Gwadar East Bay Expressway
Gwadar East Bay Expressway (Urdu: مشرقی خلیج بزرگرہ, Balochi: دیمی زر بزرگرہ) is a municipal expressway in Gwadar, Balochistan, Pakistan. The six lane expressway was inaugurated by Prime Minister of Pakistan Mian Muhammad Shahbaz Sharif on 3 June 2022. It connects Gwadar Port to the Makran Coastal Highway. The Gwadar Port Authority is supervising the project.
Gwadar East Bay Expressway مشرقی خلیج بزرگرہ | |
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Route information | |
Maintained by Gwadar Port Authority | |
Length | 19 km (12 mi) |
Major junctions | |
From | Makran Coastal Highway |
To | Port of Gwadar |
Location | |
Country | Pakistan |
Highway system | |
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The project is developed as part of the "Early Harvest" scheme of China Pakistan Economic Corridor, and is part of a wider Rs. 170.667 billion (US$590 million) development package for the city and Port of Gwadar.
The cost of the project is approximately Rs. 14.7 billion (US$51 million), and will be financed by interest-free loans extended by China's state owned banks. Pakistan will be required only to repay the principal value of the loan. As a condition for receiving a zero-interest rate loan, bidding for the project was limited to Chinese state-owned companies, and the contract was awarded on a government-to-government basis.