Gwadar Port: Pakistan, China all set to develop master plan

Discussion in 'Pakistan' started by Neo, Feb 15, 2014.

  1. Neo

    Neo Senior Member Senior Member

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    Gwadar Port: Pakistan, China all set to develop master plan
    Both countries will meet to discuss proposed $12b investment in economic corridor.


    By Zafar Bhutta:
    February 15, 2014

    [​IMG]
    Under the short-term plan, Islamabad and Beijing want to develop Gwadar Port, whose control had already been given to China, in a bid to attract investment in different sectors. PHOTO: FILE


    ISLAMABAD: In a strategic move, Pakistan and China are set to make headway towards developing a master plan for Gwadar Port as part of an economic corridor that envisages investment of $12 billion by Beijing.

    Officials of the two countries will take up the matter during talks in Beijing on February 17, where Pakistan’s team will be led by Planning and Development Minister Ahsan Iqbal, officials say.

    As part of the economic corridor that will turn Pakistan into a hub of regional cooperation, Gwadar Port will be connected through road, rail and fibre links to China to help enhance trade between the two countries.

    Oil and gas pipelines are also part of the economic corridor over the long run, which is expected to provide a much-needed boost to economic activities in insurgency-hit Balochistan, according to the officials.

    Under the short-term plan, Islamabad and Beijing want to develop Gwadar Port, whose control had already been given to China, in a bid to attract investment in different sectors to make it a hub of economic activities. Under this plan, an oil city will be set up at the port to meet fuel needs.

    However, the United States and India are not pleased with the handing over of Gwadar Port to China, which will enhance its presence in the sea.

    The government is also looking to revive the abandoned Coastal Oil Refinery at Gwadar, a project that had been shelved by China in 2009-10 after operations of the port were handed over to the Singapore Port Authority. A global recession compounded the problems, providing another reason to shelve the project.

    The refinery, designed to have a maximum output of 60,000 barrels of oil per day, is part of China’s plan to invest $12 billion in multiple projects in Pakistan.


    Oil pipeline

    Officials pointed out that the oil and gas pipelines depended on normalisation of relations between the US and Iran.

    Though Iran supplies oil and gas to Turkey, China and India, the US is piling on the pressure on Pakistan to stop it from importing energy from Tehran. Experts describe it an attempt to push Pakistan towards economic collapse due to acute energy shortages.

    The PML-N government, which took over in June last year, has already offered Beijing to lay an oil pipeline from Gwadar to western China – a move that will allow the latter to diversify and safeguard crude oil import routes.

    Officials suggested that the oil pipeline could later be linked with Iran, which had already offered to build a pipeline from its territory to Gwadar for the transport of crude oil.

    During the previous government’s tenure, Iran had also expressed its willingness to set up an oil refinery at Gwadar Port with a production capacity of 400,000 barrels per day.

    Officials pointed out that Gwadar Port was quite close to the Persian Gulf through which nearly 40% of world’s oil supply flows. China meets 50% of oil demand through imports from the Middle East. The supply line to China runs over the 10,000km Dubai-Shanghai-Urumqi ocean route.

    “The crude oil processed and refined at the Gwadar oil refinery can be exported to Urumqi through the shortest possible route, which is Dubai-Gwadar-Urumqi spanning over 3,600 km. For this, an oil pipeline will be laid through the energy corridor up to western China via Karakoram Highway/Khunjrab Bypass,” an official said.

    Source: Gwadar Port: Pakistan, China all set to develop master plan – The Express Tribune
     
    Last edited: Feb 15, 2014
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  3. Blackwater

    Blackwater Veteran Member Veteran Member

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    interesting to see how it will provide benefit to people of Baluchistan, or people of punjab will take away all the pie as usual:p:p:p
     
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  4. amoy

    amoy Senior Member Senior Member

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    Pakistan to Hand Over 2,281 Acres of Gwadar Port’s FTZ to China
    By Zhu Xi (People's Daily Online) 07:19, November 11, 2015

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    Pakistani authorities will formally hand over 2,281 acres of Gwadar Port’s free trade zone on a lease of 43 years to the Chinese state-owned company, China Overseas Ports Holding Company on November 11, 2015.

    Wang Xiaotao, Chinese Vice Chairman of National Development and Reform Commission, will lead a delegation of top-level officials and private companies leaders to attend the hand-over ceremony.

    Ahsan Iqbal, Pakistani Federal Minister for Planning, Development and Reform will also attend the ceremony. A high level meeting of both authorities will be held in Karachi on November 12 to complete the formalities. The Pakistani government has already declared Gwadar port a free trade zone for the next 23 years.

    The scheme is part of the China-Pakistan Economic Corridor (CPEC), an ambitious $46 billion investment plan linking western China to the Arabian Sea with infrastructure, energy and transport projects.

    The Pakistan government has also committed to form a special security force of between 10,000 and 25,000 men to protect Gwadar port and the Chinese workers.

    [​IMG]
     
  5. bose

    bose Senior Member Senior Member

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    The benefit if at all will be for Chinese and none will go to Pakistan ... Pakistan will end up up paying more for up keep of roads, infrastructures and security while Chinese will reap the benefits...

    Listen to what the Pakistanis are saying before it has even started...

    listen to at 0.52 sec... Chinese are supplying coal based power plants that they themselves are shutting them out in 2020 ...

     
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  6. bose

    bose Senior Member Senior Member

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    This is from a Pakistani General itself...

     
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  7. bose

    bose Senior Member Senior Member

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    Another from Pakistani Media...

     
  8. BATTLE FIELD

    BATTLE FIELD Battle Captain

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    this shows the pakis weakness.
     
  9. Blackwater

    Blackwater Veteran Member Veteran Member

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    pak is just like ghasti who lay on any bed who pays more or even pay:biggrin2::biggrin2::biggrin2::biggrin2:
     
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  10. SLASH

    SLASH Senior Member Senior Member

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    Have been hearing of this gwadar port for the past 10 years. Nothing on the ground suggest that it will be as successful as on paper.
     
  11. Compersion

    Compersion Senior Member Senior Member

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    What is distance of Israel and Europe and mecca from gwadar and Baluchistan.

    How far is the range of the made in PRC and north korea missiles that Pakistan has. And.range of its jets and water boats.

    Making gwadar and nearby areas more developed with military foot print make Pakistan sphere of influence (vulnerability) reach into Saudi Arabia and Israel and even europe. Forget the Indians ... And we must not also forget Iran and Afghanistan
     

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