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Chinese companies aim to set up $3.5 billion reprocessing park in Gwadar – Webeys

Khalid Mansoor, special assistant to the Prime Minister of the China Pakistan Economic Corridor (CPEC), said on Friday that Prime Minister Imran Khan met with a number of Chinese state-owned and private companies that have expressed interest in setting up a $3.5 billion reprocessing park in Gwadar. and a $350 million textile cluster near Lahore.

Khalid Mansoor, who is accompanying the prime minister on his four-day visit to China, told media in Beijing that a consortium of three Chinese companies has expressed interest in building a metal and paper processing park in Gwadar within two to three years.

He said the prime minister had “clear dialogue” with National Development and Reform Commission (NDRC) staff, who pledged their full support and commitment to completing the second phase of CPEC on time and within budget.


Mansoor informed the media that the Prime Minister had been assured that collaborating working groups in ten different sectors would provide technological and financial support for the implementation of projects.



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