Pakistan government makes big announcement for Chinese Companies working in Gwadar under CPEC

Shares
Pakistan government makes big announcement for Chinese Companies working in Gwadar under CPEC

ISLAMABAD - Pakistan government makes big announcement for Chinese Companies working in Gwadar under CPEC.

Minister for Maritime Affairs Ali Haider Zaidi says work at various projects in Gwadar continues at fast pace to develop the port city to an international standard. He said four Chinese companies working in Gawadar would be given exemptions from taxes.

Addressing a news conference in Islamabad on Tuesday afternoon, he said Pak-China Friendship Hospital will be constructed at a cost of 100 million dollars to provide state of the art medical facilities to people.

The hospital is planned on 68 acres of land and one out of six medical blocks and almost twenty percent of the residential blocks are completed.

The Minister said a 300 megawatt coal powered plant is also being set up in Gwadar . A plant to treat hard water for human consumption is also being established. It will process five hundred thousand gallons of water.

Ali Haider Zaidi said work on Gwadar airport is underway and it will be an international airport with world class facilities for passengers and cargo handling.

Speaking on the occasion, Chairman of China Overseas Port Holding Company Zhang Baozhong said the project of Gwadar Port was first awarded to a Singaporean company which wasted many years without starting the work. He said the incumbent government of Pakistan took immediate steps to resolve our problems. The government proved that it believes on practical work.

Pakistan