Custom Search

Friday, June 11, 2010

karachi Gwadar highway

karachi-Gwadar highway





Gwadar (Urdu: گوادر) is located on the southwestern coast of Pakistan, on the Arabian Sea. It is strategically located between three increasingly important regions: the oil-rich Middle East, heavily populated South Asia and the economically emerging and resource-laden region of Central Asia. The Gwadar Port was built on a turnkey basis by China and signifies an enlarging Chinese footprint in a critically important area. Opened in spring 2007 by then Pakistani military ruler General Pervez Musharraf, in the presence of Chinese Communications Minister Li Shenglin, Gwadar Port is now being expanded into a naval base with Chinese technical and financial assistance. Gwadar Port became operational in 2008, with the first ship to dock bringing 52000 tonnes of wheat from Canada. Minister of Ports and Shipping Sardar Nabil Ahmed Khan Gabol officially inaugurated the port on 21 December 2008.China has acknowledged that Gwadar’s strategic value is no less than that of the Karakoram Highway, which helped cement the China-Pakistan nexus. In addition to Gwadar serving as a potential Chinese naval anchor, Beijing is also interested in turning it into an energy-transport hub by building an oil pipeline from Gwadar into Chinese-ruled Xinjiang. The planned pipeline will carry crude oil sourced from Arab and African states. Such transport by pipeline will cut freight costs and also help insulate the Chinese imports from interdiction by hostile naval forces in case of any major war.

Commercially, it is hoped that the Gwadar Port would generate billions of dollars in revenues and create at least two million jobs. In 2007, the government of Pakistan handed over port operations to PSA Singapore for 25 years, and gave it the status of a Tax Free Port for the following 40 years. The main investors in the project are Pakistani Government and People's Republic of China. China's plan to be engaged in many places along oil and gas roads is evident.









The karachi-Gwadar highway, also known as coastal highway, runs from the city of Karachi to the under-construction new port (and subsequently a new city to be in future) along the coast of the Arabian sea. Its also runs through some of the strangest rock formations on earth and mud-volcanos.
































0 comments:

Post a Comment

free counters

Followers

Text

  ©Template by Dicas Blogger.