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

  • BC to renovate Simon Fraser Bridge
    January 20, 2022
    The Canadian province will rehabilitate the deck structure of the southbound bridge of the twin-bridge river crossing in Prince George.
    Read More
  • Chinese funding for Pakistan infrastructure projects
    May 29, 2018
    Financing from China is helping pay for a series of major infrastructure projects in Pakistan.
    Read More
  • Brazil’s ANTT launches public consultation for NovaDutra extension
    March 18, 2016
    Brazil's national land transport agency ANTT has launched a public consultation concerning a proposed contract extension of 13 years for the NovaDutra highway concession held by CCR. The deal covers the Rodovia Presidente Dutra highway between Rio de Janeiro and Sao Paulo, according to a report by the Valor Economico newspaper. Consultations will run for 30 days until mid-April and include two sessions in Sao Paulo and Rio de Janeiro.
    Read More
  • Indonesia’s Trans-Papua road gets priority to support National Games
    May 14, 2015
    Indonesia’s president Joko Widodo has vowed to complete the Trans-Papua Highway by 2019, two years later than previously scheduled. Work on the seven-year old project has been dogged by difficulties, including transporting construction equipment and material around the mountainous province on the island of New Guinea, the Jakarta Post newspaper reported The Ministry of Public Works and Public Housing said it will spend around $4.36 billion this year on infrastructure nationally. This will include reha
    Read More

Highlighted Content