Industry

Petrochemical complex planned in Gwadar

February 28, 2019
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Gwadar Port
Gwadar Port Free Zone will be modeled after the Shekou Industrial Zone in Shenzhen, China, comprising a port, an industrial park, and residential and business areas.

ISLAMABAD, February 28, 2019: A state-of-the-art oil refinery and petrochemical complex, being established at Gwadar deep seaport city.

An official source in Petroleum sector privy to the developments told that these projects will have tremendous potential to capture markets in China and Central Asian landlocked states where fuel supply takes weeks to reach through other routes.

Under the China Pakistan Economic Corridor (CPEC), the fuel transportation to China via Pakistan would take just seven days as import through western China takes almost 40 days.

 

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