PakAlumni Worldwide: The Global Social Network

The Global Social Network

Will Gwadar Grow to Become a Major Metropolis Like Shenzhen?

"We believe Gwadar is following in the footsteps of Shenzhen which represented a historic population rise, from a population of 30,000 in 1980 to 11 million people in 2017. Gwadar is poised to see massive population growth due to incoming industries, and we expect this to be one of the most strategic cities in South Asia." Hao-Yeh Chang,  China Pak Investments Corporation

Gwadar: The Next Shenzhen?

Gwadar is booming. It's being called the next Shenzhen by some and the next Hong Kong by others as an emerging new port city in the region to rival Dubai. Land prices in Gwadar are skyrocketing, according to media reports. Gwadar Airport air traffic growth of 73% was the fastest of all airports in Pakistan where overall air traffic grew by 23% last year, according to Anna Aero publication.  A new international airport is now being built in Gwadar to handle soaring passenger and cargo traffic.

Recent Aerial View of Gwadar Hammerhead Growth

Gwadar Property Boom:

The volume of Gwadar property searches surged 14-fold on Pakistan’s largest real estate database, Zameen.com, between 2014 and 2016, up from a prior rate of a few hundred a month. “It’s like a gold rush,” said Chief Executive Zeeshan Ali Khan to an Express Tribune newspaper reporter. “Anyone who is interested in real estate, be it an investor or a developer, is eyeing Gwadar.”

Chinese private investment company China Pak Investment Corporation has recently announced it is acquiring 3.6 million square foot International Port City project in Gwadar. It plans to develop a $150 million gated community to handle the influx of 500,000 Chinese professionals expected in Gwadar by 2022.

Proposed Gwadar International Airport

China Pak Investment Announcement:

On October 20, 2017, Pakistan's Geo TV news reported that China Pak Investment Company plans to increase its commitment to  invest $500 million in Gwadar in the first phase of a project aimed at building homes for around 500,000 incoming Chinese professionals expected in Gwadar by 2023. An earlier September 29, 2017 press release by China Pak Investment Corporation said as follows:

"The final master plan for China Pak Hills is currently being refined in Hong Kong, and will feature a range of state-of-the-art amenities including an open-air shopping boulevard; indoor shopping mall; restaurants and eateries; an international school and nursery; six community parks; indoor and outdoor sports facilities including tennis courts and a resident's gymnasium; a water desalination plant and recycling centre. China Pak Hills will also be home to the Gwadar Financial District, catering to the growing financial sector and adding much needed A Grade office space to Gwadar's growing market."

Gwadar Port Development:

Gwadar port's planned capacity when it is completed will be 300 to 400 million tons of cargo annually.  It is comparable to the capacity of all of India's ports combined annual capacity of 500 million tons of cargo today.   It is far larger than the 10-12 million tons cargo handling capacity planned for Chabahar.

To put Gwadar's scale in perspective, let's compare it with the largest US port of Long Beach which handles 80 million tons of cargo, about a quarter of what Gwadar will handle upon completion of the project. Gawadar port will be capable of handling the world's largest container ships and massive oil tankers.

Gawadar port is being built in Pakistan by the Chinese as part of the ambitious $46 billion China-Pakistan Economic Corridor (CPEC) that will eventually serve as Hong Kong West for  growing Chinese trade with the Middle East and Europe.  CPEC will also enable Pakistan to bypass Afghanistan to trade with Central Asia through China across China's borders with Tajikistan, Kyrgyzstan and Kazakhstan.

India's Strong Opposition: 

Pakistan suspects that India's real objective in Afghanistan and Iran is to locate its intelligence agents under the cover of Chabahar port construction workers to sabotage China-Pakistan Economic Corridor (CPEC) and support Baloch insurgency to destabilize Pakistan. These suspicions were strengthened when Indian spy Kulbhushan Yadav, operating under the fake name Husain Mubarak Patel, was arrested in Balochistan in March, 2016. Yadav confessed he was operating as an undercover RAW agent from his base in Chabahar, Iran. Indian Prime Minister Narendra Modi has made no secret of his strong opposition to CPEC and his support for Baloch insurgents.

