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Posted by admin in CPEC, GDA, Gwadar News, GwadarAuthorityDevelopment on January 8th, 2020
Gwadar’s first LPG (liquefied petroleum gas) Terminal was inaugurated on Tuesday, marking the beginning of a new era of economic development in Balochistan.
The terminal was inaugurated by the Chinese Counsel General in Karachi Li Bijian. It started the operations with the arrival of Sahar Port, carrying 3,900 metric tons of LPG from Muscat.
Read more: Checklist For Buying A Plot In Gwadar By GDA
“Today a new era of economic development has commenced from Balochistan’s port city Gwadar as International LPG trade starts,” Li said while addressing the inauguration ceremony. The terminal would spur economic activities in Gwadar which would benefit the local population through the creation of more jobs.
Deputy Commissioner of Gwadar retired Capt Mohammad Waseem, the GDA chairman and the CEO of Al-Qasim LPG Terminal lauded the initiative, saying Gwadar was going to turn into an international economic hub in near future.
“A new international airport is being established in Gwadar and power plant projects will speed up development in the port city,” Mr Waseem said.
Posted by admin in Gwadar Materplan, Gwadar News, GwadarAuthorityDevelopment on October 13th, 2019
The government of Balochistan on Thursday unveiled the Gwadar Master Plan 2050, which stipulated that no old neighborhoods of the port city would be relocated while restoring the historical sports and old status of the city.
The Gwadar Master Plan has been approved by the provincial government that would be enforceable till 2050, following which the Gwadar Development Authority (GDA) would start new development projects in the city.
You can check masterplan at the official website of Gwadar Development Authority: http://www.gda.gov.pk/masterplan/
Posted by admin in CPEC, Gwadar News, Naval Anchorage on October 17th, 2018
Naval Anchorage Gwadar Development work has been started. Here’s a glimpse of the site work
Posted by admin in CPEC, Gwadar News, Investments on July 27th, 2018
Gwadar is a port city located on the southwestern coast of the Balochistan province of Pakistan. The city is located on the shore of Arabian Sea and is about 700Km away from Karachi. Located near the border of Iran the Gwadar city is located to the east of the Persian Gulf and right opposite to Oman.
Form the history, the Gwadar was a small to medium size setting with the economy mainly based on the artisanal fishing. The strategic value of Gwadar was initially appreciated in 1954 when it was identified as a suitable deep water seaport by the geological survey conducted by the United States of America. That survey was conducted on the request of Pakistan. At that time the Gwadar was under possession of Oman.
Despite having the idea of the value of Gwadar, its actual potential remained unveiled up till 2001. By the year 2001, initial construction of the Gwadar Port was initiated. With a net cost of $248 million, the first phase was inaugurated by General Pervez Musharraf.
After construction, the port remained under-utilized for a number of reasons including insufficient investment, security issues and the failure of the Pakistani Government to transfer land as per promised to the port of Singapore Authority (they were the port operators that time).
By the year 2015, China showed its intention of developing Gwadar port city with an investment of $46 billion under the name of CPEC (China- Pakistan Economic Corridor). China aimed to develop a One Belt- One Road with the idea to facilitate the trading activities using this road. The Gwadar is majorly featured in the CPEC project. It is also foreseen as a link between the Maritime Silk Road and the One-Belt, One Road project.
Almost $ 1.153 billion worth infrastructure is planned to be invested in the Gwadar city, apart from the major CPEC projects. The aim of this initiative is to link Western China with the Northern Pakistan to this deepwater seaport. The Gwadar city will also be a site for storing transported floating liquefied natural gas that will be a part of the Iran-Pakistan Gas Pipeline Project.
With the changing time, the sea politics is getting complex with the massive involvement of economic prosperity and commercial activities, on a global level. The Gwadar port holds huge economic and strategic significance for Pakistan and is the third important seaport of Pakistan after the Karachi and Qasim Port.
Being located at the cross junction of the international shipping and the oil trading routes, the Gwadar port has become of massive global advantage for all the economies of the world, including Pakistan. This is the reason why Gwadar is considered to be acting as a trade hub in Pakistan. with its direct link to three major regions of the globe stated as; South Asia, Middle East and Central Asia, the Gwadar port will be a new investment opportunity that will have a positive impact on therewith of Balochistan.
With Gwadar, Pakistan will be able to explore minerals, gas and oil resources and hydrocarbons etc. the port is also attracting a massive amount of tourist and foreign investors and can be seen serving as a foreign reserve and free trade zone. All these features will surely help and play role in the prosperity of Pakistan. It can also help to enhance the commercial and trade activities in the country.
