Preparations to turn Gwadar into an international port

Preparations to turn Gwadar into an international port

Pak-China trade and economic cooperation have been moving forward smoothly for the past several years. Regarding Pak-China relations and US assistance to Pakistan

The most beautiful:

Chairman Mao declared China's independence in 1949, and the Chinese leadership and people worked diligently and hard to prove that development goals can be achieved with good planning. 


The 46 46 billion investment in Pakistan is the largest investment in any other country in China's history and marks the beginning of a new era in the China-Pakistan trade corridor.


Chairman Mao declared China's independence in 1949, and the Chinese leadership and people worked diligently and hard to prove that good planning can achieve the goals of rapid development. 


This partnership between China and Pakistan goes beyond changing circumstances and domestic politics and is an excellent example of very strong ties at the state level.


China is making sincere efforts to improve the infrastructure in Pakistan by investing in various sectors which will help improve the living standards of the people.


The construction of Karakoram Highway is a memorable example of China's cooperation with Pakistan in the past and now it is being finalized in Gwadar Pak-China Economic Project by upgrading it in connection with the proposed Economic Corridor between the two countries. 


The trade corridor project will provide a link to Chinese traders to deliver their products to international markets through the port of Gwadar.


The Economic Corridor is being established under a strategic partnership between the two countries. Proposed locations for freight and industrial parks include Sost, Gilgit, Abbottabad, Lora Lai, Kohlu, DG Khan, Bhakkar, Rajanpur, Kashmore, Jacobabad, Khuzdar, Basima, Panjgur, Turbat, and Gwadar.


Pak-China trade and economic cooperation have been moving forward smoothly over the years.


An analytical report on Pak-China relations and US aid to Pakistan states that the United States lags behind China in this area, with China investing 46 46 billion in Pakistan and the United States since 2009. 


The total aid provided so far is only  5 billion. According to the report, the highest investment in any other country in Chinese history is  46 billion and this China-Pakistan trade corridor is ready to become a reality.


With a 2,000-mile road network to the port of Gwadar over the next 15 years, half the world's 3 billion people will emerge as a new economic power. The project also includes an additional 6,600 megawatts of electricity at a cost of 18 18.3 billion. 


Reacting to this, the US State Department official said that the infrastructure between Pakistan and China has a lot of potential in transit.


Andrew Small, the author of China-Pakistan Axis, Asia's New Politics, says China is reacting to the failure to provide Western aid in order to bridge the gap between Western countries and China in terms of aid. China's position is that the West gave less, but we did everything on a large scale. 


According to the report, compared to the United States, China has 33 33.79 billion in energy, 5. 5.90 billion on highways, 69 3.69 billion on the rail, and 60 1.60 billion in mass transit in Lahore.  1 billion, 0. 0.66 billion at Gwadar Port, 0.04 billion on China-Pakistan Fiber Optics, bringing the total to 0.6 45.69 billion.


In this way, China took over from the United States. At the same time, the Pak-China Economic Corridor project will provide new investment opportunities in Pakistan for investors from all over the world, which will help boost the regional and global economy. 


According to the report, strategic cooperation is central to Pak-China relations, not just economic and political ties.


The secret of China's development lies in the implementation of scientific planning and step-by-step strategies that cover even 10,000 miles. We learn from China's development experience that with hard work To work With good planning, development goals can be achieved. 


China established high schools in the Cultural Revolution, focused on economic development, and after Mao's death in 1978, China's new leadership embarked on a new journey and introduced reforms. 


Today China is the second-largest economic power in the world. In 80 projects in the corridor, the focus has been on energy. Pakistan will meet its energy needs with the help of China. 6600 MW power plants will be set up in the next ten years using K coal.


Under the corridor, the port of Gwadar will be converted into an international port. 


Another important pillar of the Pak-China Economic Corridor is the promotion of regional ties, Pakistan will become a bridge of economy, trade, and energy, the region's 3 billion population will reap tremendous benefits that will be a great achievement of the 21st century. 


The impact will reach Pakistan, China, Europe, the Middle East, and every region will benefit from this project.


Thanks to this project, investors from Japan, the USA, and Europe will also come to Pakistan.


The projects launched under the name of China-Pakistan Economic Corridor will bring political stability to the country and alleviate economic and security concerns. 


According to experts, this project will be a game-changer and it is a broad policy plan called Belt One Road.


Preparations to turn Gwadar into an international port Preparations to turn Gwadar into an international port Reviewed by Muhammad Akram on September 16, 2020 Rating: 5

No comments:

Powered by Blogger.