BRI Factsheet Series – New Gwadar International Airport

The New Gwadar International Airport (NGIA) is part of a larger series of construction projects in Gwadar under the framework of the China-Pakistan Economic Corridor (CPEC). The airport will be constructed 25km northeast of the existing Gwadar International Airport and is financed through China, Pakistan and Oman. The new airport is hoped to develop the Gwadar peninsula and foster trade especially between Pakistan and China and will be the biggest airport of Pakistan, operating under the open sky policy.

 

Project Information

Project name
New Gwadar International Airport (NGIA) Project

Type
Transport

Location
Balochistan/Pakistan 

BRI Corridor
China-Pakistan Economic Corridor (CPEC)

Current Status
Planning Phase

Project Start
2018

Planned Completion Date
31.12.2019

Chinese Involvement
Financing

Projected Total Project Costs
USD 246 million

Financing
A USD 662 million Chinese Government Grant was granted for land development, sea port and airport works in and around Gwadar. The New Gwadar International Airport Project is one of the projects financed through this Grant and Pakistan will not be required to repay it. Additionally, the Sultanate of Oman provides USD 17.5 million for the New Gwadar International Airport Project. Pakistan provides 4300 acres of land for the airport.

Operator
Pakistan Civil Aviation Authority (PCAA)

Ownership
Joint venture between Pakistan, Oman and China

Chinese contractors
China Communications Construction Company (CCCC) was awarded with the USD 246 million project of designing and constructing the New Gwadar International Airport.

Additional Project Information

The New Gwadar International Airport will be an airport for domestic as well as international routes and will operate under the open sky policy. The design and work plan has been agreed on and a Grant Agreement was signed in May 2017. The construction work is to start in 2018. The projects in Gwadar are conducted under a Framework agreement with NDRC and a MoU with MOFCOM and the Exim Bank. Unlike many of the other CPEC projects in Gwadar the New Gwadar International Airport is not financed by a loan from China, but through a Chinese Grant.

Further Information

CAPA – Centre for Aviation
CEPEC – China Pakistan Economic Corridor

Belt and Road Projects (selection)

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