At the same time, it is believed that the Gwadar will make Pakistan be a monitoring part of the Sea Line of Communications that comes from the Persian Gulf. With a strategic leveraging of investments and opportunities, the Gwadar will open up doors for new opportunities of the people of Pakistan and will help them in their economic growth and stability via Trans trading activities and foregone exchange reserves.
Gwadar is also believed to be boosting up the co-operation of Pakistan with other political establishments of the world in terms of energy and oil resources. At the same time the trade, hotel industry, and the state revenue sectors will have a positive impact. As the Gwadar is offering tax-free trade and investment opportunities, it is successfully attractive for foreign investors to open up and invest in pipeline projects and economic plans.
The Gwadar port has massive strategic importance and is increasing the importance and value of Pakistan in a global setting and specifically in the region. Through the Persian Gulf and the Indian Oceans and Southeast Asia, the Role of Pakistan is enhanced. With its close locality to the Strait of Hormuz, it will be a roadway to supply 13 million barrel oil on daily basis.
On its completion, the port is expected to open new vistas for development and cooperation in the region. The port is expected to offer facilities of transshipments, warehousing, coastal and transit trades, industrial as well as commercial facilities for international import-export trades. The above said are specifically referred to the Oman, UAE, Saudi Arabia, Iran, Iraq, China, Central Asian States, Qatar and other countries of the region.
The Gwadar port is also believed to offer a cost-effective, safe, secure and uninterrupted supply of natural energy. This uninterrupted supply will help all these countries to sustain and smooth industrial development and growth. With its geo-strategic position, Pakistan will bridge the transportation gaps and will offer a shortest possible route for the energy transportation. At that same time, it will offer a shortest possible route to the warm waters of the Arabian Sea.
With the partial technical and financial assistance of China, Pakistan has successfully completed the first phase of the deep-sea port in the Gwadar. The Gwadar port was initially inaugurated on the 20th of March 2007. A number of projects are already completed for about 50% and the rest of working is on the go. The Phase 2 of Gwadar will include; a major cargo terminal; a ro-ro terminal, two oil terminals and four container berths.
Decided as to up-grade the KKH as the upgraded road is believed to be providing a short route to the sea and will be superficially beneficial for the product manufacturers from China. The KKH is also believed to be serving as an overland route for trading between India and China. It will also facilitate Pakistan and China in terms of trade and energy improvement, development of the railway links, oil and gas pipeline linkage and the fibre-optic connectivity along the highway under one project.
Along the KKH a railway line is developed and will be connecting China and Pakistan and is considered as a vital part of the energy and trade corridor. The aim of this railway web is to facilitate the trade activities as well as transport energy in case other means are not operational for any reason. This rail track will be linked to Gwadar as Gwadar will be carrying the oil-refining as well as storage facilities.
The framework of the agreement on the energy cooperation was initiated back in 2006. According to this agreement, an energy pipeline of 30-inch diameter will be installed from Khunjerab to Gwadar. This pipeline will pass through Awaran, Pir Muhammad, Khuzdar, Shikarpur, D. I. Khan, Kundian, Mianwali, Talagang, Pindi Ghraib, Fateh Jang, Haripur, Mansehra, Patan, Dasu, Chilas, Bunjil, Gilgit, Sust, and Khunjerab pass.
Top on the list is that with Gwadar, Pakistan can fulfill its energy needs and it can also secure benefits including; enhancement of trades with middle east and Cars; relations with the regional and neighbor countries will be improved; trades will be enhances; TAPI and IPI pipeline projects may lead to neutralized relations with India. Pakistan can also earn massive foreign exchange through transit fees and thus can improve its fore exchange reserves. With Gwadar port, the backward areas of Pakistan will improve gradually but significantly. There will be improvements in the literacy rate and the living conditions of backward areas of Pakistan and a lot of new jobs will come up due to foreign and local investments in the area. With the improvement in the overall economy, there would be an improvement in the hotel and tourism industry as well.
It is amazing that a fishing village to yesterday is soon to become the hub of regional trade activities supplying Pakistan with the most needed support in all ways possible. The amazing significance of the Free Economic Trade Zone and the Gwadar Port is well known to the Government of Pakistan and is thus working on many different aspects of the idea to promote the value of Gwadar to international investors and to provide them will all what it takes to convince them of any kind of big or small industrial or residential investment. Expected is to have a brighter future as soon as the Gwadar Port is completely operational and playing in the field.
