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October 26th, 2017 
Awake Goy 
nsnbc : Chinese financial and construction efforts contribute to developing Pakistan’s Gwandar sea port, located at the Arabian Sea, into one of the world’s largest transit and transshipment cargo facilities. The deep water port lies at the convergence of three of the most commercially important regions of the world, the oil-rich Middle East, Central Asia, and South Asia and its development is part of the China-Pakistan Economic Corridor, known as CPEC.
China and Pakistan launched the 15-year joint mega project in 2015 when President Xi Jinping visited Islamabad. Under the cooperation agreement construction or improvement of highways, railways, pipelines, power plants, communications and industrial zones is underway in Pakistan with an initially estimated Chinese investment of $46 billion.
The deep water sea port at Pakistan’s Arabian Sea coast will link landlocked western and southwestern regions including China’s troubled, Muslim-majority Xinjiang province to the region and the world.
One of the aims for Beijing is to help develop Xinjiang and other southern and southwestern provinces economically. The development of China’s eastern provinces and the lack of development in the landlocked south and west is increasingly creating tensions.
The project has also strategic aspects in as much as the port can compensate for some of the traffic that otherwise would have to pass through disputed South China Sea areas.
Chinese fuel imports and trading cargo will be loaded on trucks and ferried to and from Xinjiang through the Karakoram Highway, snaking past snow-caped peaks in northern Pakistan.
Gwadar will reportedly be able to handle about one million tons of cargo annually by the end of the year. Officials anticipate that with expansion plans under way, the port will become South Asia’s biggest shipping center within five years, with a yearly capacity of handling 13-million tons of cargo.
By 2030, they say, it will be capable of handling up to 400-million tons of cargo annually. China has in recent months begun calling CPEC the flagship project of its global Belt and Road Initiative, or BRI.
CH/L – nsnbc 25.10.2017
Source Article from https://nsnbc.me/2017/10/25/chinese-boost-helps-develop-pakistans-sea-port-gwandar-major-international-hub/
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