Gwadar Development in CPEC Phase 1 – Gwadar City Update 2019
Phase 1 of Gwadar Development has already been kicked off bringing huge developmental work to the port city. The phase 1 of Gwadar development is up till 2025 aiming to equip Gwadar with all the basic living facilities and strong road network. This development wave in Gwadar has started showing results and everyday we are receiving new Gwadar updates.
Gwadar Port is the most important part of CPEC holding great worth across the region for being the largest deep water sea port. The development on Gwadar Port is also been advanced to make it the modern functioning trade venue.
Recently we received the update of advanced digital custom clearance system been introduced at Gwadar Port to flourish trade and save time wastage of paper clearance. The first shipment of 30 containers through this digital custom clearance system is done successfully at Gwadar Port.
Gwadar Development Phase 1 being the short term development phase indicates the short term investment options in Gwadar. Investing in such Port City that is considered to be the future Dubai is dream of everyone and via CPEC Gwadar Port is going to connect Pakistan with entire Central Asia.
The connectivity of Gwadar Port with Central Asia is enough to define the future worth of Gwadar which is today starting its initial phase of development. Till 2025, Gwadar will become a well-equipped living destination with all facilities as we see in Lahore, Karachi or Islamabad. Gwadar International Airport and Gwadar Cantt are also included in Phase 1 to be accomplished within next 3 years so the development work is started on these projects as well.
Both the aforementioned projects are coming in GIEDA increasing the worth of properties here and creating ideal short term investment opportunities in industrial and commercial lands. Gwadar has witnessed a lot more development in 2019 because the launch of Gwadar New Master Plan. Government is showing keen concern to sort out the basic problems including water supply that’s one of the major issues in Gwadar.
Within next two years Gwadar will be a top notch investment realm throughout Pakistan. For any information about Gwadar land investment and overall development of Gwadar, please do visit our website or get in touch with us.