Chinese Commitment to Pakistan: 

Unlike US-Pakistan ties that have been essentially of a transactional nature, Pakistan-China relationship appears to truly strategic.  A recent book "The China Pakistan Axis: Asia's New Geopolitics" by American policy analyst Andrew Small quotes a top Chinese official as saying to his American counterparts that "Pakistan is China's Israel". Earlier, in 2011, some news reports quoted Chinese officials as warning that "any attack on Pakistan would be construed as an attack on China".  Growing Chinese investment commitments in Pakistan now exceed $100 billion, a further indication of the importance China attaches to Pakistan as one of its closest allies.

Summary:

China-Pakistan ties appear to be truly strategic.  The strength of Chinese commitment to Pakistan is increasing with growing investments in China-Pakistan Economic Corridor related projects. It is now highly visible in terms of the influx of the Chinese money and citizens into Pakistan. China's actions on the ground reinforce the credibility of Chinese officials' reported quotes describing Pakistan as "China's Israel" and warnings to the United States that "any attack on Pakistan would be construed as an attack on China".

Related Links:

Views: 370

Comment by Riaz Haq on October 24, 2017 at 5:53pm

#China Turning #Pakistan's #Gwadar Port Into Regional Giant. #CPEC

https://www.voanews.com/a/pakistan-china-gwadar-port/4084175.html

An unprecedented Chinese financial and construction effort is rapidly developing Pakistan’s strategically located Arabian Sea port of Gwadar into one of the world’s largest transit and transshipment cargo facilities.

The deep water port lies at the convergence of three of the most commercially important regions of the world, the oil-rich Middle East, Central Asia, and South Asia.

Beijing is developing Gwadar as part of the China-Pakistan Economic Corridor, known as CPEC. The two countries launched the 15-year joint mega project in 2015 when President Xi Jinping visited Islamabad.

Under the cooperation deal construction or improvement of highways, railways, pipelines, power plants, communications and industrial zones is underway in Pakistan with an initially estimated Chinese investment of $46 billion.

The aim is to link Gwadar to landlocked western China, including its Muslim-majority Xinjiang region, giving it access to a shorter and secure route through Pakistan to global trade. The port will also provide the shortest route to landlocked Central Asian countries, including Afghanistan, through transit trade and offering transshipment facilities.

Chinese fuel imports and trading cargo will be loaded on trucks and ferried to and from Xinjiang through the Karakoram Highway, snaking past snow-caped peaks in northern Pakistan.

‘Qualitative change’

Gwadar will be able to handle about one million tons of cargo annually by the end of the year. Officials anticipate that with expansion plans under way, the port will become South Asia’s biggest shipping center within five years, with a yearly capacity of handling 13-million tons of cargo. And by 2030, they say, it will be capable of handling up to 400-million tons of cargo annually.

China has in recent months begun calling CPEC the flagship project of its global Belt and Road Initiative, or BRI. The “qualitative change” from an experimental project to flagship project underscores the importance Beijing attaches to CPEC, said Zhao Lijian, the deputy chief of mission at the Chinese embassy in Islamabad.

Out of 39 “early harvest” projects under CPEC, 19 have since been completed or are under construction with a Chinese investment of about $18.5 billion, Lijian told VOA. The progress makes it the fastest developing of all of at least six BRI’s corridors China plans to establish, added the Chinese diplomat.

Comment by Riaz Haq on October 24, 2017 at 9:08pm

THE EXPRESS TRIBUNE > BUSINESS
Pakistan’s construction industry – the hot cake for foreign investors

By Tehreem HusainPublished: October 23, 2017

https://tribune.com.pk/story/1538687/2-infrastructure-building-paki...

The construction industry is playing an important role in economic growth of Pakistan. Recent (provisional) estimates published in the Economic Survey of Pakistan show that the industry grew 9.1% in FY17 and contributed 2.7% to the country’s gross domestic product (GDP).

BMI Research has also provided a healthy growth outlook for the sector, putting it at 11.8% annually from 2016-20 and 9.1% over 2016-25.

The signing of the China-Pakistan Economic Corridor (CPEC) agreement and improvement in the country’s security situation have been the key to giving boost to not only the construction industry, but Pakistan’s image abroad. With China having the first-mover advantage in injecting foreign investment into the country, other countries have followed suit.

