ISLAMABAD: Minister for Planning and Development Asad Umar has said over one billion dollars of Chinese investment is expected in Gwadar Free Zone inaugurated by Prime Minister Imran Khan.
Briefing media persons in Gwadar, the federal minister said the Chinese investors have shown great interest for investment in this zone which is 35 times bigger than the first phase.
The minister said Prime Minister Imran Khan had launched South Balochistan package worth Rs600 billion in November. He said 53 projects of this package have been made part of the development plan this year.
Asad Umar said record development is being carried out in Balochistan province on the instructions of the prime minister. He said the development work is being executed with the partnership of Balochistan government.
Meanwhile, Minister for Information and Broadcasting Chaudhary Fawad Hussian has said India’s terrorist network has largely been broken in Balochistan. He said the development program of Balochistan government this year is Rs180 billion.
In a statement, the minister said India’s terrorist network has largely been broken in Balochistan and they will now set the agenda of dialogue with the nationalists.
Prime Minister Imran Khan arrived in Gwadar on Monday for a one-day visit where he inaugurated several projects including the Gwadar Free Zone, Expo Center, Agriculture Industrial Park and three factories.
Addressing a ceremony on the occasion, the prime minister said the future of Pakistan belonged to Gwadar, emerging as the ‘focal point of development’ and ensuring prosperity for the entire country.
The prime minister said his vision of an emerging Pakistan was a steadfast nation that was committed to the prosperity of the country. He said the government was focused on ensuring the provision of basic amenities in Gwadar and Balochistan, particularly clean water and electricity to encourage industrialisation.
He also witnessed signing of various MOUs aimed at constructing a state-of-the-art hospital, airport, and vocational institute as well as addressing the water and power problems of Gwadar. It is pertinent to mention that these projects will be established on 2,200 acres of land.
