Project ID: 52424

Chinese Government provides $230 million grant for New Gwadar International Airport Construction Project

Commitment amount

$ 230000000.0

Constant 2017 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Pakistan

Sector

Transport and storage (Code: 210)

Flow type

Grant

Concessional

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2017

Implementation

2019

2019-10-31

Actual start

Geography

Description

In January 2015, the Chinese Government announced that it would soon begin construction of the New Gwadar International Airport in Pakistan. The Government of Pakistan then allocated 3000 acres of land 26km to the northwest of the current Gwadar International Airport for the construction of the new airport. On May 13, 2017, the Chinese Government signed letters of exchange for a $230 million grant for the construction of the New Gwadar International Airport. Upon completion, the airport will reportedly be capable of handling a combination of ATR 72, Airbus A-380, Boeing B-737 and Boeing B-747 for domestic and international routes. Covering an area of 18 square km, the new airport will also be the second largest airport in Pakistan. The airport is located in Gurandani area, some 26 km northeast of Gwadar city of Balochistan province. The contractor responsible for project implementation is China Airport Construction Group Corporation (CACC). The groundbreaking ceremony for the New Gwadar International Airport took place on March 29, 2019. Construction then began on October 31, 2019. Upon completion, the airport will link Pakistan's fast-rising southwest Gwadar port city with the rest of the world. The airport is located in Gurandani area, some 26 km northeast of Gwadar city of Balochistan province.

Additional details

The Chinese project title is 巴基斯坦瓜达尔新国际机场. China’s MOFCOM reports that this project is China's largest development assistance project in Pakistan.

Number of official sources

11

Number of unofficial sources

15

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Details

Cofinanced

No

Receiving agencies [Type]

Government of Pakistan [Government Agency]

Implementing agencies [Type]

China Airport Construction Group Co., Ltd. (CACC) [State-owned Company]