The sector has also been an important recipient of foreign direct investment (FDI). This can be judged from the latest figures provided by the State Bank of Pakistan, which show that the construction industry received a net inflow of $35.7 million in August 2017.

How attractive the industry is perceived to be for foreign investors can be gauged from the fact that in the current fiscal year from July-August FY18 the industry has received $55.7 million relative to $1.6 million in the same period of last year.

Locally, investment has also been boosted by government policies such as reduction in duties and taxes on building materials like steel, construction machinery and equipment and computerisation of land ownership records.

Comment by Riaz Haq on November 3, 2017 at 4:32pm

Large-scale #manufacturing in #Pakistan sees 11.3% growth in first two months of FY 2017-18

https://en.dailypakistan.com.pk/business/large-scale-manufacturing-...


LSM share stands at 80pc in total manufacturing

Large-scale manufacturing (LSM) observed a growth of 11.3 percent during first two months (July-August) of fiscal year 2017-18 on year-on-year basis.

According to the data by the Pakistan Bureau of Statistics, the sector recorded an increase of 13 percent in July. The annual growth target for the LSM is 6.3pc, while it had achieved 5.6pc in previous financial year 2016-17.

In August, the LSM observed a growth of 8.5 percent on annual basis.

In total manufacturing, LSM’s share stands at 80pc, while small-scale manufacturing constitutes 13.7pc. Similarly, the mega manufacturing constitutes 10.7pc of total GDP (Gross Domestic Product) against 1.8pc of small level manufacturing.

As per Ministry of Industries’s data regarding 36 products, these items made 5.44pc of total LSM growth in August. The share of 65 items, whose manufacturing data is provided by provincial bureaus of statistics, recorded at 1.3pc.

The Oil Companies Advisory Committee’s (OCAC) data regarding 11 items stated that theses items contributed 1.8 percent in growth of LSM during the second month.

Comment by Riaz Haq on November 21, 2017 at 10:27pm

Govt denies rumours of $500 million Chinese investment in Gwadar real estate

https://www.pakistantoday.com.pk/2017/10/23/govt-denies-rumours-of-...

The federal government on Monday warned the general public not to pay any heed to the rumours about a heavy investment, allegedly made by a Chinese in the real estate business in Gwadar, and asked the investors not to invest in any phoney company which might be involved in a massive fraud.

In an official statement, the spokesman of Ministry of Planning, Development and Reform cautioned the public at large not to pay heed towards an alleged investment of US $500 million in Gwadar’s real estate business under the name of ‘China Pak Hills’.

Apropos news item – “Chinese company invests $500 million in Gwadar residential project” – published in a section of the press, has claimed that China Pak Hills has invested US $500 million in Gwadar’s real estate business. It is to put on record that Gwadar Development Authority (GDA) has not issued any No Objection Certificate (NOC) to a housing project named as ‘China Pak Hills’, said an official handout by China Pakistan Economic Corridor (CPEC) Secretariat at Ministry of Planning, Development and Reform.

“The report is baseless and highly exaggerated. Even GDA has no information about $500m Chinese investment in the housing sector,” said the spokesperson.

He further stated that the news item presented a highly exaggerated scenario about Chinese professionals shifting to Gwadar by 2023. “The newspaper should have contacted the ministry of planning before publishing such news item having such content,” the statement added.

Comment by Riaz Haq on January 22, 2018 at 5:15pm

Mega #oil city to be constructed in #Gwadar as part of #CPEC. Plan includes oil terminal and storage tanks, oil #refinery and #petrochemical #industrial complex. #Pakistan #China

https://www.thenews.com.pk/print/271367-mega-oil-city-to-be-constru...

ISLAMABAD: Pakistan has decided to construct a mega oil city at Gwadar on 80,000 acres under much hyped China Pakistan Economic Corridor (CPEC).

This mega oil city will be used for transportation of imported oil through the Gwadar Port to China. The oil will be imported from Gulf and will be stored at this proposed mega Gwadar oil city.

The distance to China will be reduced, and it will take just seven days to cover the distance from Gwadar to Chinese border as import through western China took almost 40 days by covering double distance.

