Gwadar Port East Bay Expressway (Construction)
Gwadar East Bay Expressway
Locations
Type
Road
Status
Under Construction
Total Reported Cost
168.0 million USD
Initiatives
Start Date
Jan. 2017
Start of Construction
Oct. 2017
Planned Completion Date
2020
Contractors
Consultants
- —
Implementers
Operators
Funders
Source(s) | Amount |
---|---|
130,000,000 USD | |
None | |
None |
Description
The project will link Gwadar Port with the Makran Coastal Highway in Balochistan, which will improve the logistics of transportation of imports and exports. It is part of the China-Pakistan Economic Corridor, which is a part of China's Belt and Road Initiative. China offered an interest-free loan of USD 130 million for the project in September of 2015, and the groundbreaking ceremony was in November 2017.
Project data for this page was provided by Fitch Solutions, a Fitch Group company that focuses on country risk and industry research and analysis.