What Does the Future Hold for Gwadar

Gwadar is the first port city that serves as the entrance for the attractive trade routes that are the CPEC China Pakistan Economic Corridor and One Belt One Road (OBOR) startup. Located in the Balochistan province of Pakistan, Gwadar had a deserted look for the past many years with no hopes for development and almost no part in Pakistan’s economy. It practically did not exist and today it is the most game changer part that will boost the Pakistan economy for the upcoming years. Gwadar is the future of a stronger Pakistan.

Here are 10 reasons what future holds for Gwadar

1-New jobs and business for Pakistan:

The development of Gwadar is a huge project which involves financing billions of dollars from Chinese government as part of the CPEC. This joint venture will involve development of port facilities and also residential and commercial infrastructure providing hundreds of employment opportunities for the local residents.

2-Big boost to the real estate sector:

Recently Balochistan has been considered less developed than other provinces of Pakistan. By the development infrastructure of Gwadar, it will boost the real estate market of Balochistan, which millions of Pakistani will benefit from and it will also bring foreign investors.

3- Strategic location will benefit all those involved:

Gwadar is ideally located on the coast of the Arabian Sea at the opening of the Strait of Hormuz. It is the world's biggest and busiest oil shipping lanes as compared to 20% global petroleum trade. The port's particular position makes it attractive and valuable for both Pakistan and China as these two countries lack a port towards the west.

4- Tourism in Pakistan will boost:

Pakistan is a country empowered with natural beauty and lots of historical places. Once Gwadar is 100% developed, it will provide easy accessible opportunities for tourists from all around the globe to visit these attractive sports across the country. It will boost the tourism sector in Pakistan and increase the GDP of Pakistan.

5-Increase in trade output of Pakistan:

Gwadar deep seaport will provide additional capacity for the import and export of goods. Pakistan will have support to increase its trade activities with many Asian countries using the roads and infrastructure. At present, the country of 190 million people has access to one seaport in Karachi. Gwadar will share the burden and facilities at a much higher volume in trade with many new trade opportunities.

6- Employees will receive higher wages:

The port has already provided employment to thousands of people in Pakistan. Daily wage rates for our local laborers are much higher which gives them an opportunity to earn more and provide good to their families. This will help improvise the lifestyle of the low-class people residing. The laborers can earn good salaries as compared to other cities of Pakistan. Gwadar is offering higher wages to all the daily wage earners. In Pakistan, no one has ever done anything for the low class but Gwadar is the first city to provide such a good chance to the low-class people who are struggling with employment.