Development and Construction of Port Allied Structures in Mullah Bund Area
Key facts
- Approved cost
- Rs.2381.88 Million
- Final expenditure
- Rs.2362.54 Million
- Expenditure during FY 2019-20
- Rs.267.69 Million
- Date of commencement
- June, 2016
- Date of completion
- February, 2020
- Operationalized
- Yes
- Date of inauguration
- N/A
Progress
Scope and objectives
The project envisages construction of two main commercial complexes having 3 & 2 storeys with allied facilities for port related activities such as custom clearance, banks, container freight stations, cold storages etc
Benefits of the project
Gwadar, being relatively a small town and in the process of being developed, especially with a modern port, offers lot of opportunities to prospective investors amongst others some of them are in the fields of port related infrastructure such as storage, warehousing, hotels, motels, travel and tourism, industrial sector, sea food processing & export, date processing and export construction – office spaces etc. This project is aimed at facilitating business related operations within Gwadar Port.
Remarks: This is a facility of port related businesses and commercial units being privatized gradually on rental basis.