“We have forwarded PC-1 to the Ministry of Petroleum for acquiring 80,000 acres for this mega oil city at Gwadar with estimated cost of Rs10 billion. There will be additional cost for construction of its storage and other aligned facilities with the help of investments,” Director General, Gwadar Development Authority (GDA), Dr Sajjad H Baloch, told Islamabad based journalists who visited the Gwadar Port last week. This visit was arranged by the Planning Commission in order to show case different ongoing projects under CPEC.

A refinery, petrochemical industries and storage will be established in the oil city, he added.

The Gwadar oil city, he said, would be used for storing oil for its onward transportation to China. Usually, it takes 40 days for vessels to transport oil to China but via Pakistan it will reach China within 7 days, he added. He said that the total area of Gwadar Model City is 290,000 acres which includes 160,000 acres of residential area while the remaining is for industrial purposes. A Chinese company is working on the Model City Plan and it will be ready by August 14, 2018.

To another query regarding different measures for overcoming water shortages at Gwadar, he said that the current water requirement stood at six million gallons per day and there is no direct water supply taking place to the area. Two MGD water is being supplied from two water small dams through tankers and nearest distance is almost 70 kilometres.

“We have a deficit of four million gallons per day in water supply to the area,” he said and added that by 2020, the water requirement of Gwadar would be 12 million gallons per day, for which additional arrangements were made to get 10 million gallons of water.

New Gwadar International Airport: Earlier, the journalists visited the site of proposed new airport at Gwadar. The China Airport Construction Group Engineering Company representative Jianxin Liao told the visiting journalists that they were conducting soil investigation on the basis of which, the design of new airport at Gwadar will be finalised. He said that the procured land for this new airport stood at 4,300 acres, and this airport will possess capacity to handle one million passengers on annual basis. He said that by April this year the design will be completed after which the cost of the project will be estimated. It will be the biggest airport of Pakistan.

The Civil Aviation Authority (CAA) representative Zohaib Soomro said that the initial cost of the project was estimated at $228 million, but its cost would be finalised after completion of design, and it would be estimated again.

The sources said that it would be premature to give any assessment related to cost, but it would be more than $2 billion to $2.7 billion at least if we want to construct state of the art airport in accordance with international standards.

Comment by Riaz Haq on January 29, 2018 at 10:57am

Pakistan, China Jointly Showcase Arabian Sea Gwadar Port

https://www.voanews.com/a/pakistan-china-jointly-showcase-arabian-s...

Pakistan and China have jointly organized the first international exhibition to showcase the significance of the Arabian Sea Gwadar Port and its economic free zone as an emerging international business hub.

The warm water deep sea commercial port, which overlooks some of the world’s busiest oil and gas shipping lanes, has been built and recently expanded with Chinese financial assistance.

More than 200 companies from both China and Pakistan were present in Monday’s event at Gwadar, while six Chinese provinces also sent their representatives, said Beijing’s ambassador to Islamabad, Yao Jing, while addressing the ceremony.

Foreign diplomats and business leaders were also invited to the opening session of the two-day event.

Chinese operators of the port say the Gwadar Free Zone shall bring extensive economic benefits, like a tax holiday for 23 years and land lease up to 99 years to the upcoming businesses along with other incentives and pro-business policy frame work for general trade, services, manufacturing, logistics, trans-shipment and bunkering business.

Direct benefit for Pakistan

Gwardar port is to be a trans-shipment hub connected to landlocked western Chinese regions, giving Beijing a secure and shorter international trade route through Pakistan.

Gwadar is celebrated as the gateway to the China-Pakistan Economic Corridor, or CPEC, a flagship of President Xi Jinping’s global Belt and Road Initiative to build a new “Silk Road” of land and maritime trade routes across more than 60 countries in Asia, Europe and Africa.

Under CPEC, networks of road, communications, rail, economic zones and power plants are being built and upgraded in Pakistan with an estimated Chinese investment of $62 billion.

Around $27 billion in projects are underway or completed, including “early harvest” energy projects, adding much-needed electricity to Pakistan’s national grid.

