Gwadar City

Gwadar is on the southwestern coast of Pakistan, on the Sea of Oman. The city was purchased by the Pakistani government from the Sultanate of Oman. It is between two increasingly important regions: the oil-rich Middle East, and the heavily populated South Asia. The Gwadar Port is expected to generate billions of dollars in revenues and create at least two million jobs. In 2007, the government of Pakistan handed over port operations to PSA Singapore for 25 years, and gave it the status of a Tax Free Port for the following 40 years. There is also money invested into the port by the People's Republic of China. The strategic PRC plan to be engaged in many places along oil and gas roads is evident. Government and NGO links Real time News and Development, Central Asia Economy watch, Website sponsored by GDA, Pak Archived 2020-06-16 at the Wayback Machine