Gwadar, the government announced the establishment of a new island in Gwadar called “Moon Tara Island” at a cost of $ 10 billion in maritime boundaries.
Gwadar: The government has announced a new island settlement at a cost of $ 10 billion along the coast.
According to details, the government has announced the establishment of a new island in Gwadar called “Chand Tara Island”.
According to preliminary reports, the island is named “Chand Tara” because it represents the Pakistani flag.
It was revealed in a 78-page master plan, according to which the project would be a joint venture between a government company in Pakistan and China, with a total value of $ 132 billion.
An amusement park, art and culture museum, grand theater, concert hall, international expo center, numerous hotels and shopping malls will be built on the island.
Experts say that this brilliant project could create 12 million jobs. On the other hand, the per capita income of the city will be $ 15,000 while Pakistan’s current per capita income is around $ 1500.
The master plan proposes to convert Gwadar into Pakistan’s first tax-free and arms-free economic zone. It should be noted that Karachi is the current economic hub of Pakistan, but experts believe that Gwadar will become Pakistan’s economic hub in the coming years.