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The development of Gwadar's seaport is on its peak.It will soon boost Pakistan's regions economy.It is possible through CPEC project,an agreement between Pakistan and China.China is using a great deal of energy to give Gwadar's port a new look with new and advanced equipments.It will in turn boost the economy level of Pakistan.It is a long-term project which is being processed step by step with great efforts of Pakistan and China.The engineers of China-Pak are working for the completion of the free zone as well in Gwadar and it will be completed as soon as possible.
Free Zone is basically a designated area which is made by government in a particular city for the companies where very low taxes or sometimes no taxes has been charged from the companies to stimulate economic activities or to increase the economical level of the country.It is an area where goods are loaded,manufactured,re-exported without any interruption of custom authorities.
Free zone is the key towards success of the city, Gwadar. It is a platform which is not only beneficial for South Asia but also for central Asia and Middle-East countries.
It is a platform where natives can easily find the jobs because the next focusing area of construction of free zone is a huge,enormous stainless steel factory which will create a number of jobs.
CPEC is aiming to built new roads and railways which will connect Gwadar port to China region. Gwadar port is standing on a great location and it is expected that the port will be used by China for their trading purpose and to get benefit from it.
It is really a big project and will get success soon because apart of Pakistan and China,many other countries are ambitious for investing and for taking part in the the business opportunities in free zone.