Gwadar Port, Pakistan’s deep-sea marvel, is transforming into a global trade hub under CPEC.
Gwadar Port, Pakistan’s deep-sea marvel, is transforming into a global trade hub under CPEC.
At Most Premium Address in Gwadar
At Most Premium Address in Gwadar
Gwadar is a port city located on the southwestern coast of Balochistan, Pakistan, along the Arabian Sea, approximately 700 kilometers west of Karachi.
In April 2015, Pakistan and China unveiled plans to develop the $46 billion China-Pakistan Economic Corridor (CPEC), a flagship project under China’s ambitious One Belt, One Road (OBOR) initiative.
✅ Strategic Link: Gwadar serves as a critical link between the One Belt, One Road and the Maritime Silk Road.
✅ Infrastructure Investment: Under CPEC, $1.153 billion is being invested in Gwadar to develop infrastructure, linking northern Pakistan and western China to the deep-water seaport.
✅ Energy Hub: Gwadar will host a floating liquefied natural gas (LNG) facility as part of the $2.5 billion Gwadar-Nawabshah segment of the Iran-Pakistan gas pipeline.
China Pakistan Economic Corridor is a structure and framework of regional connectivity of Pakistan with China. China-Pakistan Economic Corridor is a massive bilateral project to improve the infrastructure within Pakistan to put the trade on the fast track with China and it will be further integrated with other countries of the region. CPEC is not only supposed to benefit Pakistan or China but will have a positive impact on Asian states like; Afghanistan, Iran, India and Central Asian Republic states and the entire region. China Pakistan Economic Corridor (CPEC) was launched on April 20, 2015, by Pakistani Prime Minister Nawaz Sharif and Chinese President Xi-Jinping and signed MOU of 51 agreements with the total worth of $64 billion. The objective of CPEC is to
Transform Pakistan Economy by modernizing, developing and upgrading its Roads, Railway System, Air transport system and Energy sectors for industries.
Connectivity of deep sea ports of Gwadar and Karachi to China’s province Xinjiang as well Asia, Europe and Africa. The border of Xinjiang connects the countries of Russia, Mongolia, Kazakhstan, Tajikistan and India. These are connected with ancient silk road.
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