Why Gawadar?:
Located at the entrance of the Persian Gulf and about 460 kms from Karachi, Gwadar has had immense Geostrategic significance on many accounts. Gawadar is now destined to be the most important upcoming coastal town located on the inter junction of the three most strategically and economically important regions of the world.
Gawadar will have all local and international banks, five star hotels, offshore banking will be started, factories, warehouses and storage, fast food chains and tourism industry will be promoted in the area. Beside this an export processing zone will be set up, making Pakistan a very attractive place for direct foreign investment, and Gawadar port a regional hub of trade and investment activities.
Oman has offered $ 100 million aid for the development infrastructure facilities in Gawadar. Out of this, Oman has provided $7 million for extension of runway at Gawadar Airport, construction of Jetties, up gradation of Gawadar Hospital, provision of 100 engines to fishermen and construction of powerhouses. Beside this Oman is also financing construction of Gawadar-Hoshab Road, water supply scheme in Gawadar area and construction of irrigation dams.
Today that project, with the help of People's Republic of China, and Gwadar’s 600 km long coast line has put Gwadar’s importance at the top and people with a futuristic approach can see it developing into one of the most modern and beautiful port in the world.