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Home Ports and Shipping

CPEC, Gwadar Port high on agenda of Xi’s visit to Pakistan

byCustoms Today Report
20/04/2015
in Ports and Shipping
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Chinese President Xi Jinping will start a state visit to Pakistan on Monday, his first trip to the South Asian country since he assumed presidency in 2013.During the visit, China and Pakistan will sign deals on a wide range of issues, from energy and infrastructure to education and culture, which will inject fresh and powerful impetus into the deepening of the China-Pakistan friendship and comprehensive cooperation.

And high on Xi’s agenda would be talks over the China-Pakistan Economic Corridor (CPEC), which is planned to connect Kashgar in China’s Xinjiang Uygur Autonomous Region to the south-western Pakistani port of Gwadar, Xinhua reported.

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GwadarPort, a warm-water, deep-sea port, is located at the mouth of the Persian Gulf at Gwadar in the province of Baloschistan of Pakistan.Just outside the Strait of Hormuz, the port is adjacent to the key oil routes in and out of the Persian Gulf. It is also the nearest warm-water seaport to the landlocked, but energy rich, Central Asian republics.

During Chinese Premier Li Keqiang’s visit to Pakistan in May 2013, the two countries agreed to build an economic corridor connecting the Pakistani port to China’s Kashgar city in Xinjiang. The CPEC will shorten China’s routes of oil and gas imports from Africa and the Middle East for thousands of kilometres, making Gwadar a potentially vital link in China’s supply chain.

Khalid Mahmood, president of the Islamabad Council of World Affairs, said: “It can help China get connected with the Gulf region, Africa, Europe and other parts of the world in an easier way and in a shorter time. Meanwhile, for Pakistan, there will be more business and trade activities in the region. Pakistan will also become the centre of energy transmission from the Gulf,” Mahmood said.

China has implemented large-scale cooperation projects with Pakistan on electricity and new energy and has promoted the management of the port of Gwadar.

Syed Iftikhar Hussain Babar, secretary of the Pakistan Board of Investment, estimated that China’s investment in Gwadar Port, including highways connecting the port and eastern coastline of the port, bulwarks of the port, anchorage dredging, a free trade zone and the new Gwadar international airport, would all be completed in three to five years.

Moreover, the CPEC project is not confined to the GwadarPort infrastructure construction. China is also aiming to upgrade the 1,300-km Karakoram Highway, the highest paved international road in the world, which connects China and Pakistan across the KarakoramMountains.

In addition to road and railway construction, the project also includes energy cooperation and investment programs. Xi’s upcoming visit to Pakistan will lift the project to a new level, as China and Pakistan will sign extensive deals on energy, infrastructure, education and culture.

Tags: CPECGwadar Port highon agenda of Xi’s visitPakistan

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