Pakistan hands management of strategic Gwadar port to China

gwadar portCaptain Haleem Siddiqui, Chairman Marine Group of Companies, former minister for water and power has described the presence of China at Gwadar Port as a blessing for Pakistan economy.

So far Gwadar Port is far away from economic hub of Pakistan due to absence of infrastructure communication facilities which are a prerequisite to for supporting the port operations and a strong link with the rest of the economic centers of the country.

China has assured to develop hinterland infrastructure to link the port with rest of the country. When the hinterland is developed it will have a great spill over the economic activities that would be taken up by China for shipments of goods to and from Western part of China which is comparatively less developed when compared to Western China and China desires to develop its western part as well for which it will be using Gwadar Port

Actually China needs Gwadar Port more than Pakistan to carry out its development plans in the Western China which is far away from Eastern coast and transportation of goods would be much costlier than what it would cost through Gwadar Port.

So far Western China is the most deprived part of that country because all the industrial developments have been taken place in the Eastern part of China which has well equipped import and export facilities. Even if the Chinese products transport to its eastern part through Gwadar Port it will be cheaper in terms of money and time consumption.

So for the forthcoming industrialization in West of China would be in need of Gwadar port for import and export purposes Hence the take over of Gwadar Port by China will generate a great deal of economic activity in this part of the world and that would have a simultaneous spill over for the economic growth of Pakistan.

Apart from other things the western part of China is much closer to the access of oil and gas from Gwadar port, they can also lay a pipeline for conveying gas and oil from Gwadar Port. This will generate employment, and services sector in Pakistan and benefits to the people of Pakistan especially in Balochistan would be enormous and that would be opening of prosperity to Balochistan so far the most deprived province in the country.

This arrangement would strengthen the ties and cooperation between the two neighboring countries. Under the new arrangement the Gwadar Port would get a new status in the world and it would help remove the sense of deprivation among the people of Balochistan.

Gwadar would serve as gateway to Afghanistan and Central Asian States and successful operation of Gwadar Port as joint venture of Pakistan and China would promote bilateral trade and investment.

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About thomasdinnocenzi

Thomas D’Innocenzi is a highly accomplished, results-focused international consultant with extensive experience in global sourcing and business development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global marketing and sourcing operations. He has extensive experience in international business development to accommodate rapid growth. Skilled in building top-performing teams, bench-marking performance, and developing organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. Tom founded Nova Advisors with the mission of providing expert Global Business Development consulting services for companies seeking to expand their market share as an independent consultant. Tom has a network of experts and advisors throughout the Asia-Pacific region and North America. His expertise includes business development, global sourcing, manufacturing, commodities, logistics, QA/QC, FDA, regulatory compliance, sustainability, and supply chain optimization. Tom is experienced in the medical device, apparel, consumer goods and technology services verticals helping companies advance their global sourcing capabilities and develop new markets through a local and sustained approach. Located in SE Asia and the United States, Tom expands market reach to drive sales. His global sourcing strategy includes directly negotiating with commodity suppliers, supply chain networks and distributors for optimal terms based on his expertise and first-hand knowledge of the players. Contact Tom to use his consulting service to increase your global market and make global sourcing profitable for you in the Asia Pacific Region and the United States. http://www.NovaAdvisors.com thomas@NovaAdvisors.com USA Direct: +1.904.479.3600 SINGAPORE: +65.6818.6396 THAILAND: +662.207.9269
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