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Government Plans to Develop First Man-Made Island in Gwadar

18/02/2020

Government Plans to Develop First Man-Made Island in Gwadar

The government has planned to develop the first-ever man-made island in Gwadar, Pakistan. The project is named "Chand Tara" and is expected to be developed at the cost of $10 billion. Chand means moon and Tara means star, which symbolize the Pakistani flag, will form the cities of the Central Business District.

The island to stretch from Marine Drive to Zero Point on the Coastal Highway, will feature a state of the art amusement park, culture and heritage museum, grand theatre, international standard expo centre, hotels, resorts, shopping malls and waterfront walk to name a few projects. The fine print of the project reveals that it will be a collaborative effort between the Pakistan government and the Chinese state-owned enterprise, China Communications Construction Company.

The government has a plan to make Gwadar the next trade and economic hub of Pakistan and South Asia. It is expected that the region's economy will surpass $30 billion per annum. Therefore, the project will create almost 1.2 million highly paid jobs, which will take the per capita income of Gwadar to $15,000 in comparison to the current per capita income of around $1500.

Being the epicenter of trade and economy, the city will have a high-tech security mechanism being controlled through CCTV, vehicle management, urban video and alarm networks, and police. The Gwadar region will have its high education centre and a dedicated University City, primarily focused on Information Technology, Development and Medical sectors.

The master plan of Gwadar has already been approved, which means that the Pak-China megaproject is about to enter into the execution phase.

Commenting about the project, Governor Balochistan Amanullah Yasinzai said: "This project will be a game-changer for the people in the region. It will bring a lot of development and significantly raise the standard of living of the people of Gwadar. I am hopeful that this project will bring huge employment opportunities for the youth of Balochistan."

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