{"id":81431,"date":"2021-11-15T15:31:15","date_gmt":"2021-11-15T10:31:15","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=81431"},"modified":"2021-11-15T15:31:20","modified_gmt":"2021-11-15T10:31:20","slug":"gwadar-logistic-hub-5-years","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/gwadar-logistic-hub-5-years.html","title":{"rendered":"Gwadar to become logistic hub in next 5 years: Chairman COPHC"},"content":{"rendered":"\n<p>Gwadar: In an interview with the media, Chairman of China Overseas Port Holding Company (COPHC) Zhang Baozhong said that Gwadar is going to be a \u2018logistic hub\u2019 in the next 5 years, news sources reported. He said that with the completion of the Gwadar free zone and Gwadar port, a total of USD 10 billion will be added to Pakistan&#8217;s economy.\u00a0 <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/gwadar-eastbay-expressway-open-soon.html\" target=\"_blank\" rel=\"noreferrer noopener\">Gwadar Eastbay Expressway expected to be completed soon<\/a><\/p>\n\n\n\n<p>According to the chairman, the completion of these two projects would result in the creation of 30,000 employment opportunities as well as the growth of local companies, <a href=\"https:\/\/www.zameen.com\/news\/alyani-drinking-water-drainage-projects-gwadar.html\" data-type=\"post\" data-id=\"80738\" target=\"_blank\" rel=\"noreferrer noopener\">community development, and municipal infrastructure<\/a>. Furthermore, he stated that the Chinese and Pakistani governments are collaborating on the construction of infrastructure, which would boost the total productivity of the project while also attracting investment. Furthermore, he stated that the goal of the Gwadar Free Zone development is to offer new prospects for investment in oil and gas refineries, agricultural, and food processing. \u00a0<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/timeline-shared-for-completion-of-gwadar-international-airport.html\" target=\"_blank\" rel=\"noreferrer noopener\">Timeline shared for completion of Gwadar International Airport<\/a><\/p>\n\n\n\n<p>He also stated that the port&#8217;s growth over the next five years will improve the aesthetic and commercial relevance of Gwadar. It is worth noting that COPHC began working on the construction of the <a href=\"https:\/\/www.zameen.com\/news\/first-shipment-from-hk-sun-corporation-cleared-for-gfz.html\" data-type=\"post\" data-id=\"75499\" target=\"_blank\" rel=\"noreferrer noopener\">Gwadar free zone <\/a>in 2016 and has operational rights for the next five years. In order to make Pakistan more appealing for business, the government has also granted a 23-year tax holiday for investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gwadar: In an interview with the media, Chairman of China Overseas Port Holding Company (COPHC) Zhang Baozhong said that Gwadar is going to be a \u2018logistic hub\u2019 in the next 5 years, news sources reported. He said that with the completion of the Gwadar free zone and Gwadar port, a total of USD 10 billion will be added to Pakistan&#8217;s economy.\u00a0 Read: Gwadar Eastbay Expressway expected to be completed soon According to the chairman, the completion of these two projects would result in the creation of 30,000 employment opportunities as well as the growth of local companies, community development, and municipal infrastructure. Furthermore, he stated that the Chinese and Pakistani governments are collaborating on the construction of infrastructure, which would boost the total productivity of the project while also attracting investment. Furthermore, he stated that the goal of the Gwadar Free Zone development is to offer new prospects for investment in oil and gas refineries, agricultural, and food processing. \u00a0 Read: Timeline shared for completion of Gwadar International Airport He also stated that the port&#8217;s growth over the next five years will improve the aesthetic and commercial relevance of Gwadar. It is worth noting that COPHC began working on the&hellip;<\/p>\n","protected":false},"author":84,"featured_media":60439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[2412,49501],"persona":[],"class_list":{"0":"post-81431","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-gwadar-port","9":"tag-gwadar-to-become-logistic-hub-in-next-5-years-chairman-cophc","10":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gwadar to become logistic hub in next 5 years - Zameen News<\/title>\n<meta name=\"description\" content=\"Gwadar: In an interview with the media, Chairman of China Overseas Port Holding Company (COPHC) Zhang Baozhong said that Gwadar is going to be a \u2018logistic\" \/>\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\/gwadar-logistic-hub-5-years.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gwadar to become logistic hub in next 5 years - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Gwadar: In an interview with the media, Chairman of China Overseas Port Holding Company (COPHC) Zhang Baozhong said that Gwadar is going to be a \u2018logistic\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/gwadar-logistic-hub-5-years.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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