China Eximbank provides $32 million concessional loan for Gwadar Port Free Zone and Export Processing Zone Construction Project

Funder	China (People's Republic of)
Recipient Organization	Pakistan
Country	Pakistan
Start Date	May 20, 2016
End Date	Feb 24, 2029
Duration	4,663 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`53723`

Grant Description

China Eximbank provides $32 million concessional loan for Gwadar Port Free Zone and Export Processing Zone Construction Project In 2016, China Eximbank provided a $32 million government concessional loan (GCL) for the Gwadar Port Free Zone and Export Processing Zone Construction Project.

The Gwadar Port Free Zone and Export Processing Zone Construction Project involved infrastructure construction around the Gwadar Port and the establishment of an economic free zone. Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.