\"noopener noreferrer\">Coal power plant inaugurated in Gwadar<\/a><\/p>\n<p>The completion of the Gwadar Smart Port City Master Plan under the China Pakistan Economic Corridor (CPEC) project is expected to transform the city into a hub for commercial activity, international marine trade and industrialisation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Gwadar smart port city\u2019s per capita income (PCI) and contribution to the Gross Domestic Product (GDP) is expected to undergo a short-term increase, a news source reported. The Ministry of Planning &amp; Development has predicted that Gwadar will contribute around USD 6 billion and USD 24 billion by 2025 and 2035, respectively, to Pakistan\u2019s economy. Read:\u00a0Export operations begin at Gwadar Port According to the ministry\u2019s forecast, Gwadar\u2019s contribution to the GDP will increase from USD 200 billion to USD 300 billion by 2050. Furthermore, the per capita income is expected to surge up to USD 15,000 in the long term. An official of the ministry stated that following the implementation of the Gwadar master plan, there will be an increase in employment opportunities for both locals and citizens from other parts of the country. The Gwadar Development Authority (GDA) had approved the final draft of the master plan in August. Moreover, the Provincial Development Working Party (PDWP) had approved the feasibility study (PC-II) for the project\u2019s implementation in November. Read:\u00a0Coal power plant inaugurated in Gwadar The completion of the Gwadar Smart Port City Master Plan under the China Pakistan Economic Corridor (CPEC) project is expected to transform the city&hellip;<\/p>\n","protected":false},"author":68,"featured_media":28914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[14610],"persona":[],"class_list":{"0":"post-59008","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-ministry-forecasts-increase-in-gwadars-per-capita-income-gdp-contribution"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ministry forecasts increase in Gwadar\u2019s per capita income, GDP contribution - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Gwadar smart port city\u2019s per capita income (PCI) and contribution to the Gross Domestic Product (GDP) is expected to undergo a short-term\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/ministry-forecasts-increase-gwadars-per-capita-income-gdp-contribution.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ministry forecasts increase in Gwadar\u2019s per capita income, GDP contribution - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Gwadar smart port city\u2019s per capita income (PCI) and contribution to the Gross Domestic Product (GDP) is expected to undergo a short-term\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ministry-forecasts-increase-gwadars-per-capita-income-gdp-contribution.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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