Gwadar is ideally suited for residential and investment purposes. Buying property in the local locality is a fair wish but it is wiser to buy property with higher profits, irrespective of the location. Gwadar is being developed to replace trade cities like Dubai, Singapore and Hong Kong. Therefore, it should not be compared with other cities like Karachi, Lahore and Islamabad. This fact could well be understood by the following features which Gwadar posses. 1. Gwadar – A Free Port: The government of Pakistan has declared Gwadar a free port. Therefore, Gwadar is developing to be a free port city, which in turns speaks of its international importance and the number of projects to be carried out here. This international investment like elsewhere, would act as a catalyst in the growth and economic development. 2. Gwadar – A Free Deep Sea Port: One of the very important factors about Gwadar is that it is a deep seaport. It is worth mentioning here that not all of the seaports are the deep seaports. This characteristic of Gwadar differentiates it with the other free seaports around. Construction of the first phase of this deep seaport has been completed in collaboration with China with a cost of $298 million. 3. Gwadar – A Substitute to Dubai: Although, the Gulf was to be considered on of the best zones for trade and business till now, but the rapidly changing political conditions in Afghanistan, Iraq and specially Middle East has created an air of uncertainty, of its future, in the minds of business community. The business community in the Gulf has already started exploring new horizons for future trade and what best could they get than Gwadar – The very next deep seaport to the Gulf. 4. Gwadar – A Hub of International Cargo Lines: Today, almost every multinational company puts maximum stress over delivery. The sooner the better. Companies who could reach a destination ahead of the others are the market leader. Technically, Gwadar will affect the economy of more than 30 countries because the imports and export of China, Middle East, Central Asian States, Europe and Africa could be transported in days rather than months and would be very economical. 5. Gwadar – The Development Plans: Gwadar in real sense is a major trade link to the world and the government of Pakistan is endeavoring its best to utilize this zone to its capacity. In a quest to make Gwadar a gold mine, the Government of Pakistan is ensuring the development of Mega projects like Makran Coastal highway, Gwadar Ratto-dero motorway, Gwadar Quetta highway, Gwadar Quetta Zahidan railway track, 132 KV electricity line, an international airport, Ankaaara and Meerani dams 6. Gwadar – Ensuring the Quality: In order to ensure the quality of development of the city, a competent authority, GDA (Gwadar Development Authority) has been formed. No development project can be carried out without obtaining NOC from GDA. The GDA makes sure that the quality is implemented throughout the construction and development of the project. 7. Gwadar – The Paining: Gwadar is being developed over a scale where it could match the international standards. Every possible measure is being implemented to make sure that the commercial and residential facilities are matchless and the residents could live a tensionless life. According to the master plan, over the east bay, an area of 1000 acres has been allotted for deep seaport, 1000 acres for tax-free industrial zone and 2500 acres for oil refineries. Furthermore, over the west bay an area of 18000 acres has been reserved for residential purpose. On the beach 164 and 200 ft wide roads have also been planned. After getting acquainted to Gwadar, would you still want to skip this golden opportunity today, before it gets out of your reach tomorrow?
Posted on: Sat, 03 Aug 2013 10:52:17 +0000
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