Gwadar, Balochistan – the city even some Pakistanis had not heard of before, is finally taking center stage after the booming agreement of the Pak-China corridor. It is currently under development as a free trade port. After a 248 million USD agreement in 2007 with China, the Gwadar port was handed to China in 2013 – with the initial investment of about 750 million USD. Gwadar has the potential to acquire the status of a center piece as a gate to Strait of Hurmoz – it can compete with the UAE ports by improving the exiting links to the Caspian, thus, providing a better trade route to the land locked Caspian Region. In short, Gwadar could be the next Dubai, very, very soon! Here’s how we think Gwadar would like in 20 years if everything goes according to plan.. Pakistan’s trade within South Asia will multiply by 22 ship-hangers – creating increase in import and export through Gwadar Once the new port is up and running, ships form all over the world will find resort in Gwad...
