In a major development, Gwadar Free Zone (phase-II) goes into formal action in true letter and spirit after the initiation of land allocation process and soil testing rolled out by registered companies. Gwadar Free Zone (phase-I) is already completed and functional.
The get-going makes a headway within 32 weeks after Pakistan Prime Minister Imran Khan inaugurated the Gwadar Free Zone (phase-II) during his one-day visit to Gwadar on July 5, 2021 while launching a number of other development and infrastructure projects including an expo centre, agriculture industrial park and three factories.
Agvon, a Chinese company, has formally set in motion its physical work by initiating soil testing investigation, according to its first phase of infrastructure development plan.
On the allocation of 10 acres of land, the Agvon dredging team is working round the clock. “As per agreement, Agvon plans to build a state-of-the-art fertiliser processing plant within the stipulated time period,” Majid, an official of China Overseas Port Holding Company (COPHC), said.