“I would like to say that the Chinese government will continue to invest and send our input to further support the development of this project. Also, we will encourage Chinese companies and Chinese businessmen to join the development of Gwadar,” vowed Chinese envoy Jing.

Wider benefit planned

During the ceremony, Pakistani Prime Minister Shahid Khaqan Abbasi said CPEC is the “most visible part” of China’s of BRI, saying the mega project will cater not only to the needs of his country, but to the needs of the region.

Officials expect Gwadar’s cargo handling capacity to increase to 1.2 million tonnes by the end of this year and it will be able to process about 13 million tons by 2022, making it the largest port in South Asia.

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. He says of the 2,500 current workers, around 500 are Chinese nationals and the rest are locals.

An international airport with a 12,000 meter runway is being constructed in the once sleepy town with a Chinese financial grant of around $300 million.

The Arabian Sea port is located in Pakistan’s largest province of Baluchistan where militant groups, including Islamic State, and a low-level insurgency remain key security challenges to CPEC.

Additionally, the corridor runs through Pakistan-controlled portion of the divided Kashmir region, drawing objections from rival India. The United States suspects China may also turn Gwadar into a military base.

But Chinese officials reject those concerns, maintaining “CPEC is merely an economic cooperation project,” and Islamabad dismisses New Delhi’s opposition as politically motivated.

Comment by Riaz Haq on February 2, 2018 at 7:38pm

#Pakistan’s port city gains economic vitality after free zone launched. Will #Gwadar be next #Honkong or #Dubai? #CPEC #China #SEZ http://www.hellenicshippingnews.com/pakistans-port-city-gains-econo...

For decades, Pakistanis have dreamed for Gwadar to become the next Dubai. Yet the port city in southwestern Pakistan, despite its advantageous location on the shores of the Arabian Sea, had long remained underdeveloped in the past.

Recently, the economy of the prominent city in the China-Pakistan Economic Corridor (CPEC) plan seems to gear up, especially with the launching of the Gwadar free trade zone on Jan. 29, reviving hopes for it to become a global trade hub.

Launching of the free trade zone was a historic moment. It is the beginning of a dream coming true, Ahsan Iqbal, Pakistani Minister for Interior and Minister for Planning, Development and Reforms, said at the launching ceremony.

RAPID PORT DEVELOPMENT

Less than a year ago, the Gwadar port complex was still a giant construction site. Now it has become a brand new modern harbor boasting giant brand new cranes, hotels, warehouses, factories and a business center.

The unprecedented pace of development convinced locals of the future of Gwadar.

“Gwadar will lead the take-off of Pakistan’s economy. It will be the next Dubai or Hong Kong,” local banker Masood Awan said.

Gwadar Expo, a two-day trade fair, coincided with the opening of the free trade zone. Muhammad Niazi, a seafood exporter, had planned to represent his company at the event, but failed to get a booth as more than 5,000 companies had vied for just 150 vacancies.

More than 25,000 people visited the trade fair, according to China Overseas Ports Holdings Co. (COPHC), which took over the operation of the port in 2013.

Pakistan International Airlines (PIA) had to increase the frequency of its flights from Karachi to Gwadar from one to two per day, while announcing that a new flight from Pakistan’s capital Islamabad to Gwadar will be open by the end of the year.

Even without a booth, Niazi and his colleagues flew to Gwadar from Pakistan’s largest city of Karachi. He stayed after the trade fair closed on Jan. 30, busy making new business contacts.

“We are determined to expand our business to Gwadar. The speed of development is just amazing,” Niazi said.

BETTER CITY LIFE

More than 30 Chinese and Pakistani companies are investing some 500 million U.S. dollars in the free trade zone, said Hu Zongyao, deputy general manager of the Gwadar free trade zone, which is expected to bring thousands of jobs to the fishing city of less than 100,000 population.

Also, COPHC have worked with the local government and Chinese organizations to help improve living conditions in Gwadar, including the installation of desalination facilities to provide a million gallons of drinking water to local residents.

China’s Red Cross Society helped build a medical station, while China Foundation for Peace and Development help set up a primary school there.

“Better living conditions means better investment environment and more talents. Helping the locals is also helping ourselves,” Hu said.