Posted by admin in CPEC, Gwadar News on July 24th, 2018
Gwadar with no doubt is a story of tranquillity, seafood and all the colours of the rainbow. The way we can enjoy the variety in taste and colour of seafood from one part to another part of the world is what makes Gwadar the best place to visit. Gwadar carries enchanting flavours of nature with songs via every single wave and every whisper of the wind that comes to us when we enter the vibrant city of Gwadar. This place is gifted well by nature and is rich with natural and breathtaking beauty with friendly and amazing people everywhere. The contract of the blue sea and the White Mountains is something that can take you to the fairytale world in no time.
Although being a part of Pakistan the Gwadar was unknown for decades and all of its beauty was hidden from the world until the amazing idea of CPEC hit the world. With each passing day, the world is witnessing the amazing capacities of Gwadar is many different ways of life. And surely it is surprising the world with its amazing offers to visit it every holiday season.
Here is what you can visit and enjoy in Gwadar, have some blessed time with family or hang out with your dear friends while relaxing far away from the hustle and bustle of the city. These areas will surely give you a taste of being on a holiday in Dubai while spending merely 1/3 of the amount that you may have to lose to have a trip to a destination like that of Dubai. Also, you will surely feel different by visiting Gwadar areas:
Surely top one on the list is the Gwadar port. Who in this date does not have the idea of the financial potential of these areas but let’s look at the other side of the picture now. Gwadar is a warm deep-water seaport located on the Arabian Sea and can be visited in the Province of Balochistan in Pakistan. The Gwadar port is located on the three connection cross-roads named as the Central Asian Countries, the Pakistan and the Oil Rich Middle East region of the world. Gwadar port is connecting Pakistan with all the major trading points giving it a strategic importance as well as an undeniable attraction for the tourists from around the globe. It is surely a potential idea of business and is thus coming up with some amazing developments in the localities that are worth watching.
Are you known to the fact that you can see an island being in Pakistan? Yes, you can do that by visiting Gwadar. The Astola Island is also known as the Haft Talar in the local language.it means the seven rocks. It is a small island in the Arabian Sea that is about 40 KM far from the Pansi area. You can access the island by using motor-boats that you will need to take from the Pasni and it will take you on a ride of about 5 hours to reach the island.
The island is about 7KM long and is about 2.5 KM wide and is a popular tourist place. If you are planning to visit the place, make sure you have all the necessary things with you as you will not find any shops or restaurants on that place and you will need to camp to spend a night there.
What you can enjoy being there is the scuba-diving, fishing, and campaigns and all of these are really popular among the visitors. During your journey to the island, you can also see a lot of dolphins and green turtles and if you are lucky enough you may see the Hawksbill turtle that nests on the beaches at the bottom of the cliffs.
Unfortunately, the population of the seabirds has fallen with over the years the cats can be seen on the island. Do not get surprised these cats are brought to the island by the fishermen. But a bird lover must not get disappointed as they can see a lot of gulls, sanderlings and plovers.
The ancient temple of the goddess “Kali Devi” is something that is of great importance when we talk about this island. For this reason, the island is very famous among the Hindus. You can also find a prayer yard built for Khwaja Khizr who is said to rule the oceans and is believed that he still visit the area occasionally and another prayer in that yard. This prayer yard is mostly used by the fishermen in the fishing season that goes from September to May each year.
This beach is located about 240Km from Karachi and is the midpoint of Gwadar and Karachi. The area lies under the supervision of the Pakistan navy and is the place where the vessels scattered all around giving the tourist a captivating sight of the working of naval forces of Pakistan. There is a mountain named as Hammer-head that protect the Ormara region from the sea and keeps it away from the water and beaches. This place is also of importance as history claims it to be pit spot for Alexander the great. It is also said that one of his generals died here who was called Mrmuz and with that reference, this place is named as Ormara.
Yes, from far it does looks like the Sphinx in Egypt but surely it is not. This sphinx is a naturally carved object that lies on the top of the range that resembles the Sphinx- a man-made sculptor in Egypt. This natural formation is located in the buzzi pass and can be found well before the Princess of Hope in Gwadar.
Named as Ling, the Princess of Hope is the statue of a princess that was established in the Hingol National Park in the Makran coast of the Balochistan province. It is located about 190 KM away from Karachi.
