Abstract
The paper evaluates the prospects of trade, industrial development opportunities and their economic benefits through Gwadar Port. The importance of Port is manifold. Gwadar is not only going to play pivotal role in Pakistan’s economy but is also likely to influence other neighboring countries like China, Iran, Central Asia etc. Gwadar, therefore, has importance not just for Pakistan but for the whole region. It is expected that Gwadar project will generate thousands of jobs for the local people due to which there will be revolutionary changes. The progress will be on different levels i.e. individual and family, city and society, province and the country at large. Future competition of the ports within the region is also examined. Presently, there are neither industries at Gwadar nor any trade being routed through it. The volume of expected trade is, therefore, interpolated through economic trade trends of the areas surrounding the Gwadar Port and evaluation of its economic potential. The envisaged trade forecast of Gwadar Port is based on the potential transit cargo of Western China, Afghanistan and Central Asia in addition to flow of natural resources from Central Asia, transshipment cargo and the domestic cargo import/export. The development of industries, trade and business in adjoining areas are some of the spinsoffs of the ports, which require appropriate policies to accrue maximum benefits, and are discussed in later portion of this chapter
Jehanzeb,. (2007) The Trade Potential and Industrial Development in Gwadar , Journal of Managerial Sciences, Volume 1, Issue 1.
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