China takes over Gwadar port from PSA International

[farhan_9909]

China tacitly confirmed reports of taking operational control of Gwadar deep-water port from Singapore's PSA International, reported news agency Press Trust of India on Tuesday.

According to the PTI report, China may convert the port into an oil pipeline hub to augment its energy supplies from the Gulf.

The report quoted China Foreign Ministry Spokesperson Hong Lei as saying, "China and Pakistan are neighbours of traditional friendship. Over the years, China and Pakistan have engaged in wide-ranging cooperation in all fields including infrastructure construction with a view to helping Pakistan improve people's well-being and promote social and economic development."

Earlier, Minister of Ports and Shipping Babar Ghauri said in an interview that Pakistan had reached an agreement with PSA where they have decided to leave the port and discussions on a possible Chinese investor were underway.

Pakistan Prime Minister Raja Pervaiz Ashraf is also due to visit China to attend the World Economic Forum 2012 in September. During the visit, Chinese Premier Wen Jiabo is expected to hold talks with Ashraf, the report stated.

Gwadar, built with a loan from China, is close to the Pakistan-Iran border and the Strait of Hormuz, through which much of the Gulf's oil exports are carried by ship to international markets.

China confirms takeover of Gwadar port: Report – The Express Tribune

 

[Ray]

Good show.

It will help the Pakistani rise from their poverty.

However, a pipeline passing through Baluchistan will not be a safe bet even if it hugs the Makran Coast all the way to Karachi and thence North!

 

[farhan_9909]

this was late.

Why in the first place they ha had given thirt Singapore

anyway if the news is true
they will change the face of gwadar in just 5 mins.

Also the proposed train/road link

 

[pankaj nema]

this was late.

Why in the first place they ha had given thirt Singapore

anyway if the news is true
they will change the face of gwadar in just 5 mins.


Also the proposed train/road link

No mate you can ONLY make a GOOD cup of tea in five minutes

Nothing more

 

[pankaj nema]

Pakistan has accumulated so much debt to China that NOW it has
to give away its land to China to repay its debt

First it was Giligit Baltistan and Now Gwadar

 

[pankaj nema]

This is the REALITY of Gwadar

Don't look a gift horse in the mouth | Business Recorder

 

[arya]

Good show.

It will help the Pakistani rise from their poverty.

However, a pipeline passing through Baluchistan will not be a safe bet even if it hugs the Makran Coast all the way to Karachi and thence North!

what will be effect on India ??

china want our friendship against usa

 

[Virendra]

this was late.
Why in the first place they ha had given thirt Singapore

Even I was surprised on why Pakistan wasn't giving everything just to China. How dare they consider another vendor at all when everything is booked for China :shocked:
Ask your Govt. They'll tell you that China wasn't interested then.

anyway if the news is true
they will change the face of gwadar in just 5 mins.

Also the proposed train/road link

Indeed. We wanted to know how Pakistan will benefit in short term and long term by Chinese take over of the port and the rail road links built by Chinese, for use by Chinese, to carry Chinese goods, from and to China ??

 

[Ray]

BY giving to Singapore, Pakistan wanted to indicate that there was no military intentions.

It was still in the making with the Chinese construction company.

I presume all the structures are ready or are in the offing to be ready, the military equipment is to be installed. Obviously, since the eqpt is for China and by China, the port has to be handed over to China!

 

[Blackwater]

It clearly shows how terrified and concerned are pakistan army and GOVT of its own security. After aksai chin they want to involve china in gawadar too. they want china as guarantee cheque

but it is pak miss conception that china will help them. History proved china has never helped Pakistan in any war..