The Global Social Network
The $246m airport is located in the volatile Balochistan region and is said to be the largest in Pakistan.
The proposed airport will span over an area of 4,300 acres and will be able to accommodate narrow-body aircraft, including ATR 72 and Boeing B-737, as well as wide-body aircraft such as Boeing B-747.
“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,” the sources told the publication.