The Gwadar Port has a very bright and a booming future in coming Years. After Completion and becoming totally functional Gwadar Port will emerge as a major business economic hub in the region. A Long-term plan has defined a business term of Gwadar till 2030 in which Pakistan and China are going to double its economy as well investment. Gwadar port will connect China and Pakistan With three major continents Asia, Europe and Africa. It offers to directly hit three continents through Gwadar as well middle east. Gwadar Will be a game changer and unpredictable for business investors.China has invested $64 billion in CPEC and will increase its investment to $100 billion. Pakistan and China agreed to promote the 1+4 pattern of economic fundamentals. China Pakistan Economic Corridor is the featuring key role, while four key areas are Energy, Gwadar Port, Industrial Cooperation and Transportation Infrastructure. From medium to long-term projects Business investors can explore financial services, Science, Technology, Tourism, Education, City Planning and medical facilities. Owing to its strategic location and God gifted natural resources, the Balochistan Province of Pakistan has always been at the centre stage of regional and global politics.
Robert D. Kaplan, The famous writer and geographer described Balochistan Province as, “One key to its fate is the future of Gwadar, having a strategic location whose development will either unlock the riches of Central Asia and neighbouring countries, or plunge Pakistan into a savage, and potentially terminal civil war.” Unfortunately, Pakistan could not unlock and access Central Asia and Caspian yet.However, due to law and order situation and widespread instability in the province of Balochistan, ever since the developmental work on the Gwadar port started since 2002. Now Government and Pakistan Army put its efforts to improve the law and order situation in Balochistan and with the Chinese taking over the Gwadar port in 2013, the Gwadar port is fully operational and China has started its joint venture with Pakistan. Import-Export has been started and in near future, it is expected that economic activities will further enhance its geo-strategic importance and provide business investors with a single platform to make the trade with different Continents.
The Gwadar Port is strategically located near the shipping lanes (route), of Arabian Sea. It is a gateway to strait Hormuz connecting three main continents; Asia, Africa, and Europe therefore, it has attained the status of a key strategic location and commercial port. Indeed, more than 60% of the transportation & global trade of oil tankers takes place through the neighbouring waters of Straits of Hormuz. So, the Gwadar port presents itself as the best alternative for trade and the storage port, as it can handle the major ships and oil tankers. “ The 15- meter draft of the Gwadar port has the ability to accommodate up to “fifth-generation” ships, including mother vessels and Panamax.” Furthermore, the Gwadar deep-sea port has the potential to be operational throughout the year and can handle large ships of carrying oil. Gwadar port offers a junction between energy deficient and efficient countries, it can facilitate India, China, Pakistan and Iran that are growing economies of Asia in connecting them with the energy-rich Central Asia and the Middle East. The China-Pakistan Economic Corridor (CPEC), connecting the Gwadar port with Kashgar also termed as One Belt One Road (OBOR) which is 3000Km has further enhanced the strategic and economic significance of the Gwadar Port. China Pakistan Economic Corridor (CPEC) is a project with geopolitical and immense economic potential. The CPEC plan has been termed as a watershed moment, not only for Pakistan but also for the entire region nearby Pakistan and China, as it will change the geo-economic and geostrategic landscape of the region. However, due to clashing geo-economic interests, it is also feared that it may lead to undesirable competitions at a regional and global level which causes threats in the region. In view of perceived Sino-US competition with China and latter’s efforts to entangle the former, the China Pakistan Economic Corridor (CPEC) project attains further geopolitical significance for the stakeholders to provide a competitive environment. Besides, there is a commonality of interest between the United States and India, particularly against the rising global status of emerging China. These converging interests of the United States of America and India are creating security challenges for Pakistan and China to destabilize the efforts made by both nations. For CPEC projects security, Pakistan and China had made a comprehensive security approach, employing all elements of national power (EONP) to monitor the routes through Special Task Force and CCTV cameras to ensure its timely completion. Indeed, CPEC is an important regional component of “One Belt One Road” initiative by China and Pakistan. President Xi Jinping discussed the concept of ‘One Belt One Road’ (OBOR) during his speech in Kazakhstan.
on September 7, 2013, President said that the idea has rooted over the decades, emanating from the economic development of China and its desire for a strategic outreach to Europe and Africa in addition to Asia through Pakistan. "One Belt One Road" (OBOR) is the revival of historical Silk Route and keeping in mind that due to the requirements of modern means of communication and infrastructural demands Silk road is updated into "One Belt One Road" (OBOR) and "China Pakistan Economic Corridor" (CPEC). The manifestation of "One Belt One Road" (OBOR) would be “setting up of a geo-economic and geopolitical "Silk Road Economic Belt" (SREB) and the 21st Century "Maritime Silk Road" (MSR) connecting China to Europe, Africa by land and Sea.
$64 billion investment in CPEC by Chinese Government makes a growth of highways, railroad network, Infrastructure propelled Gwadar port and Pakistan to extend its linkage of hinterland with Europe, Africa and later with the US apart from Asian regions, starting from the regional integration of Euro-Asia.
Gwadar investment offers many opportunities to business. The Gwadar port will be connected with Asia, Europe, Africa and the Middle East for trade. Investment in Pakistan offers businessman to trade through CPEC and use the opportunity of the largest trade routes internationally. Gwadar port offers Major projects, Medium Projects and small-medium enterprises projects for investor and businessmen.Investment in Pakistan offers
Indeed, according to ‘Resource Curse Theory’ abstracted from the famous book, of Richard Arty, ‘Sustaining Development in Mineral Economies’ “No doubt, natural resources are desirable, yet, can distort the economy to such a degree that the benefit actually becomes a curse.”
This exactly has happening in Balochistan province of Pakistan. Those eyeing on the resources or are apprehensive of Pakistani gains have been conspiring against the state of Pakistan at regional and global level. The Gwadar Port aimed to become, a regional and global maritime hub. One Belt One Road (OBOR) connects Gwadar Port with China. Domestically, the fundamental factor behind the development of the port was to stimulate the economic growth in the northern and western parts of Pakistan. Regionally, the port provides the shortest possible approach to Arabian Sea to.
China, the landlocked Central Asian Republics, Asia, Europe, Africa, Middle East and Afghanistan for their transshipment facilities. However, globally, it is the best alternative and a storage port, owing to its potential to handle the major ships and oil tankers. The Port will play a major role in the regional economic development and prosperity. It is therefore desired that, rather becoming rivals, India, and other immediate neighbors of Pakistan should play a positive role in the completion of CPEC and operationalization of the Gwadar Port. It indeed is a win-win situation for all...