Gwadar port is a developing warm deep sea port situated at gwadar in baluchistan at the apex of the arabian sea and at the entrance of the persian gulf about 460 km west of karachi and approximately 75 km east of pakistan border with iran.The port is located on the eastern bay of a natural hammerhead shaped peninsula jutting out into the arabian sea from the coastline.
Gwadar port is being constructed in two phases with heavy investment from china.Techncial and fiancial feasibility studies were commenced by the goverment of pakistan in 1993 but construction did not commence until 2002.The gwadar port was built on a turnkey basis by china.It was inaugurated in the spring of 2007 on completion of the first phase.Gwadar port is now being expanded into a deep sea port and naval base with chinese technical and financial assitance.Gwadar port became operational in 2008 with first ship to dock bringing 72,000 tonnes of wheat from canada.The port was officially inaugurated in 21 december 2008.
China has acknowledged that gwadar strategic value is no less than that of the karakoram highway which helped cement the china pakistan relationship .Bejing is also intrested in turning it into energy transport hub by building an oil pipeline from gwadar into china's xinjiang region.The planned pipeline will carry enable oil sourced from arab and african states.Such transport by naval forces in case of any major war.
commercially it is hoped thatcthe gwadar port would generate billions of dollars in revenue and create at least two million jobs.In 2007 the goverment of pakistan handed over part of opreation to.The port of singapore authority singapore for 25 years and gave it the status of tax free port for the following 40 years.....
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