The importance of Pak-China cooperation in infrastructure development can be best understood if one goes through the Indian opposition of Chinese support for Gwadar port. Although, India itself is helping Iran in construction of Chabahar port, located at a distance of around 70 kilometers from Gwadar. It seems that India is fully aware of the fact that Pakistan offers the shortest and cost effective route to Central Asia via …
Read More »All roads lead to Gwadar
On 10th April 2016, talking to the Washington Post, Zhang Baozhong, Chairman of China Overseas Port Holding Company said that his company could spend a total of $4.5 billion on roads, power, hotels and other infrastructure for the industrial zone, which he said would be open to non-Chinese companies. The company also plans to build an international airport and power plant for Gwadar. This would be the first time …
Read More »Ports play integral role in the economy
Karachi Port one of the most expensive ports in South Asia Interview with Captain Anwar Shah Profile Captain Anwar Shah is a reputed professional in the management and operation of port terminals, maritime transport and logistics industry with a vast experience of over 50 years that includes marketing, chartering, marine insurance hull and P&I Club, Cargo Claim Survey, Shipping and Trading documentation, Salvage of Ship and Damaged Cargoes, …
Read More »An overview of Karachi port – Outstanding performance of KPT’s import and export cargo handling in 2015-16
The existence of Karachi Port dates back to eighteenth century when Alexander the Great, ended his campaign along the Punjab Rivers and Indus. His Admiral Nearchus, with his fleet, reached Krokala, which is known today as Keamari. Writers like James Rennell (1792) and M. R. Haig (1894) have identified this place in their scripts. Alexander Baillie mentions Arabic Treatise “Mohit” to be used as “Port” for the first time …
Read More »Achieving CPEC, Gwadar port: how important for Balochistan business fame?
Gwadar Port in Balochistan is of immense importance not only for trade with Central Asian Republics (CARs) but also for the development of Pakistan across the Asian region. Of course, Gwadar has the potential to become a hub of major economic and commercial activities in the region. There is a high need for establishing roads and warehousing facilities at Taftan, Chaman and Torkham borders in order to make full …
Read More »Gwadar port: A mega seaport project for development of small, medium and large scale industries
Balochistan is a strategically located province. The ongoing mega development projects like Gwadar deep-sea port would make the province a hub for regional transport more effectively for land locked Afghanistan and Central Asian states. This would accentuate the existing road network in Balochistan. Therefore Balochistan urgently needs a mega road sector development project to cope with the new circumstances after the completion of mega projects in the province and …
Read More »The containerized shipping industry – where does Pakistan stand?
The global trends in the shipping industry have drastically changed with containerized cargo shipments taking over the bulk cargos. From cost effectiveness of shipment to increased convenience coupled with the high level of security, the growth in containerized cargo at the Karachi Port has been substantial from 1,590,000 TEUs in the fiscal year 2013-14 to 1,720,000 TEUS in 2014-15. This is an 8.4 percent growth compared to bulk cargo …
Read More »Gwadar port emerging as logistics hub in the region
In the present age of globalization, Gwadar port has greater scope and tremendous potential to emerge as distribution and logistics hub in the region. Strategically located Gwadar port can be converted into a regional hub of international trade. By virtue of its geography, Gwadar has greater potential, wider scope and brighter prospects to emerge as center of trade and commerce serving at least 20 countries in the Asian region. …
Read More »Gwadar port set to emerge as largest business center of the world
Port has wider scope and brighter prospects as a trade and commerce hub to serve 20 countries in Asia After the formal declaring of Gwadar Port a free trade zone and handing over to China last year, all business affairs of the Gwadar Port in Balochistan now are being carried out by Chinese authorities. Last year, the Pakistan government has formally handed over the 2,281 acres free trade zone …
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