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Gwadar International Airport – Latest Development Update

Gwadar International Airport – Latest Development Update

Gwadar International Airport Development had commenced preparatory activities. Now the advanced development work on Gwadar International Airport is set to be started in November 2019. Gwadar International Airport will be the biggest airport in country and the most modern one as well. Here is rest of detail regarding this update.

Gwadar International Airport Development Starting by November 2019

Spanning over an area of 4,300 Acres with estimated cost 230 Million Dollars, Development on Gwadar International Airport is starting by November 2019. Since the mega project is included in Phase 1 of Gwadar Development, Gwadar Airport will be rapidly developed to be accomplished in time.

The initial preparatory development on Gwadar International Airport has already been started and sufficient primary works has been done. Ground leveling is in process and plot is being set to advance development by November 2019. The development of Gwadar Airport will throw massive impacts on Gwadar Real Estate especially on the neighboring areas.

Rates of Properties Rising in GIEDA

Gwadar International Airport and properties adjacent to it in GIEDA are added in first phase of Gwadar development as per Gwadar Master Plan 2019. The development work is started in area and few days before Managing Director of GIEDA advised industrial and commercial buyers to construct boundary walls of their properties.

Gwadar Cantt located closely adjacent to Gwadar Airport is also added in Gwadar New Master Plan. Development on the renowned project of Gwadar Cantt is started and underway rapidly. Speedy development in GIEDA is a good sign and thus the rates of properties also increasing but still affordable. Once the development on Gwadar International Airport will be advanced in November, properties in GIEDA won’t be available on such reasonable prices as of now.

Development in Gwadar is picking pace with every passing day and it’s the ideal time to invest in Gwadar.

For more CPEC and Gwadar related updates, keep visiting our website.

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