New Gwadar International Airport to boost investments: Report

The airport is expected to play a key role in driving development in Gwadar and the broader Balochistan region
 

New Gwadar International Airport to become a vital transportation hub

The China-funded New Gwadar International Airport (NGIA) is poised to become a vital transportation hub, attracting both local and international investment, according to a report from Gwadar Pro published on Sunday.

NGIA, designed with modern airway features and a commitment to inclusive connectivity, is expected to play a key role in driving development in Gwadar and the broader Balochistan region. Historically, Balochistan and Gwadar have struggled with inadequate air connectivity, hindering economic growth and the establishment of businesses.

Effective air transport links significantly influence investment decisions, and the development of NGIA, alongside various projects under the China-Pakistan Economic Corridor (CPEC), marks a turning point for Balochistan. These infrastructure improvements are enhancing connectivity, linking the region more effectively with the rest of Pakistan and neighboring countries.

 

Read More          With the operationalization of the airport, Gwadar is set to transform into an economic hub



Given its strategic location, NGIA is also expected to enhance international trade, providing essential links between local businesses and global markets. This is particularly beneficial for tech-driven industries and suppliers of time-sensitive products.

By facilitating air travel, NGIA will enable companies to access a broader customer base, leading to substantial economic benefits. The increased exposure to global competition will encourage local businesses in Gwadar and Balochistan to enhance their efficiency.

Air transport is vital for industries relying on 'just-in-time' production processes, offering supply chain flexibility and reducing inventory costs. NGIA is well-equipped to meet these demands.

Moreover, airports play a crucial role in global supply chains, particularly for high-value and time-sensitive goods. NGIA’s capabilities in logistics and supply chain management will enhance productivity and competitiveness across various sectors in Balochistan.

 

Read More          Gwadar Airport to increase regional connectivity: Minister



Beyond improving travel, NGIA is set to stimulate the local economy by generating jobs and raising incomes. Airports typically create diverse employment opportunities, including roles for pilots, air traffic controllers, ground crews, and maintenance teams. The Civil Aviation Authority has already hired hundreds of skilled workers, primarily from Balochistan.

The economic impact of NGIA extends beyond its immediate vicinity. Local businesses, such as hotels, restaurants, and vehicle rental agencies, are expected to thrive, resulting in increased job opportunities and wages in these sectors, the report concluded.

Source: Pakistan Today

Post a Comment

Previous Post Next Post