“Investment by experienced and competent Chinese companies is encouraging for the future of Gwadar. The port will one day become a top destination for business and tourism, a regional, even global trade center,” said Dostain Khan Jamaldini, chairman of Gwadar Port Authority.

The construction of the city is a long-haul endeavor. It takes time to build infrastructure, find investment and talents and cultivate economic vitality. Eventually the city will grow as evidenced by many global cosmopolitans that had been fishing villages.


Wade Shepard, a Forbes contributor, believed a “clearly stated plan” is behind CPEC’s progress. China and Pakistan publicized a long-term plan for CPEC in 2017.

Comment by Riaz Haq on April 21, 2018 at 4:28pm

Chinese giant to build Gwadar’s first luxury Golf Community

https://www.thenews.com.pk/latest/307352-chinese-giant-to-build-gwa...

State-owned Chinese construction company China Civil Engineering Construction Corporation (CCECC) has announced that it has entered into agreement for the construction of Gwadar's first luxury gated Golf Community with a Pakistani company.

Empire Properties, the Pakistan registered company, and the CCECC have signed a memorandum of understanding as the prospective contractor for the construction of China Pak Golf Estates, Gwadar's first luxury Golf Community.

The $265 million development is a milestone in the development of Gwadar and will deliver the emerging port city’s most premier residential and lifestyle destination, said a joint press release issued here.

Commenting on the partnership Mr Wang Lei, Managing Director CCECC (Pakistan) said: "It is a great honour to be working alongside a forward thinking international conglomerate like CPIC. China Pak Golf Estates is a ground breaking development for not only Gwadar but Pakistan and we are honoured to be a part of this monumental project and contributing to the growth story of Emerging Pakistan. CCECC are a leading global contractor with 39 years of experience in over 40 countries delivering high quality projects ranging from civil engineering design and consultancy to real estate development. We aim to deliver a timeless community in China Pak Golf Estates that will set a new standard to master community development in Pakistan."

Afzal Shah, CEO or Empire Properties said: "China Pak Golf Estates will truly set a new standard to real estate community development in Pakistan and there isn't a better company we could be working with to deliver this grand vision than CCECC. I would like to extend a warm welcome to Mr Wang Lei and his team as we embark on this virtuous journey together. Our vision extends beyond developing Pakistan's finest communities, we will change the fabric of Pakistan's real estate industry by setting a new benchmark for integrity and transparency in a market that at times can be described as less than open. Our goal is to elevate the market to the same standards as established international markets. This will result in the introduction of institutional investment which in turn will revolutionise the country’s real estate sector and deliver the quality of life Pakistanis deserve".

Comment by Riaz Haq on April 1, 2019 at 8:00pm

#Pakistan’s #Gwadar International #Airport will be the largest in the country. Spread over an area of 4,300 acres, it will be able to land Airbus #A380, the biggest wide-body passenger #aircraft. #Balochistan #China #CPEC http://bit.ly/2YF8a4k

The construction of the airport will be completed within three years at the cost of US$256million.

Unlike other projects under the China-Pakistan Economic Corridor (CPEC) are operating under concessional loans, the Airport is planned under a Chinese grant.

The airport will also be the biggest in Pakistan at an area of 4,300 acres.

It will be the biggest airport of Pakistan. In comparison to other airports like Karachi Airport (3,700 acres), Islamabad International Airport (3,600 acres), Lahore Airport (2,800 acres), the Gwadar Airport will be built on 4,300 acres.


--------

The airport is one of several development projects in Gwadar worth $690 million which the Chinese government is financing as part of its Belt and Road Initiative.

------------
The project is part of overall infrastructure development of Balochistan. It would be developed as a green-field facility with all modern facilities for safe operation.

The project would comprise a modern terminal building with cargo terminal having initial handling capacity of 30,000 tons per year.

On this occasion, a memorandum of understanding (MoU) was signed for construction of Pakistan and China Vocational Training Institute and Pak-China Friendship Hospital.

Prime Minister Imran thanked the Chinese Ambassador for the grant given by the Chinese government for the airport.

Benefits to local people
He categorically said any development would be of no use unless it benefited the local people.

He said in the past, the locals were ignored while executing the development projects in Balochistan. He said gas worth billions of rupees was extracted from Sui but it could not change the living standard of the local people.

