Sunday, September 10, 2006
Gwadar by virtue of its finest location, development projects, recreation programmes and Government’s special attention, will soon turn into a city which will be comparable with cities like Singapore, Hong Kong and Dubai.
Dubai is the hub of business not only for Gulf but also for rest of the world including Europe, United States, Africa, China and Central Asian States, simultaneously. The gulf region is facing many political conflicts at the moment and huge disturbances in the current administrative structure are expected in the coming years. In such a scenario, a substitute of Dubai is essential to be located before the crisis hits the finances of millions. The substitute shall be a nearest point probably, to ensure continuous supply line of oil from Gulf to the outer world. Fortunately, Gwadar proves to be the nearest and infact more cost-effective substitute of Dubai, from many aspects.
China is emerging as a super economic power of the world in the recent years. Despite occupying a huge area of world\'s land, it doesn\'t have any port of hot waters, which can be used the whole year. The distance of Chinese industrial approach to the Shinghai port is approximately 16000 km and the sea travel of 2-3 months is additional. This costs them a lot in the form of taxes and duties as well. As compared to this, Gwadar port is only on a distance of 2500 km from China and the port is working for the whole year because of the hot waters here. Therefore, the interest of China in the development of Gwadar port is infact in the interest of Chinese economy.
The central Asian states, after the independence from USSR, are trying to develop their economies. These states are land locked and Karachi was expected to provide them the services through Afghanistan. For the purpose, a highway from Peshawar to Karachi was constructed but due to Afghan crisis, this line couldn\'t be established. The Afghan situation is till not clear, so, Gwadar being near to Iranian border will provide port facilities to Central Asia as well.
Trans Afghan Gas Pipe Line
The 1400km-long Trans-Afghan Gas Pipeline (TAP) from Turkmenistan to Gwadar (Pakistan), the long dormant project that hopes to pump Turkmen natural gas to markets in South Asia, is finally poised to step off the drawing board costing $3 billion.
Posted by Jesus Reyes at 5:43 PM