The Princess of Hope is a natural rock formation that gives and glimpses of a princess gazing beyond the horizon- may be in search of hope. The Arabian Sea breeze has worked for years to craft this amazing piece of work giving a beautiful sculpture to the tourists. The princess of hope is standing high in the mountains alongside the Makran coastal highway. This area is covered with Mud Mountains and rocks. The climatic changes and the rains along with strong winds from the seas and turned the rocks into finely sculptured objects. Surely princess of hope is one of them.
Moving far from the amazing artworks of nature you can also visit other places like the desert in Gwadar, the baba chandrakup, or the buzi pass if you have enough time to witness all the amazing perks of being in Pakistan, in a single visit. If not, you can go back, re-boost your energies and get back to the area with new excitement and enjoy the rest of it. Surely there is much more to witness than what we have shared with you now.
Posted by admin in CPEC, Gwadar News, Recent Development and construction in Gwadar on June 7th, 2018
Although a few years back the word Gwadar was not known to many but the past few years have changed the fact. Gwadar is one of the most spoke about cities of the world. Gwadar is a port city in the South-Western Cost of the province of Balochistan in Pakistan. The Gwadar city is located on the shores of Arabian Sea. The city is almost 700 KM away from Karachi (the largest city of Pakistan). Another amazing geographic fact linked with Gwadar is that it is near the border of Iran and is situated to the east of Persian Gulf- which is right opposite to Oman. In the past, from 1783 to 1958, the Gwadar port was in possession of Oman.
For most of the history, Gwadar remained a small size settlement where the economy was majorly based on fishing. The strategic value of the location was accepted in 1954 when it was pointed out as a perfect site to be used as a deepwater port by “US Geological Survey”. The potential of the Gawdar port remained unrecognized during different governments of Pakistan till 2001. In the year 2001, the construction of the initial phase of Gawadar was initiated.
General Pervaiz Musharraf inaugurated the first phase in the year 2007 with a net cost of $248 million. However, even after the construction, the port remained under-utilized for a number of reasons including security concerns, lack of investment, and the failure of management of the government in transferring the land as per commitment to the operator of the port which was “Port of Singapore Authority”
By the time Pakistan reached 2015, the government of Pakistan announced a patch up China to develop a mega project of CPEC (China Pakistan Economic Corridor) which was worth $46 billion. The project is believed to a part of China’s One Belt One Road program. “China’s Xi in Pakistan to cement huge infrastructure projects, submarine sales”. Gwadar is the backbone of the One Belt One Road project and about 1.153 billion dollars are said to be invested in the city as a part of the project CPEC (Wikipedia). The aim of this project is to link the Northern side of Pakistan with the Western side of China through the seaport.
Just like other parts of Balochistan, the Gwadar city also had some ancient roots that are not clearly approached yet. However, the city shows inhibition linked with the bronze age of the settlement. According to the studies, for a period the city was under the regime of the Achaemenid Persian Empire. The history claims that this area was conquered by the founder of the Persian Empire known as “Cyrus the Great.”
During his journey back to home, the Alexander the Great stepped their feet in the areas which are now known to us as Balochistan. The then consisted of inhabited and Dry Mountains. After the collapse of Empire of Alexander the area ruled by Seleucus Nicator who was one of the generals of Alexander. Later during 303BCE, the region came under the rule of Mauryan after the Seleucus made peace with Emperor Chandragupta.
After a millennium, the Arab-Muslims invade the region and in next century there were the areas was ruled by different powers. While for the next two centuries, the area was ruled by local tribes of Balochistan. From 1863 to 1879 the area of Gwadar remained to headquarter of the British Assistant Political agent and remained a Fortnightly port for British Indian Steamship Navigation Company. It also worked as the port for telegraph and post office. Later in the 1950s, the port was headed over to Pakistan.
Soon after the independence of Pakistan the Balochistan acceded to Pakistan and was allocated as a separate district. At that time Gwadar was not a part of Balochistan. Later in the year 1958, the Gwadar port and adjacent areas were handed over to Pakistan by Muscat. By then it was given the status of Tehsil of Balochistan. Later in the year 1977, the Makran District was upgraded and divided into two divisions named as district Turbat, Gwadar and Panjgur.
September 8, 1958, was that date when Pakistan purchased the Gwadar enclave from Oman for 5.5 billion PKR. The agreement signed stated two important clauses; the first one stated that Balochistan will offer an army recruitment platform for Oman as a result of which Balochis will establish a major part of Omani forces and secondly the resources of Gwadar will be developed in future.