He said it was pleasing that the capacity of the hospital in Gwadar would be enhanced and a vocational training institute would also help create employment opportunities.

Prime Minister Imran announced to launch Insaf Sehat Card (health card) to provide health insurance cover worth Rs720,000 to every family.

He said previously power was being transmitted from Iran, but now the government had decided to link the area with national grid.

Desalination plant
A desalination plant would also be set up in the city and under Clean and Green Pakistan, one million saplings would be planted. Besides, a solid waste management system would also be established to protect the area from pollution.

He said following the models of Dubai, Abu Dhabi and Sharjah, the government had decided to recycle water in Gwadar to water the plants.

He told the gathering that Gwadar and Quetta would be linked through railways as it was the best travel mode but unfortunately Pakistan had been lagging behind in this sector.

Rail links
He said Chinese support was being sought to upgrade railway lines as China had the most advanced rail system. A high-speed rail link would cut travel time bewteen Karachi and Lahore to within four hours, instead of 18 hours by car, or 21 hours by bus at the moment.

Khan said having located at an ideal location and being well connected, Gwadar’s development would be the development of whole of Pakistan.

During the development process of the new airport, the existing airport’s capacity would also be enhanced by making it capable of transporting big aircrafts.

With the establishment of new international airport, the Gwadar city would become hub of aviation industry and it would also help elevating the CPEC framework.

Comment by Riaz Haq on April 11, 2019 at 9:09pm

#Balochistan’s #CPEC potential. #Industrial zones are planned for #Quetta, #Gwadar, Khuzdar, Uthal, Hub and Dera Murad Jamali as well as #mineral processing zone for extraction of #copper, #gold. Gwadar port city will rival #Dubai. #Pakistan https://dailytimes.com.pk/375458/balochistans-cpec-potential/


So how will CPEC benefit Pakistan and Balochistan? The answer is simple: through development. The deep sea port holds great trade potential. The infrastructure development will prove a great boost to trade and economy. Infrastructure developments will also open new and better markets. Resultantly, more investors would be attracted. The investment they bring will lead to the creation of more job opportunities. The living standards will improve gradually, but surely.


The road and rail network will help improve efficient movement of goods making the trade more efficient. Besides the road and rail network, three major energy projects are planned in the province, namely, Gwadar Coal Power Project, HUBCO Coal Power Plant and Gadani Power Park Project. These projects will contribute approximately 2,940 MW of energy to the national grid.

Most importantly, Gwadar is going to be the anchor and key driver of this mighty collaboration between China and Pakistan. It is hoped that Gwadar, having one of the world’s deepest sea ports, will become another Dubai by the time the project gets into its final stages. Balochistan is thus going to be a bridge between Asia on one side and the West on the other. The city itself will see massive modernization. Theses project will bring the federation and the province closer to each other.

Comment

You need to be a member of PakAlumni Worldwide: The Global Social Network to add comments!

Join PakAlumni Worldwide: The Global Social Network

Pre-Paid Legal


Twitter Feed

    follow me on Twitter

    Sponsored Links

    South Asia Investor Review
    Investor Information Blog

    Haq's Musings
    Riaz Haq's Current Affairs Blog

    Please Bookmark This Page!




    Blog Posts

    Indian Occupied Kashmir Under Total Extended Lockdown On Eid ul Azha

    Indian military has kept Occupied Kashmir under extended and inhumane lockdown on the Muslim festival of Eid al-Adha to prevent protests against New Delhi's reckless decision to scrap Article 370 of the Indian Constitution. The lockdown is being enforced by over 700,000 Indian troops deployed in Jammu and Kashmir.  People are imprisoned in their homes for several days in a row. There…

    Continue

    Posted by Riaz Haq on August 12, 2019 at 5:38pm

    Pakistan Digital Gig Economy Growth Among World's Fastest

    Pakistan's digital gig economy growth is the fastest in Asia and fourth fastest in the world, according to digital payments platform Payoneer.…

    Continue

    Posted by Riaz Haq on August 11, 2019 at 9:30pm

    © 2019   Created by Riaz Haq.   Powered by

    Badges  |  Report an Issue  |  Terms of Service