Gwadar Port is a warm-water, deep-sea port situated on the Arabian Sea at Gwadar in Balochistan province of Pakistan. The port is a major destination in the China–Pakistan Economic Corridor.

1. GWADAR PORT
Gwadar Port is a warm-water, deep-sea port situated on the Arabian
Sea at Gwadar in Balochistan province of Pakistan. The port is a major
destination in the China–Pakistan Economic Corridor.

2. POINTS
 1 Location
 2 Background
 3 Construction
 4 Operations
 5 Strategic importance
 6 Numismatics

3. 1. LOCATION
1. Gwadar is located on the shores of the Arabian Sea.
2. it is in Pakistan's western province of Balochistan.
3. It is about 533 km from Karachi , 120 km from the Iranian border and
380 km (240 mi) km northeast of the nearest point in Oman across the
Arabian Sea.
4. Gwadar Port is located at the mouth of the Persian Gulf.
5. It is also the nearest warm-water seaport to the landlocked.

4. 2.BACKGROUND
1. Pakistan identified GWADAR as a port site as far back as 1954 when GWADAR was still under
Omani rule.
2. MALIK FEROZ KHAN NUN was the 7th prime minister of Pakistan at that time.
3. When MALIK FEROZ known about OMAN , that he sold GWADAR in the hand of INDIA then he
went to OMAN in 8 September 1958 and purchase GWADAR from them.
4. The price of GWADER was 3million dollar.
5. Gwadar was officially the parts of Pakistan in 8 December 1958.
6. At that time it was small village of fishery with the population of few thousand.

5. 3.CONSTRACTION
1. Gwadar Port was developed by the Government of Pakistan at a cost of USD
$248 million
2. Phase I (2002-2006): USD $248 million. Status: Completed in December
2006
 Phase I .. the Port was completed in December 2006 and inaugurated
by General Pervez Musharraf on 20 March 2007.
3. Phase II (2007–present): USD $932 million. Status: Under Construction

6. 4. OPERATION
 Gwadar Port is owned by the government-owned Gwadar Port Authority and
operated by state-run Chinese firm .China Overseas Port Holding Company
(COPHC).Earlier it was operated by PSA(port of singapore authority)
International (2007-2012).
 In September 2011, the Wall Street Journal reported that Gwadar is doing little
business as a commercial port, and that Pakistan had asked China to take over the
operation.[9] A year later, China confirmed that it would be taking control of
Gwadar, which they believe has the potential to serve as an oil pipeline hub for
Chinese energy needs.[10]
 Pakistan on 18 Feb 2013 formally awarded a multi-billion dollars contract for
construction and operation of Gwadar Port to China. Under the contract, the port
which will remain the property of Pakistan but would be operated by the state-run
Chinese firm — China Overseas Port Holding Company (COPHC).[11]
 The contract signing ceremony was held on 18 Feb, 2013 in Islamabad and was
attended by President Asif Ali Zardari Chinese Ambassador Liu Jian, some federal
ministers, members of parliament and senior government officials.[11] The
ceremony was actually held to mark the transfer of the concession agreement
from the PSA (Port of Singapore Authority) to the COPHC.[11]

7. 5.Strategic importance
1. Gwadar is strategically located on the western end of Baluchistan coast on the opposite end of
the Gulf of Oman which is an important route for oil tankers bound for Japan and western
countries out of Gulf
2. Since outflow of goods from western China and Central Asia reaching Gwadar will pass through
this overland trade route
3. Pakistan could earn millions of dollars a year in terms of port and cargo handling charges and
also as freight charges for import cargoes and export goods
4. The Gwadar Port is expected to generate billions of dollars in revenues and create at least two
million jobs.
5. 3.5billon people rely upon Pakistan.(absolute gain)

8. 6.Numismatics
 Gwadar Port was featured on the back of the Five Pakistani Rupee currency
note, which is not in circulation now.

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THE END
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