The most modern and the largest 246 million dollar New Gwadar International Airport will be operational by September 2023 to welcome local and international flights at the port city.
According to an official source, being built on an area of 4,300 acres, the airport’s different units are at different stages of development and the overall construction of the airport would be finished before September 2023.
The New Gwadar International Airport is being managed and operated by the Civil Aviation Authority and is owned by a tripartite venture between Pakistan, Oman, and China.
It is a part of the gigantic China-Pakistan Economic Corridor project, a cornerstone of China’s One Belt One Road (OBOR) initiative.
It will stimulate the development of the Gwadar peninsula and boost trade between Pakistan and China, hence transforming the geopolitical status of the region into the geo-economic hub of investment and trade opportunities.