In the year 1993, the Government of Pakistan conceived the plan to develop Gwadar as a major port city and connect it with a rail and highway network. Officially the construction of Gwadar started on March 2002 phase one of which was completed in March 2007. The port was inaugurated on 20th of March the same year.
From the year 2002 to 2007 Gwadar underwent some major developments. In 2002 the NHA (Pakistan National Highway Authority) started production of the 653 Km- long Makran Coastal Highway, this highway was meant to link Karachi with Gwadar via Ormara and Pansi moving on to linking it with all other highways in Pakistan. The project was completed in 2004. In the year 2003, the Gwadar Development Authority started planning and development of the Gwadar for which an authority with the name “Industrial Estate Development of Gwadar” was formulated to deal with the industrial activities. The three currently functional multipurpose berths of the deep-sea-port have a capacity to handle carriers of 30,000 deadweight tonnage (DWT) ). The construction started in the year 2004. By the year 2006, the Gwadar Development Authority conceived established and adopted the 50-year plan for the City of Gwadar. Later in 2007, the Civil Aviation Authority of Pakistan acquired a huge area to construct a greenfield airport that was named as the New Gwadar International Airport (Wikipedia).
Since a long time, China has an interest in Gwadar Port. In 2013 the China Overseas Port Holdings Limited assimilated the Gwadar Port. The Gwadar port is very important for China as about 60% of the oil in China comes from the Persian Gulf. This oil is transported by the Ships that travel for about 16,000 KM in the time duration of 2 to 3 months. This journey is full of risks including; bad weather, pirates, or political rivals, along with many others. It is also risky for the only commercial port of China that is located in the Shanghai. Gwadar will help to reduce the risks and distance limiting it to 50000 Km and can also serve China around the year.
China has remained fully involved in designing the project. It has provided about 80% of the cost of constructing the port. More than 500 Chinese workers are working on the port, around the clock.
China is keenly focused on setting up the Gwadar port because they find at advantageous in terms of saving time and security of import and exports. In this regard, China has paid 360 million USD to Pakistan for the expansion and the up gradation of the import and export processing around the year. The transportation will be done by Karakoram Highway China to Pakistan. The Government of Pakistan is highly committed to providing a secure base to China in shape of Gwadar. This will help Pakistan to secure the Gwadar port and to strengthen the Pak-China relationship.
The location and history of Gwadar have given it a unique yet interesting blend of cultures. The Arabic influence on the city can clearly be seen because of the strong impact of Omani era as well as the closeness with the Arabian Peninsula. The legacy os Omani can also be witnessed in the local population of which you can trace the lineage to Afro-Arab and the Zanj Slaves. These people came and settled in the area in the Omani rules. You can also find some remains of building constructed in Omani era.
Topography:
Gwadar is located on the sandy and narrow strip, with a natural hammerhead-shaped point linked with a coastline of Makran. The points of the port make two perfect yet naturally curved bays on each side of the point.
The North side of the city and the Gwadar Promontory is flat and barren. The Koh-e-Mehndi (the white clay) is a prominent exception that is raised sharply from the plans to the Northern-East of Gwadar. Followed by the mega earthquake in 2013, a small island was formed which is located almost 2 KM off the Coast (Wikipedia).
The Population:
The population of the city has increased for about 85,000 as reported in the year 2014. Majority of the people living in Gwadar have their roots linked with the Balochistan.
The Climate of Gwadar:
Gwadar has extreme hot and deserted climate with very little precipitation and massive variations in winter and summer temperature. The ocean had a great influence on the temperature that is lower in summer and higher in winter. On average the temperature in June remains 31 to 31°C while in winters it fluctuates between 18 to 19°C. The uniformity of the temperature is distinctive of the Coastal Makran region.
Also, the wind moving down by the plateau of Balochistan give a cooling influence, otherwise the winter remains pleasant. Winters are shorter as compare to summer. The Gwadar is located out of the monsoon belt. For this reason, it occasionally receives the monsoon rains in the summer season. While in winters there is heavy rainfall due to Western Disturbance. On average the annual rainfall is about 3 inches.
Gwadar serves as headquarter for Gwadar tehsil and Gwadr District. While the Gwadar tehsil is sub divided into 5 different union counsels on the basis of administration named; Gwadar Central, South Gwadar, North Gwadar, Pishukan, Sorbandar.
