Open AccessChina’s Development of Gwadar as a Regional Maritime Hub
Author(s) -
Rahat Iqbal,
Inamullah Jan,
Zafar Iqbal Yousafzai
Publication year - 2021
Publication title -
journal of business and social review in emerging economies
Language(s) - English
Resource type - Journals
eISSN - 2519-089X
pISSN - 2519-0326
DOI - 10.26710/jbsee.v7i4.2085
Subject(s) - china , port (circuit theory) , middle east , geography , joint venture , economy , persian , regional science , business , engineering , economics , linguistics , philosophy , archaeology , commerce , electrical engineering
Purpose: This article aims at analyzing China’s development of Gwadar as a maritime hub in the region. Gwadar, after Karachi and Bin Qasim Port is the third seaport of Pakistan, which has a greater impact not only on Pakistan but also on regions, especially China. Moreover, the paper through light on the features of CPEC which connects Gwadar with China. Challenges which Gwadar has to face in the near future are also analyzed.
Methodology: Qualitative and analytical method is used to conduct this research.
Findings: The paper concludes that Gwadar is a potential maritime economic hub in the region.
Implications: Hence, the joint venture will not only bring multiple benefits to China-Pakistan but also bring opportunities to the adjacent regions: Central Asia, Middle East and Persian Gulf.