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Is Gwadar Port an economic haven for Balochistan and Pakistan?

Yousaf, Tousif LU (2012) EKHR71 20121
Department of Economic History
Abstract
Gwadar port is a deep-sea port that lies at the southwestern coast of the Balochistan province. Since 2002, it has been given quite some attention; the government realized its potential of becoming a major hub port of the region, given its proximity to the Strait of Hormuz, a sea passage through which a fifth of the world’s oil transit occurs. MOUs have been signed and commitments made in excess of a billion U.S. dollars for projects at the port, including economic and industrial zones, an international airport, railway and road networks, and civic centers, among others. A few other multibillionaire projects in the province have been announced in connection with the port. Gwadar is Balochistan’s biggest and the province’s first... (More)
Gwadar port is a deep-sea port that lies at the southwestern coast of the Balochistan province. Since 2002, it has been given quite some attention; the government realized its potential of becoming a major hub port of the region, given its proximity to the Strait of Hormuz, a sea passage through which a fifth of the world’s oil transit occurs. MOUs have been signed and commitments made in excess of a billion U.S. dollars for projects at the port, including economic and industrial zones, an international airport, railway and road networks, and civic centers, among others. A few other multibillionaire projects in the province have been announced in connection with the port. Gwadar is Balochistan’s biggest and the province’s first international project at this scale.
However, Gwadar is subject to mixed implications; whereas several development initiatives have gone underway to exploit the port’s potential, there have been numerous conflicts, obstacles and delays and a serious lack of attention paid towards the port.
China’s focus has been at the center of the development of Gwadar. With global trade growing, as well as China and Pakistan’s international and bilateral trade soaring , Gwadar would be one more doorway for these two countries and the rest of the world. It could also be enrolled in China’s vast communication network – the String of Pearls. (Less)
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author
Yousaf, Tousif LU
supervisor
organization
alternative title
Gwadar Port: an unexplored gem of Pakistan?
course
EKHR71 20121
year
type
H1 - Master's Degree (One Year)
subject
keywords
Gwadar, port, China, foreign direct investment
language
English
id
3224614
date added to LUP
2013-01-15 11:17:29
date last changed
2013-01-15 11:17:29
@misc{3224614,
  abstract     = {Gwadar port is a deep-sea port that lies at the southwestern coast of the Balochistan province. Since 2002, it has been given quite some attention; the government realized its potential of becoming a major hub port of the region, given its proximity to the Strait of Hormuz, a sea passage through which a fifth of the world’s oil transit occurs. MOUs have been signed and commitments made in excess of a billion U.S. dollars for projects at the port, including economic and industrial zones, an international airport, railway and road networks, and civic centers, among others. A few other multibillionaire projects in the province have been announced in connection with the port. Gwadar is Balochistan’s biggest and the province’s first international project at this scale.
However, Gwadar is subject to mixed implications; whereas several development initiatives have gone underway to exploit the port’s potential, there have been numerous conflicts, obstacles and delays and a serious lack of attention paid towards the port.
China’s focus has been at the center of the development of Gwadar. With global trade growing, as well as China and Pakistan’s international and bilateral trade soaring , Gwadar would be one more doorway for these two countries and the rest of the world. It could also be enrolled in China’s vast communication network – the String of Pearls.},
  author       = {Yousaf, Tousif},
  keyword      = {Gwadar,port,China,foreign direct investment},
  language     = {eng},
  note         = {Student Paper},
  title        = {Is Gwadar Port an economic haven for Balochistan and Pakistan?},
  year         = {2012},
}