China paves a new Silk Road at Gwadar

China paves a new Silk Road at Gwadar

Gwadar: Remote and impoverished, Pakistan’s Gwadar port at first glance seems an unlikely crown jewel in a multi-billion-dollar development project with China aimed at constructing a 21st century Silk Road.

Situated on a barren peninsula in the Arabian Sea, Gwadar, or the “gate of the wind”, owes its fortuitous selection as Pakistan’s next economic hub to its strategic location near the Strait of Hormuz.

The city is set to become the bridgehead for the China-Pakistan Economic Corridor (CPEC), a $54 billion project launched in 2013 linking western China to the Indian Ocean via Pakistan.

The corridor is one of the largest projects in Beijing’s “One Belt One Road” initiative, comprising a network of roads and sea routes involving 65 countries.

Leave a Reply

Be the First to Comment!

Notify of