China’s needs & support for the development of Gwadar Port

China has very well supported the Gwadar Port project in all fields like management, construction and finance. Gwadar port is the great symbol of Sino – Pakistan friendly relationship in new century. Gwadar port project was planned long time back in 1993 after the completion of its feasibility studies. Chinese Premier Zhu Rongji visited Pakistan in May 2001 and under – writes the Gwadar port project. On March 22, 2002, Chinese Vice Premier Wu Bangguo visited Pakistan and laid the foundation of the Gwadar project. These visits were very important for the peace and development of this region after 9/11 attacks and presence of US army in the region.

Phase I of Gwadar port project has been completed with the total cost of Us$ 248 million of which China has provided the biggest portion of Us$ 198 millions. Chinese Engineers and technicians have worked days and nights on this project and completed the first phase of three Multipurpose Berths, related port infrastructure, Tugs, and Survey Vessels etc. Chinese government also has invested US $ 200 million for the coastal highway joining Gwadar port to Karachi. China is continuing its financial and technical support for other phases, which will complete in future with the cost of US$ 526 millions. These next phases will feature construction of nine more berths.

This project is very much important and beneficial for both Pakistan and China. PakistanKarachi so that in times of hostility naval ships does not get any kind of blockade. Pakistan also needs to develop the province of the Baluchistan into a business hub as it is very near to oil producing markets. China has a great interest in the blue waters with the Persian Sea and China does not have any port in this region. Gwadar port can be very important and may serve the purpose for China for both its military and oil resource needs. needs another deep port sea away from

Gwadar port is also important for China for creating a string of pearls with its strategic ports of Bangladesh, Srilanka, Burma, and South China Sea etc as eighty percent of Chinese oil resources move from these ports. This string may be the strategic defense line of China’s oil management and oil movement, which will give China a forward footing. This project is also solidifying the growing strategic relation between Pakistan and China in economic and technical fields. All Pakistanis warmly welcome Chinese support in the development of Gwadar port, as they really want Sino – Pakistan strong relationship in the presence of US military near around.

There have been some incidents of terrorism against Chinese Engineers working on Gwadar port project, which took some precious lives, but China continues its support for the project without any kind of delays. Pakistani people and government are very thankful to Chinese Government and people for their continue support of projects and economics assistance to Pakistan in all types of circumstances. Chinese support and assistance in Gwadar port project will leads to stronger Sino – Pakistan relationship in future.

 


Article Source:China Sourcing Blog

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