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Capacity of Gwadar port to be
expanded by Pakistan
By Shoaib Jabbar 'Pakistan Times' Special
Correspondent
ISLAMABAD: The cargo
handling capacity of Gwadar deep sea port would be expanded upto 300 million
tonnes from current 50 million tonnes within the next two decades.
The Gwadar deep sea port has been completed with the cost of more than Rs 16
billion with the assistance of China in record three years’ time.
Gwadar is situated at a location where 40 percent oil ships are passing.
Gwadar a new economic hub of Pakistan is located at the entrance of Persian
Gulf.It has immense geo economic significance. Instability in Middle East
and emergence of new central Asian states has intensified its significance.
With the functioning of Gwadar port, Pakistan will become a key player in
the Gulf region and serve as an energy corridor for Central Asia, South Asia
and Western Part of China.
Set to be enlisted among one of the best ports of the world the deep seaport
is going to change the entire economic scenario of Balochistan and transform
it into hub of trade activities.
Meanwhile government has focused on strengthening infrastructure of
Balochistan as 35 percent budget of NHA was being spent on building a
network of roads and highways in the province which will open up more income
generation and employment opportunities in the province.
An amount of Rs 40 billion were being spent on the development of road
networks across Balochistan aimed at connecting Gwadar port with the entire
region.
Gwadar would be connected with Afghanistan through Sarab-Quetta and Chaman.
Another link aimed at connecting Peshawar with Gwadar via Khuzdar-Ratodero
and Dera Ismail Khan would be developed.
Also the Gwadar Industrial Estate is situated around 40 km from the main
city and spread over 1000 acres.It could be extended upto 3,000 acres to
accommodate more and more investors as several industrialists have shown
their willingness to establish pharmaceutical units, refineries and textile
there.
Around 12,500 small and mediocre industrial units would be established on
1,000 acre of land in the Gwadar Industrial Estate in the first phase.As
many as 563 residential buildings would also be constructed there.
Likewise numerous commercial buildings like offices, business centres were
also being constructed in Gwadar Industrial Estate.
The management control of Gwadar Port has been handed over to the Port of
Singapore. Port of Singapore is enjoying vast experience of running 20 Ports
in 14 countries across the globe.●
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