BRI Factsheet Series – Gwadar East-Bay Expressway

The Gwadar East-Bay Expressway is part of a larger series of construction projects in Gwadar under the framework of the China-Pakistan Economic Corridor (CPEC). The 19km long, six lane expressway will connect the Gwadar Port with the Makran Coastal Highway and is a direct route for cargo traffic to and from the port.

 

The Gwadar Harbour starting point of the Gwadar East-Bay Expressway Picture Credit: Sierra Exif

Project Information

Project name
Gwadar East-Bay Expressway

Type
Transport 

Location
Balochistan/Pakistan 

BRI Corridor
China-Pakistan Economic Corridor (CPEC)

Current Status
Under Construction

Project Start
Approval of Executive Committee of the National Economic Council in January 2015

Start of Construction
22. November 2017

Planned Completion Date
December, 2018

Chinese Involvement
Financing, construction

Projected Total Project Costs
USD 168 million

Financing
In August 2015 the Chinese government announced that the concessionary loans for several projects in Gwadar totaling $757 million were to be converted into a 0% interest loans for which Pakistan will only be required to repay the principal value. The East-Bay Expressway project is also financed through one of these 0% interest loans. The source of funding is the Chinese Government.

Operator
Gwadar Port Authority

Chinese contractors
China Communications Construction Company (CCCC)

Condition of contract
The contract was awarded in government-to-government mode, since China provides an interest-free loan for projects under CPEC. Only Chinese state-owned companies were able to apply for the contracts. Three Chinese companies – China Communication Construction Company, China State Engineering Construction Company, CATIC Civil – were nominated through the Chinese Government. The China Communication Construction Company was awarded with the contract.

Additional Project Information

The projects in Gwadar are conducted under a Framework agreement with the National Development and Reform Commission (NDRC) People’s Republic of China and a MoU with Ministry of Commerce People’s Republic of China (MOFCOM) and the Exim Bank. Additionally a MoU for the Gwadar East-Bay Expressway was signed between the Gwadar Port Authority and the Chinese Construction Company.

Further Information

CEPEC – China Pakistan Economic Corridor
Gwadar Expressway cost capped at $168m
Gwadar’s East-Bay Expressway to Be Completed By Dec 2018
MoU signed for CPEC project in Gwadar

Belt and Road Projects (selection)

Vollbildanzeige

Leave a Reply

Your email address will not be published. Required fields are marked *