It has announced that the COPHC intends to bring. an additional fifty Chinese businesses to the Gwadar Free Zone. According to a source who spoke with Gwadar Pro. China Ports Holding Corporation (COPHC) has plans to invite. an additional fifty Chinese businesses. to operate within the Gwadar Free Zone over the next year or two. According to the officials. The first phase of the 60-acre Gwadar Free Zone (GFZ) has already received investments. from 38 Chinese enterprises as well as 12 Pakistani companies.
A desalination plant:
In the meantime, officials have emphasized. that shortages of water and power in coastal communities. are a barrier to the expansion of urban areas. He stated that COPHC is making every effort to find solutions to its two most pressing issues. We have already constructed a desalination plant. with a capacity of 1 million gallons per day, and he plans to enhance. That capacity is 5 million gallons per day within the next five to eight years. 5 megawatts of power are ready to delivered. from the 15 megawatt thermal power plant that he operates. In the meantime, the government of Balochistan has spent 2.5 crore. on a desalination facility in the city that has the ability. to process 1 million gallons of water every single day.
The development of Gwadar:
According to him, the state and federal governments need to step up. their efforts to handle water and energy concerns in order to hasten. the development of Gwadar. They are going to connected to the network via 550 kilometers. of transmission lines that are now built. An official stated that “from our perspective. The only way to permanently halt electrical failures is to have a solution. that implemented on-site.” Accompany. Officials claim that COPHC has been effective in resolving various obstacles. that Chinese investors had to contend with, including NOC registration and arrangement issues. On the grounds of Chinatown. The government of Pakistan has established a single window office.
As well as customs offices, housing complexes for Chinese investors. and other administrative buildings (PSW). He also stated the problems. with visas had been largely fixed and urged management to press through. which is programmed to alleviate water and electricity problems as quickly as feasible. He added that the problems had been largely resolved. COPHC is responsible for the creation of the Gwadar Free Zone as well as its operation as a port. Federal Shipping Minister Ali Haider Zaidi made the announcement. that China Overseas Ports Holding Company CEO Zhang Baozhong. and Economy Minister Hamad Al. ‘I accompanied Mr. Azhar to China. when the Chinese government granted the China Overseas Ports Holding Company (COPHC). a tax exemption for 23 years.
New manufacturing facilities:
This exemption granted by the Chinese government. He made the announcement. that he had been instrumental in the formation of new manufacturing facilities. This will not only stimulate foreign investment. and boost Pakistan’s economy. but it will also engage the local workforce and give employment possibilities. These benefits will come about as a result of the many measures that have outlined. A Pakistani-Chinese technical and vocational training facility is going to built. by China in Gwadar at a cost of approximately $10 million, according to plans that China has disclosed. Each year.
China-Pakistan Friendship Hospital:
The institute provides graduate students. with a total of 360 hours of technical training. In addition, COPHC disclosed that he intends to construct. a desalination plant at a cost of Rs 19.5 crore. and that he intends to supply 5,000 gallons of water to individuals on a monthly basis. on a land area of 68 acres, the China-Pakistan Friendship Hospital. which estimated to have a cost of one hundred million dollars. would constructed. In addition, a coal-fired power station.
The Gwadar district:
A capacity of 300 megawatts would constructed in the Gwadar district. According to the information that he shared. the Executive Committee of the National Economic Council (ECNEC). plans to extend East His Baby His Highway in order to offer local fishermen access to Gwadar Harbor. and the Makran Coastal Highway. decided that he would construct three bridges. About forty percent of the East Bay Expressway’s construction. work has finished, with the remaining work scheduled to finish at a later time.