Business

30 companies invest $474mn in Gwadar Free Zone

Around thirty companies have so far invested in the Gwadar Free Zone, with direct investment of about US $ 474 million, official sources reported.
The Gwadar Free Zone, being developed by a Chinese company, is located in the northern part of Gwadar, about 7km away from the port.
As per details, the whole period of planned development is from 2015 to 2030 and is divided into four phases. First phase of the free zone has already been completed.