Can Gwadar Port Handle Half of Pakistan’s Cargo Shipments?

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Currently, if functional, the port can manage only 11 million tons of bulk cargo annually, just 17 percent of Karachi Port’s cargo.

No doubt Gwadar has the potential to be developed into an important regional trade hub, but its current infrastructure and security challenges can barely support 20 percent of the country’s cargo, let alone 50 percent.

Sharif has been pushing for the accelerated implementation of previously agreed-upon projects, including the functionality of Gwadar Port and advancing Memorandums of Understanding with China, its largest foreign investor.

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Article Details

Author / Journalist: Mariyam Suleman Anees

Category: Economy

Markets: United StatesAustraliaBangladeshChinaIndiaIndonesiaSouth KoreaLaosLithuaniaMongoliaMyanmarPakistanSri LankaUzbekistanVietnam

Topics: Karachi Gwadar Security Percent Projects China Challenges Pakistan’s Cargo Potential Port

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 13:44:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 2261 words

Reading Time: 13 minutes read

Sentences: 97 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 22298137

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