The Potential and Prospects of Gwadar Port

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Abstract

Gwadar Port has huge potential of transforming not only the economy of Pakistan, but also the region. This paper highlights the future scenario of energy transactions for both China and Pakistan, and looks at how Gwadar Port can revive the economy of Pakistan under the fast growing mutual interdependence between the two countries. The connectivity will greatly impact upon the economy of Pakistan as China will invest huge sum of capital in terms of investment, assistance, and transfer of technology in building many mega-projects over a long period of time. Based upon the literature review, the paper also investigates into the vital role Gwadar Port could play in regional economic integration of South and Central Asia.

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