The Gwadar port can help China to work with around the clock active port with security and time efficiency. It will also offer China an attending post to observe the Indian naval activities around the Gulf of Aden, the Persian Gulf, South Asia and Central Asia. It means that it will cover the following regions; Central Asian republics, Caspian Region, Iran and Afghanistan. Among all these Caspian Sea is the most potential region in terms of monetary approaches. At the same time, it offers vital positioning to the area geographically. Iran is one of those countries that are supporting the development of the Port of Gwadar.
In the past, the economy of Gwadar has mostly remained dependent on fishing. However, with the passage of time and in recent times, the economy of Gwadar has undergone some major transformation resulting in the transformation is a small fishing village in the major Port city of Pakistan. It has helped in enhancing the communication links between all parts of Pakistan. The 1400 Km Trans-Afghan Gas Pipeline also known as the TAP will be linked from Turkmenistan to Gwadar port. It is believed to be a comprehensive project that will boost the Natural gas dealers of Turkmen to reach the market of South Asia that will lead to many financial benefits for the region overall.
Posted by admin in CPEC, Gwadar News on May 26th, 2018
One of the latest turning points of the global economy and the geopolitical landscape is the ‘Belt & Road Initiative’, which is being conducted by China. The One Belt and One Road initiative are being led by the Chinese government, with the sole purpose of improving economic and trade integration within Africa, Europe and Asia.
With the use of infrastructure projects and free-trade agreements, which include ports, railways and roads, the project aims to develop a modern Silk Road, which spans around 65 countries. Combining a GDP of US$21 trillion, the initiative involves a land belt through Europe and Asia; and connects the coastal Chinese cities to the Mediterranean and Africa with the help of a maritime road.
The Belt and Road Initiative is also known as the Silk Road Economic Belt and the 21st Century Maritime Silk Road. The project is a development strategy that is proposed by the Chinese government that is aimed at corporation and connectivity between the Eurasian countries. According to the Chinese government, the project is a chance to boost the regional connectivity and to embrace a better future. While on the other hand, the critics believe that it is meant to push China to have a larger role in global affairs with the China-centered trading network.
Read also: CPEC – How It Can Benefit Pakistan In Short & Long Term
According to the proposed OBOR plan, there are going to be two elements in this initiative, which include the 21st Century Maritime Silk and the Silk Road Economic Belt. The regional waters will be connected by the 21st Century Maritime Silk Road, while the Silk Road Economic Belt tends to connect the Persian Gulf and the Mediterranean through West Asia, China to Europe through Central Asia and the Indian Ocean with the help of South Asia.
Moreover, the OBOR is supposed to facilitate development for 6 main economic corridors, including, China-Mongolia-Russia, New Eurasian Land Bridge, Indochina-Peninsula, Bangladesh-China-India-Myanmar, China-Pakistan and China-Central Asia-Western Asia.
The initiative aims to fulfill the following goals:
– Financial Segregation.
– Liberalizing the trade.
– Improving the coordination of policy across Asia.
– Enhancing connectivity involving people-to-people links.
While China is underway with the project, signing bilateral cooperation agreements with countries like Mongolia, Hungry, Tajikistan, Turkey and Russia, more than 55 other countries have shown their interest in the project. Some projects with these countries are already in process, such as the train connection between Iran and Eastern China, which will expand to Europe.
China has also started constructing new rail-links with Thailand and Laos, and high-speed railway projects in collaboration with Indonesia. The Chinese Ningbo Shipping Exchange is collaborating with Baltic Exchange, in order to derive the index rates between the Middle East and China, along with Europe and the Mediterranean as well. Moreover, China has already raised around $40 billion for the project, while more than 200 enterprises have signed an agreement with China.
The projected started back in 2013 when the Chinese President Xi Jinping endorsed the initiative with aims to improve global cooperation in terms of economy. The plan aims towards regulating China’s own economy, and enhancing the economic relationships while generating in-house and foreign capital.
Some people believed that this project will turn China into a regional power, but regardless to Xi’s insistence, the country was not allowed to interfere in other nation’s matters, in order to maintain the integrity of The Marshall Plan; which was made by the US to rebuild Europe after World War 2. On top of this, it also important in terms of China’s capability to accomplish energy security.
Read also: An Essential Guide To Real Estate Investment In Gwadar
In 2014, the Silk Road Fund was built by China in US$40 billion, which would fund the infrastructure for the project, as well as the 6 economic corridors with countries. The overhead charges would be funded by the China-backed global bank which was launched in 2014, the New Development Bank (NDB), the Asian Infrastructure Investment Bank (AIIB) and the Shanghai-based bank for countries like Brazil, India, China and Russia.
