Gwadar Port a small fishing town in southwestern Pakistan, is the entry city of the $ 62 billion Chinese Economic Corridor Pakistan.
Why a fishing village in Pakistan is changing the global geopolitical landscape!
An offshore port strategically located in the Indian Ocean at the opening of the Strait of Hormuz. Pakistan leased the Gwadar Port to China in 2015 as part of a $ 62 billion deal.
China also acquired 22,000 acres of land adjacent to the port in Gwadar that has been declared a Special Economic Zone.
A 1224-kilometer road is being built from China that ends in Gwadar Port which emulates the ancient Silk Road.
Gwadar Port will create a link between the Silk Road and Maritime Silk road.
Chinese products in Gwadar reduces by these silk road to the Middle East (Africa, Europe) up-to 80%.
Gwadar is being developed under the Shenzhen model of China through the establishment of Special Economic Zones.
Zhang Baozhong, president of China Overseas Port Holding Company, said: “China has future plans to spend over $ 4.5 billion on the development of Gwadar.”
In November 2016, the first cargo traveled the Silk Road from Kashgar in China to Gwadar and was shipped from Gwadar to the Middle East and Africa.
Currently, there are about 2,000 Chinese are working in Gwadar. This figure is expected to increase up to 500,000 by 2023. Gwadar Port now talking place to shift geopolitical in the world, under the Shenzhen model.
Palm City Gwadar is one of the top housing development society of Gwadar Port due to state of the art planning. It also provides all of the world-class amenities. So that you can experience real luxury a living standard.
Best time to invest in Palm City Gwadar for maximizing your profits. Palm City opens a gateway to all educational sectors in Gwadar Port.