Pakistan’s first man-made Island will be built in Gwadar at a cost of over $10 Billion. The ‘Chaand Taara’ shaped islands representing Pakistan’s flags moon and star will form the cities of the Central Business District.
The Central Business District will include a state of the art amusement park, Art & Culture Museum, Grand Theatre, Concert Hall, International Expo Centre, 5* Hotels & Resorts, Multiple Shopping Malls and Waterfront Walk and Shopping Promenade to name a few.
Pakistan’s tallest building has been detailed in the Gwadar Smart City Masterplan which will be built around the Gwadar Tower.
China Communications Construction Company, a Chinese state-owned enterprise with assets of over $132 Billion, prepared 75-page master plan document in conjunction with Pakistan’s Minister of Planning, Development & Reform and Gwadar Development Authority.
The 75-page Master plan elaborate road map on how Gwadar is to become the trade and economic hub of South Asia with a GDP per capita of $15,000 – 10 times that of Pakistan’s average.
The Government of Pakistan and China project Gwadar’s economy to surpass $30 Billion per annum in the long-term, creating 1-1.2 Million high paid jobs with an income per capita of $15,000.
According to Gwadar’s new master plan, the city will become the fulcrum of economic development in western Pakistan, the main port in western Pakistan, one of the westward sea routes in western China, the five Central Asian countries and the trade centres of Afghanistan, South Asia and the neighbouring Middle East.
Megaprojects include a $5 billion investment into Gwadar’s power sector with 15 new power plants, $1 billion invested into generating 700,000 m3 of fresh water per day through desalination plants, a man-made island, central business district, Pakistan’s tallest building all in a tax-free environment where life can be enjoyed whilst avoiding taxes.
According to the recently released Gwadar smart port city master plan Gwadar’s economic output is expected to exceed $30 Billion whilst creating up to 1.2 Million jobs for skilled workers and professionals.
Gwadar is set to see a massive influx of skilled workers and high powered executives as it gears up to become the technological, industrial and high-tech service hub of South Asia.
The master plan details international exhibition centres, multiple theme parks, luxury 5* resorts, botanical gardens and museums in a thriving modern city economy all within Pakistan’s first ‘weapon-free’ city.