As one of the pillars of CPEC, Gwadar Portlink provides a series of benefits forinvestors and paving the way of tourism for socio-economic development inBaluchistan. The report quoting Chinese scholar Prof. Cheng Xizhong, saidthat continuous development of CPEC, especially the construction of GwadarPort link, has brought new hope toBalochistan, which has been poor and backward for a long time and has alsocreated conditions for the development of tourism and cultural industry inthe province.
According to the report, Gwadar Portlink great potential in sewagetreatment, power generation, entrepot trade of oil and gas, storage, anddevelopment of export bonded areas. More than 30 investment companies fromChina have invested RMB 3 billion. The new airport and other infrastructureprojects are under construction. In the future, the infrastructure levelof Gwadar Port link will reach aheight.
In terms of investment, in addition to the preferential measures of thefederal government, the Balochistan government has also provided 23 yearsof tax exemption, 100% exemption of equipment import duties at theconstruction and operation stages of the project, 99 years of land lease,flexible visa management measures, supporting infrastructure and securitymeasures.
It is worth mentioning in particular that the security situation inBalochistan has improved. If Balochistan continues to make efforts tofundamentally improve its security situation, it will attract internationaltourists and tourism and cultural industry will be greatly developed.
Prof. Cheng noted that the Balochistan government has launched sevenprojects to promote tourism in coastal areas of the province and work onthese projects is in progress. This was revealed at a meeting held onThursday presided over by Balochistan Chief Minister Jam Kamal Khan Alyani.
The meeting also discussed the promotion of tourism, culture and archeologyand development schemes at tourist sites in Balochistan. As per the masterplan, model beach parks will be established at Gadani, Kund Malir, Ormara,Pasni and Gwadar to provide maximum facilities to tourists. The master planfor the development of tourism facilities in Ziarat and Shaban valleys hasalso been prepared.