China kick-starts Pakistan’s Gwadar East Bay Expressway

China is offering an interest-free US$130 million loan to Pakistan for construction of the Gwadar East Bay Expressway in the southwest port of Gwadar. The proposed 19km expressway will connect the Gwadar Port with the Mekran Coastal Highway, passing along the east bay of Gwadar City. The loan is part of a wider financing deal whereby China has a converted $225.5 million loan for the Gwadar International Airport into a loan. Work on the highway is expected to start in November for completion at the
September 2, 2015 Read time: 1 min
China is offering an interest-free US$130 million loan to Pakistan for construction of the Gwadar East Bay Expressway in the southwest port of Gwadar.

The proposed 19km expressway will connect the Gwadar Port with the Mekran Coastal Highway, passing along the east bay of Gwadar City.
 
The loan is part of a wider financing deal whereby China has a converted $225.5 million loan for the Gwadar International Airport into a loan.

Work on the highway is expected to start in November for completion at the end of 2017, Pakistani media reported.

Highway and airport improvements are part of a plan by the Balochistan provincial government tha includes a special economic zone and industrial parks to boost the economy.
Finance & Funding

Related Content

  • Myanmar’s elevated expressway project
    October 11, 2018
    Momentum is gathering for the construction of a new elevated expressway in the city of Yangon in Myanmar. The project is expected to cost US$400 million ad the expressway will measure 27km-long. The new route will provide an improved road connection for Yangon International Airport to the city’s industrial area, Yangon Jetty and the Thilawa Special Economic Zone. It will also link with the Yangon-Mandalay highway and construction is expected to commence in 2019.
    Read More
  • Replace bridge for Vancouver’s Massey Tunnel could aid congestion
    December 21, 2015
    Opponents of a proposed 10-lane bridge near Vancouver, Canada, said the structure will encourage urban sprawl in a region that is already struggling with a booming population. The British Columbia provincial government recently opened the final round of public consultation for the planned 3.3km toll bridge likely to cost around US$2.54 billion.
    Read More
  • A bridge of hope?
    July 18, 2012
    As Russia prepares for a major Asia Pacific conference in nearly four years' time, the economic climate is felt in other countries in the region. Patrick Smith reports AUS$1 billion-plus suspension bridge is to be built to link the city of Vladivostok in the far east of Russia and Russky Island. Russia's President Dmitry Medvedev has signed an instruction for construction of the 3,150m long bridge, which is intended to provide access to the 24th Asia Pacific Economic Cooperation (APEC) summit, to be held o
    Read More
  • Chinese investment
    February 6, 2012
    China's Ministry for Transport reveals that it beat its target for upgrading rural roads during 2009. Some 381,000km of rural roads were improved, beating the target of 300,000km by a considerable margin.
    Read More

Highlighted Content