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The port of Karachi is one of the South Asia’s largest and busiest ports handling about 70% of nation’s cargo while Gwadar port holds immense potential to meet Pakistan’s trade logistic. Gwadar port can also handle more cargo and trade than Dubai port because it is a deep sea port. This port is located at the mouth of the Gulf and is a gateway to both China as well as central Asia and this route is indispensable for oil trade. Nearly 19 million barrels of oil passes through this route daily but we are still thirsty and under developed.
After new government, for transportation, Beijing has agreed to spend millions of dollars to accomplish the 900-km road linking Gwadar to Indus Highway. China is one of the top economies of the world- expanding at the rate of 9% every year with a trade volume of $1.76 trillion, performing a key role to develop these projects.
Keeping in view the above situation, if we construct Gwadar port and Gwadar to Indus Highway, how this situation would affect Pakistan’s economy. Explain logically.
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TOTALLY CONFUSED. what to write?
its just like karachi food street us ny b koi bad effect nahi diya tha
is mein karaCHI FOOD STREET KAHAN SY GAI WAFA JI?
wakia bht confusing he pehle is ko koi urdu me to explain kre plzzzzzzzz
becoz food street ka b same masla tha is liye maine aisa kaha NG
of course it would be affects positively on Pakistan economy.
saim rao sir plz expalin logically plz
it would affct pakistan economy positvly through dis inflation rate kam hoga unemploymnt kam hogi,,,,,,,,,,,
is this gawader port is tax free???
because i just readout an article in which it is decleared that it will be tax free
but this article was written in 2006
so if it is tax free then it brings lots of positive effects
yara agar tax free na bhi ho tab bhi apko bht affect hoga cox agar tax govt reacve kera to wo loan wapis keranay ma usay help mil jai gi
as tax is govt incme n if govt incme increase our ecomny got it postion back
This is the assumption only!
Please Discuss here about this GDB.Thanks
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