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Gwadar masterplan suggests growth in per capita income and massive growth in long-run

Real Estate News
06 Feb 2020
Gwadar masterplan suggests growth in per capita income and massive growth in long-run

Gwadar masterplan suggests growth in per capita income and massive growth in long-run

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.

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