Although the OBOR is said to be a stepping stone towards global economic cooperation, the expansion of this project is alarming for the US. This initiative not only improves China’s economic standing but also competes with trade agreements, which did not include China, such as Trans-Pacific Partnership, which was introduced by the current American President Donald Trump. As the US and Japan both are not a part of AIIB, their representatives are not going to attend the summit as well.
There are a number of European countries who have welcomed this initiative by China, as they hope that this will lead to Chinese development and investment in their country, but there are certain nations which are still hesitant; as they are alarmed by the growing motivations and influence of the Chinese capital Beijing. Countries like Britain have shown an interest to be a part of AIIB, regardless of knowing about the exclusion of their ally, US.
However, in context to the Brexit Europe, it is hard to tell how the perceptions of different countries will surface about the OBOR. On the other hand, OBOR tends to benefit the Sino-Russian collaboration and is aimed towards bringing the two countries closer in terms of their ties – with the help of joint projects and investments. On top of that, the OBOR also relies on Russian contribution, keeping in mind their historical influence over the Central Asian region, being economically dependent.
Posted by admin in CPEC, Gwadar News, Property News, Recent Development and construction in Gwadar on March 15th, 2018
A place which was not known to many in the recent past suddenly has now become an apple of everybody’s eye. Here we are talking about the next big thing, Gwadar. Gwadar is a port city located on the shores of the Arabian Sea, on the South-Western coast of Baluchistan, Pakistan. The city is in the news lately because of its immense trade potential. Gradually, Gwadar will evolve to become an important International transit point, connecting South Asia with Persian Gulf, Middle East, Central Asia and North-East Asia.
Gwadar, a major destination in the China–Pakistan Economic Corridor is soon going to emerge as an international city. It is planned to become a free trade port city. Gwadar – the lavish beauty on Earth offering the most eloquently beautiful landscape, blue sky, Arabian Sea and stern, golden mountains. Let’s find out what has made it of so much importance. Here are few of the major reasons that would convince you to visit Gwadar, for at least once.
Gwadar has a naturally gifted port. It is the third deep-sea port in Pakistan after Karachi Port and Port Qasim. It lies just 624 nautical km to the east of Strait of Hormuz, which is an important route of oil tankers bound for Japan and western countries out of Persian Gulf. Gwadar port would interface three locations, which are South Asia, Middle East, and Central Asia. One must visit there to see the naturally constructed port.
CPEC is playing the vital role in the development of Gwadar. The construction of a deep sea port is just one component of the Greater Gwadar Plan. Under this plan, which will be carried out by Gwadar Development Authority, in addition to Gwadar port, a network of roads, connecting Gwadar with Karachi, Pasni, Ormara, and Turbat will be constructed in four phases. A noteworthy piece of its work project is centered on the most optimized plan of roads development, another framework, and building. You can see the trade route and the work being carried out for the economic corridor by your own eyes while visiting the city. ECO highway, Coastal Highway and other mega projects in road sectors will connect Gwadar free port with the Central Asian States, Gulf States, China and rest of the country.
The city, which was once a deserted place, is now frequently visited by foreigners, tourists, and Pakistani government officials. Not only that, tour companies have now started producing affordable Gwadar tour packages for the region, making Balochistan a lively place as it once was. Cool. Isn’t it?
It is going to be a tourist attraction soon because of its natural beauty, beautifully constructed coastal highway, clean blue water beaches, etc.
Still not finding it catchy? Let us now tell you about few of the destinations that might be of some interest to you:
Beaches: Gwadar has a 600km long coastal belt with beaches and bays. The beauty of green waters and the mind-blowing view of the sunset at the beach would leave you breathless and you would think as if you are in paradise. It is a perfect place to spend time with friends like beach parties, etc.
Hammerhead: Resembling the shape of the hammerhead shark, this mass of rock was created by the mud volcano that erupted. Hammerhead provides a spectacular view of the Arabian Sea on its southern side and a breathtaking view of the Gwadar city on its north.
Princess of Hope: There is also a 740-year-old wonder, ‘Princess of Hope’ along the coastal highway. Located in the largest national park of Pakistan, princess of hope is another one of the major tourist attractions.
The Sphinx: Ever wondered how it would feel to see the wondrous sphinx in Egypt, up front and not in pictures? Gwadar has its own naturally carved sphinx, located on the top of the range; it exactly resembles the man-made sculpture. Its beauty and wonder have brought about many visitors from all over.
