On the shores of the Arabian Sea, Gwadar Port is located at the mouth of the Persian Gulf, just outside the Straits of Hormuz, near the key shipping routes. It's the third largest seaport planned in Pakistan. Gwadar lies at the convergence of three most commercially important regions of the world, ie Middle East rich in oil, Central Asia bestowed with natural resources and South Asia having big potential for growth. It's also an important node for the development of 21st Maritime Silk Road. Being a Deep Sea Port and taking advantage of its location, Gwadar has significant potential to be the gateway and hub of world business and trade catering for Pakistan and neighbor countries commercial activities.

China-Pakistan Economic Corridor

Taking China-Pakistan Economic Corridor as the center, we will focus on Gwadar port, energy, infrastructure and industrial cooperation to form a "1+4" cooperation layout.

"Building a community of Shared future for China and Pakistan to forge a new path of win-win cooperation"

(Speech delivered by Chinese president Xi Jinping at Pakistan's Parliament)

Gwadar Port Orientation:

1 Gateway for China-Pakistan Economic Corridor

2 Potential Transshipment Hub for Liner Vessels

3 Gateway for Central Asian Countries

4 Support of Economic and Social Development for Western Pakistan

Gwadar Port has 3 multifunctional berths which can accommodate two 50000-ton vessels simultaneously, including 5 STS cranes, 1 50 RF reefer container allocations, and the stack yard of 500000 square meters. The port can handle containers and other goods including bulk-cargo, general cargo and RORO. Currently, seafood containers from Pakistan western coast area can be exported through Gwadar Port to China, Middle East and other regions. Gwadar port is now connecting Karachi by marine high coast way, and connecting Punjab Province and Sindh Province with M8 highway.

Copyright Business Recorder, 2018