The Economic Viability of Gwadar Port: An Economic Hub for Maritime Trade

Afridi, Hikmat Shah; Bibi, Sumayya; Muhammad, B.

doi:10.31703/gpr.2016(i-i).03

Cited by 4 publications

(8 citation statements)

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“…The port is providing more options for regional and international shipping, as well as restoring economic ties between China and the CARs. Gwadar Port has a wide area of influence, reaching northward to many of the former Soviet states, westward to Iran, the Gulf, the Middle East, and East Africa, and southward to India and Sri Lanka (Afridi, Bibi, and Muhammad 2016).…”

Section: Geostrategic Imperatives With Respect To the Economy And The Regionmentioning

confidence: 99%

“…Modern commercial activities have further intensified the need for marine and riverine trade routes (Malik 2012) on the basis of which the significance of ports cannot be overlooked in a geoeconomic and geostrategic context (Naseem 2014). Ports can connect a country to the outside world and become an essential nucleus of commercial activities, contributing to the economic development of a state (Afridi, Bibi, and Muhammad 2016). Pakistan is blessed with plenty of natural resources, a diverse geography, and a 990-kilometer coastline extending toward the west and the southeast, with the established ports of Qasim and Karachi and the country's recently established second marine base of Ormara (Hussain and Hussain 2017).…”

Section: Introductionmentioning

confidence: 99%

“…China is investing around US$46 billion in the China Pakistan Economic Corridor (CPEC) in an effort to secure its future energy needs. The Chinese are fully committed to intensifying and optimizing their strategic relationship with Pakistan over a broad spectrum, as well as promoting the peaceful development of the region (Afridi, Bibi, and Muhammad 2016). CPEC is the flagship project of China's Belt and Road Initiative (BRI), and it is seen in Pakistan as a strategic shift in Sino-Pak relations from geopolitics to geoeconomics (Kazi 2020).…”

Section: Introductionmentioning

confidence: 99%

“…This route will not only be cheaper but also safer than transporting oil by sea. Currently, tankers take twenty days to travel from China to the Persian Gulf; it will only take forty-eight hours for oil to reach China through Gwadar (Afridi, Bibi, and Muhammad 2016). By offering a new trade route, Gwadar resolves China's "Malaccan dilemma" (Dinesh 2021).…”

Section: Introductionmentioning

confidence: 99%

“…By offering a new trade route, Gwadar resolves China's "Malaccan dilemma" (Dinesh 2021). As one end of CPEC, Gwadar will be linked to Xinjiang by a 900-kilometer road which follows the route of the Indus Highway (Afridi, Bibi, and Muhammad 2016). Gwadar, situated on the Arabian Sea, is one of the world's largest deep-water ports (Tanoli 2016).…”

Section: Introductionmentioning

confidence: 99%

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Geostrategic Imperatives for Pakistan of Gwadar Port

Hussain¹,

Nawaz²

2021

AJP

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The geographical environment is believed to be one of the most important elements influencing the expansion of human civilizations along watercourses. The contiguity of Gwadar Port to the dominant trading routes and energy chokepoints of the world contributes to its prominence in the regional framework. Gwadar will turn Pakistan into a regional corridor due to its geographic location in relation to the enormous supply and consumer market economies of different regions. This study is explanatory and qualitative, and it emphasizes the geostrategic imperatives driving the development of Gwadar Port, including those connected with Pakistan's economy and its position in the region, military strategy, and the development of Baluchistan Province, and concludes that the opening of the port has substantially enhanced the economy and security of Pakistan.

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Section: Geostrategic Imperatives With Respect To the Economy And The Regionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

Geostrategic Imperatives for Pakistan of Gwadar Port

Hussain¹,

Nawaz²

2021

AJP

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Maritime Economy and Gwadar Port: A Growth Catalyst

Kalim¹,

Syed²

2020

Policy Perspectives

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Today maritime economy recognizes the seas and oceans as the main driving force for the sustainable economic growth across the globe. Pakistan with its unique geographic location is blessed with approximately 1050 km long coastline and the Exclusive Economic Zone (EEZ) covering an area of about 240,000 sq km. In a brief history of globalization, seaborne trade and sea ports have made significant contributions towards socioeconomic development, thereby strengthening economic ties among states of various regions. Similarly, Pakistan's Gwadar port emerges as an ideal hub port in the region due to its unique strategic placement to attract trade from Central Asia, Afghanistan, west China and other countries due to its proximity to the Strait of Hormuz (SoH), which is the main shipping route, and connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. Today, Gwadar's geostrategic positioning enables it to monitor and control the oil trade routes and Sea Lines of Communications (SLOCs) between the regions of South Asia, West Asia, Africa and Central Asia. Gwadar's deep–sea port characteristic is one of the rare features which equips it to expand its operation to the 88 berths and capacity to anchor gigantic vessels from 100,000 DWT to 200,000 DWT. The working capacity of the Gwadar Port is equal to the Persian Gulf ports. This paper attempts to determine the potential and strength of the Gwadar Port as a growth catalyst for Pakistan as the country's international trade is directed through the sea.

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Impact Assessment of Gwadar Port on China-Pakistan Economic Corridor: A Case Study

Nazir

2021

JAABE

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China Pakistan Economic Corridor (CPEC) is based on a broad development strategy that not only has a strong impact on the economy of both countries but also has the potential of inclusion with other regions of Asia. The improvement of trade and infrastructure, and the linking of different regions are the main objectives of CPEC. In this regard, Gwadar’s deep-sea port serves as a hub that offers potential economic benefits not only to Pakistan but also to its surrounding regions. It offers an efficient track to conduct the trade of the Central Asian natural resources with the other regions of the world along with an easy approach to developing Asia’s customer markets. This paper tries to identify the importance of the Gwadar port using the qualitative research approach. It also intends to ensure access to those opportunities that could resuscitate Pakistan’s economic development under CPEC. Moreover, it aims to analyze the strengths and weaknesses associated with the Gwadar project. The findings revealed that the Gwadar port will be a keystone in the economic revival of Pakistan as well as Baluchistan. It will change the fate of the country by decreasing poverty and generating employment for the educated and skilled young people by providing them with the opportunity to seek jobs in their home country. However, the current study suggests that it is only possible when the Pakistani government will address all the concerns of the local inhabitants and regional bodies in order to make Gwadar not only a national but also a regional economic hub. Political parties and the Pakistani government should develop consensus on all CPEC strategies and development plans. Additionally, the governments of Pakistan and China must make an equal opportunity-based policy and plan to address the reservations and concerns of the local parties.

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The Economic Viability of Gwadar Port: An Economic Hub for Maritime Trade

Cited by 4 publications

References 0 publications

Geostrategic Imperatives for Pakistan of Gwadar Port

Geostrategic Imperatives for Pakistan of Gwadar Port

Maritime Economy and Gwadar Port: A Growth Catalyst

Impact Assessment of Gwadar Port on China-Pakistan Economic Corridor: A Case Study

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