GWADAR PORT CITY
A NEW GATEWAY OF THE WORLD, THROUGH CPEC
As a new Gateway port of Pakistan, China and Central Asia, Gwadar is destined to become one of the most important and modern cities of the world. Gwadar with its natural warm water deep seaport, will connect landlocked Western China and Central Asia to the Middle East, Africa and Europe giving a secure and shorter international trade route.
Gwadar is the nucleus of CPEC, the linking arm between land and maritime routes of China’s ambitious Trillion dollar “One Belt One Road” project connecting the whole of Eurasia Region. Gwadar port has officially been leased to China for 43 years, soon becoming the world’s largest transit and transhipment facility.
What is happening?
GWADAR IS RISING IN INVESTMENTS
The development of Gwadar under CPEC project is progressing at significant speed.
Gwadar is attracting large local and international investments.
With a number of projects under CPEC, including Energy, Infrastructure, Gwadar, Business Zones (SEZs), Roads & Motorways, Rail Based Mass Transit Gwadar is the place to be. The Gwadar International Airport has already been completed in 2017 and the Gwadar Expressway has been opened in 2018, making Gwadar the new Karachi.
Being located at the convergence of three of the most commercially important regions of the world, the oil-rich Middle East, natural resource rich Central Asia, and South Asia, Gwadar is about to become gateway to China, Pakistan and Central Asia.
“ CPEC will be a strategic game changer in the region, which would go a long way in making Pakistan a richer and stronger entity than ever before. ”
“China Overseas Ports Holding Company Pakistan (COPHC) has invested about US$300 million in rehabilitation of Gwadar port and construction of the free zone.”
The News, Pakistan
“Chinese partners say they would need around 38,000 skilled workers by 2023 for the Free Zone, according to Dostain Jamaldini, chairman of the Gwadar Port Authority.”
Voice of America (VOA) News, USA
“Officials expect Gwadar’s cargo handling capacity to increase to 1.2 million tonnes by the end of this year and 13 million tons by 2022, making it the largest port in South Asia.”