During the initial phase of the execution, the COPHC started work on internal development of the Pilot Zone (initial area) of the Free Zone (FZ) and initiated marketing. The construction of initial area has now been completed. All infrastructures, including power, water, road, telecom, waste treatment, drainage system have been completed. More than 20 enterprises, involving in the fields of banks, insurance, financial leasing, hotels, overseas warehouses, fishery products processing, edible oil processing, pipe, furniture manufacturing, electric vehicle assembly, trade and logistics, have already been registered in the FZ.
An amount of US$ 270 million has been incurred by COPHC/Gwadar Free Zone Company for developing the initial area of GFZ on 60 acres of land. Additional investment is also being made from 5 main investors, investing in industrial units, logistic business centers, and some commercial services in Initial Area.
Advisor to the Chief Minister of Balochistan for Sports and Youth Affairs, Meena Majeed, visited the Pak-China Technical and Vocational Institute Gwadar