Buzzi Pass: Main reason to travel to Gwadar, is known to be the Buzzi pass itself. It presents us with the most spectacular scenery on each side. Fact about Buzzi Pass that is known to be famous is that Alexander the great passed by here and on tis pass, he lost many of his legions.
Desert: Passing by the Hingol river bridge, is the coastal semi-dessert that offers the locals and tourists a chance at desert safari on its sand dunes. It is yet again one of the reasons why the tourist gathering at Gwadar has increased.
Baba Chandrakup: Also known as Mud Volcano is a holy place for Hindus. Initially, the area covered by the mud volcanoes, there are now only a few left, one of them being Baba Chandrakup. While the volcanoes are supposed to spit out scorching rocks or magma, this mud volcano spits out COLD mud.
Astola Island: Also known as the “island of the seven hills”, it is famous to support a large breeding water birds and creatures. The highest point of the island is 246 feet above the sea level, providing a beautiful view of the Arabian Sea.
Everyone wants to double his money. Well, let us amaze you by telling you the fact that the land of Gwadar, which was previously considered to be inexpensive, is not a piece of cake to acquire now. People who had invested in the region have earned 500 times more! Yes, 500 times of the price of the property which they had invested in. This was one example out of several good opportunities still available. It’s never too late as the potential of growth is still there and is rising by the passage of time, so one can grab the opportunity and take a good decision to invest in Gwadar, be it for his business or any other reason. Visit the place and take a wise decision if you are thinking to invest in your future.
Once a small fishing town along the Makran Coast, Gwadar is now set to have become a mega seaport city. The Gwadar port is expected to generate billions of dollars in revenues and create at least two million jobs. This will help in decreasing the unemployment ratio while having an increase in Pakistan’s GDP. It is expected that industries would be built along with CPEC route and big companies would also operate their business in the upcoming mega city which is good news for job seekers.
Not only this, there are some other interesting reasons that would attract you. To find out more about the beautiful city, now we think that you must be planning to visit Gwadar.
Posted by admin in Gwadar News, Naval Anchorage, Recent Development and construction in Gwadar on March 4th, 2018
For decades, the Northern Areas of Pakistan are considered to be the beauty hub of Pakistan and the tourist attraction. But the last decade introduced us to the beauty of south. The small towns like Gwadar, Gorakh, Thatta, and others have seen quite a revamp by the government and private bodies. With the increase in discussion about Gwadar and its scenic views, the tourists have started to experience it for real.
Are you looking for an adventure-packed retreat to the most picturesque place of Pakistan? Here are some of the major highlights of Gwadar for your next travel and your plan to stay.
The port is famous for its economic significance due to CPEC and its strategic location connecting all the Asian countries. This port connects the Middle Eastern countries, Central Asian countries and Pakistan at one point which works wonders for our country.
The place is famous for the deep clear water sea and the view from the top. You will find its serenity soothing and unexpected.
Fundamental motivation to go to Gwadar is known to be the Buzzi pass itself. It presents us with the most awesome landscape on every side, one can basically not help hold their breath in ponder and amazement. Certainty about Buzzi Pass that is known to be acclaimed is that Alexander the considerable go by here and on tis pass, he lost a large portion of his armies.
If you have ever wondered how it would be to sleep on the desert sand, Gwadar will give you a chance to experience a big, steamy desert.
Otherwise called the “island of the seven slopes”, it is situated in the Pasni ‘area of Gwadar. The island extends 6.7 km and profundity of 2.3, the most elevated point if the island is 246 ft. over the ocean level. It gives an excellent perspective of the Arabian Sea, keeping up a fairly endemic living style because of its separated area.
It is known to bolster a vast rearing waterfowls and animals yet need in any kind of greenery. There is no wellspring of crisp water and all the rural exercises rely on upon the incidental precipitation.
One really want to visit these territories in view of magnificence and the chances of adventurous outdoors, scuba jumping and angling.
Taking after the state of the hammerhead whale, this mass of shake was made by the mud spring of gushing lava that ejected. The dominant part of the stones in the Gwadar area was made through the ejection of these springs of gushing lava. Hammerhead gives a tremendous perspective of the Arabian Sea on its southern side and a stunning perspective of the Gwadar city on its north.
Gwadar has its own particular normally cut sphinx, situated on the highest point of the range, it precisely looks like the man-made model. Its magnificence and ponder has achieved numerous guests from everywhere.
So plan a special expedition to Gwadar, sightseeing the beautiful places and enjoying the wilderness!
