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Gwadar’s new master plan highlights factors behind economic prosperity

Gwadar’s population is set to exceed 2 million people in the long-term with high paid expatriate professionals accounting for up to 80 percent of the population, according to the new Gwadar Smart City Master Plan.

High paid jobs, tax free environment, high-tech industries, mega shopping malls, luxury resorts, manmade islands and a Pakistan’s largest international airport which was inaugurated by Prime Minister Imran

Khan last year are all included in the blueprint that will see Gwadar become the 3rd largest city in Pakistan by economic output.

The 75 page master plan document, prepared by Chinese state owned company China Communications Construction Company in conjunction with Pakistan’s Minister of Planning, Development and Gwadar Development Authority, chalks out an elaborate road map and plan on how Gwadar is to become the trade and economic hub of South Asia with a GDP per capita of $15,000-10 times that of Pakistan’s average.

The Government of Pakistan and China project Gwadar’s economy to surpass $30 billion per annum in the long-term, creating 1-1.2 million high paid jobs with an income per capita of $15,000. Pakistan’s current income per capita meaning the economic output the country generates per person is around $1500 which Gwadar will eclipse by some 1000 percent.

According to Gwadar’s new Master Plan the city will become the fulcrum of economic development in western Pakistan, the main port in western Pakistan, one of the westward sea routes in western China, the five Central Asian countries and the trade centers of Afghanistan, South Asia and the neighbouring Middle East.

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The Mega projects, include a $5 billion investment into Gwadar’s power sector with 15 new power plants, $1 billion invested in to generating 700,000 m3 of fresh water per day through desalination plants, a manmade island, central business district, Pakistan’s tallest building all in a tax-free environment where life can be enjoyed whilst avoiding taxes.

Gwadar is set to see a massive influx of skilled workers and high powered executives as it gears up to become the technological, industrial and high-tech service hub of South Asia.

According to the recently released Gwadar smart port city master plan Gwadar’s economic output is expected to exceed $30 billion whilst creating up to 1.2 million jobs for skilled workers and professionals.

The master plan details international exhibition centres, multiple theme parks, luxury 5 resorts, botanical gardens and museums in a thriving modern city economy all within Pakistan’s first ‘weapon free’ city.

Pakistan’s current trade and economic hub of Karachi sea some 65 million tonnes of cargo through the port each year and with Gwadar eclipsing that by 2030 as the key route for trade with the Middle-East, Afghanistan, Central Asia and China, the city is expected to become the region’s leading trade centre.

Gwadar will require some 15,800 new homes by 2025, 47,600 by 2030 and 254,500 by 2050 according to the new Gwadar Smart City Master Plan.

A tax free haven with high technology industries, manmade islands, science and technology parks, 5 beach resorts, concert venues, exhibition centres, shopping malls and Pakistan’s first ‘weapon-free’ city will see Gwadar economic output reach $30 billion per

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annum and population balloon to 2 million residents resulting in a mega shortage of housing.

In line with Pakistan and China’s grand development plans for the Port City of Gwadar the city will be Pakistan’s first weapon free city. The city is being developed under the highest of international standards to be an economic hub not only for Pakistan but for the region and for this reason a robust security environment will be developed to ensure security for foreigners and expats coming to Gwadar.

The security plans include the highest levels of urban security mechanisms through CCTV, vehicle management, urban video and alarm networks, and police management programs.

Pakistan’s first dedicated high education centre and University City has been planned at the centre of Gwadar’s new Master Plan.

Built as a city of the future along the highest of international standard’s Gwadar will have a dedicated University City focused on the technology and medical sectors enabling locals of Gwadar and the expected 2 million population to educate themselves in the most sophisticated environment.

Plans for luxury golf course have been revealed in Gwadar’s new Master Plan which projects a booming city of 2 Million people with a GDP per capita some 10 times that of Pakistan at $15,000 per capita.

This is all detailed within the new Gwadar master plan which has been developed by the Government of Pakistan alongside Chinese state owned construction and planning giant China Communications Construction Company.

Source: Business Recorder

Dated on: 13/02/2020

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