Gwadar Free Zone, covering 923 ha., will be built adjacent to Gwadar Port. The South Area of the Free Zone (Phase I) will develop a commercial logistics zone with the leading functions of commodity exhibition, transit and distribution relying on the existing port, as well as fishery processing. Processing and manufacturing areas will be developed in the North Area and divided into three construction phases. Daily necessities and small household appliances, fishery, stone processing, transportation machinery manufacturing and metal processing are the main introduced industries.

Tax exemption policy will be adopted in the development of bonded logistics. The FZ aims to be built into an important node of the China-Pakistan Economic Corridor, a demonstration zone of China-Pakistanis industrial cooperation, and a new economic engine of West Pakistan.

Copyright Business Recorder, 2018