Importance of gwadar port in world. Gwadar Port 2019-01-05

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Importance of Gwadar Port

importance of gwadar port in world

Indian Council of World Affairs. Both Pasni and Gwadar have been ports of call for the steamers of the British India Steam Navigation Company. Once fully operational, it will become a vital source of regional connectivity. It is not only cost effective but also safe and secure secure in comparison to the maritime route. The Saindak project had also been leased out to a Chinese firm. The first phase of the Gwadar port at a cost of 250 million dollars was being built with the Chinese assistance.

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Why Pakistan's Gwadar port is important for China

importance of gwadar port in world

This will enable Pakistan to bypass restive Afghanistan which is marred by terrorism and insurgency. Gwadar port is the warm water and deep sea port of Pakistan. Work on Phase I started in 1998 and was completed in December 2006, with a construction of a total number of four berths. In fact, Gwadar enjoys the status of a third Deep Sea Port of Pakistan which has a special significance with reference to trade links with Central Asian Countries, Persian Gulf, East Africa, United Arab Emirates and North Western India. In this article Pakistan-China relations would be hi-lighted in repercussions of India. With its local tourist spots coming into notice, it has attracted a significant amount of tourists, which increase every year.

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(PDF) Strategic Importance of Gwadar Port

importance of gwadar port in world

After completing the first phase of this key project they have offered bids for the construction to be carried out in the second phase. Considering all these threats, It is highly needed on the part of Pakistan that she should deal with Pak China economic corridor with the depth of its heart. The practical implications of study are future directions are also discussed. The potential oil pipeline would bring china and Pakistan many economic benefits. Asghar Ali Shad, Research Fellow, delivered the lecture. In 1992, Gwadar fish harbor reached its completion. The second power transmission line is taken from Jiki Gwar in Iran to Gwadar via Mand, ensuring a double supply of power to Gwadar.

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Gwadar Port

importance of gwadar port in world

The other incentives announced by Govt are summarized as under: Positive approach towards private sector involvement. It will also allow China to keep an eye on any Navy activities in the Arabian Sea and the Persian Gulf. China is also helping in the construction of many other associated projects including railroad links and industrial complexes. It is also the nearest warm-water seaport to the landlocked, but energy rich, Central Asian Republics and landlocked Afghanistan. Oil refinery and large oil storages.

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Importance of Gwadar Port for Pakistan : tring.me

importance of gwadar port in world

The Gwadar enclave sold to Pakistan effective 8 December 1958. Gwadar was built with financial and technical assistance from China, which took operational control after the Port of Singapore Authority pulled out of a 40-year port management and development contract because it was unable to get the land it sought to develop a free trade zone. A major part of its work program is focused on the fast-track construction of roads, other infrastructure, and public building 3. The operational rights of Gwadar port in firs t instance were given to Port of Singapore Authority but later the agreement was transferred to Chinese state owned company, China Overseas Ports Holding Company Limited on Jan 30, 2013. They are reportedly investing in the project which will give a fillip to trade and commerce in the whole region. Compared to this Gwadar port is only at a distance of 2,500 km from China and the port will be working the whole year because of its hot waters.

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China’s strategic interests in Pakistan’s port at Gwadar

importance of gwadar port in world

With the construction of a third port, it is estimated that Pakistan will not only be able to meet its own requirements of the future but also offer its port facilities to the neighboring countries. Interests of regional and extra regional players in Central Asian hydrocarbon reserves have invigorated the value of Gwadar Port. Beijing intends to lay a pipeline from Kyaukpyu to Yunnan province a Economy: --it is the third important International port in Pakistan after Karachi and Qasim ports. Gwadar can change the strategic environment and economy of the entire political community. The Balochistan Point is an online English newspaper from Balochistan, launched on October 16, 2010.

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International Port City Gwadar

importance of gwadar port in world

The opening up of Wakhjir Pass by China will surely improve regional trade and relations; however, India feels threatened as it thinks that the opening up of the Wakhan Corridor will be an outflanking maneuvre against its interests in Indian-held Kashmir; however, it cannot remain aloof of other regional and extra regional players and will be forced to share Central Asian energy resources for its economic development along with countries under the U. Services ie hotel accommodation, tourism etc. Gwadar Port located in proximity of Arabian Gulf and Central Asian Republics provide it unique opportunity to serve both. As the Gwadar Port provides China with unremitting access to the Arabian Sea, it will help the Chinese Navy to monitor oil routes and trade links to South Asia. The success of the project depends on the policies adopted by the Pakistan government. It is a bigger project that probably in near future will provide a route to the landlocked countries of central Asia and to many others for perfect way out about the Importance Of Gwadar Sea Port For Pakistan. To ensure the uninterrupted energy supply line it is in absolute interest of china not to abandon Gwadar project.

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Gwadar Port: Implications for GCC and China(continued)

importance of gwadar port in world

The corridor being part of the Heart Land and it linkage with the oil rich Strait of Hurmoz at the Pangaea Junction further adds to its trade value. The port holds great strategic and economic significance for Pakistan. She contributes regularly to leading national and international dailies. Plz pray, Sardarzada Located at the entrance of the Persian Gulf and about 460 kms from Karachi, Gwadar has had immense Geostrategic significance on many accounts. Pakistan, could not cash on this opportunity earlier due limited resources which Gulf countries did and so have well established ports these days. .


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Strategic Importance of Gwadar Port

importance of gwadar port in world

A year later, China confirmed that it would be taking control of Gwadar, which they believe has the potential to serve as an oil pipeline hub for Chinese energy needs. It is about 533 km from Karachi and 120 km from the Iranian border. Iran should consider using Gwadar for its oil exports to China. While carrying out feasibility study for development of Gwadar port both Karachi and Bin Qasim were also considered for such development but found not attractive to major shipping agencies due to remoteness from main shipping routes, limitations of draft and comparatively long turn around time. Therefore, the interest of China in the development of Gawadar port is infact in the interest of Chinese economy.

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Dubai vs Gwadar: port cities chart a course for share of world’s economy

importance of gwadar port in world

The details about the administrative structure of the police under the plan were also stated on the occasion. Chinese oil ships from the Middle East and Africa will cross the Bay of Bengal and unload at these ports, allowing oil to be piped to Yunnan. Tax holidays for ten years from date of commencement of commercial operations. Published in The Balochistan Point on September 21, 2014. The Gwadar Port will bring about economic and political gains in the regional and international politics. Gwadar has the potential to acquire the status of a center piece as a gate to Strait of Hormuz; it can compete with the ports by improving the exiting links to Caspian Region, and thus providing a better trade route to the land locked Caspian Region. If it works on its projected aims, it is assumed that it will provide Pakistan with an immense opportunity to grow in the field of economy.


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