China to build automobile city in Gwadar

Analysts have advised owners of local automobile industry to start joint ventures with Chinese


APP February 28, 2017
PHOTO: AFP

ISLAMABAD: Chinese investors are contemplating to build a chemical and automobile city in Gwadar under the umbrella of the China-Pakistan Economic Corridor (CPEC).

Gwadar to re-acquire status of winter capital

According to a private news channel, sources linked to CPEC project stated that the Chinese authorities have already initiated paperwork on said projects, which reflects their seriousness.

Analysts have advised owners of local automobile industry to start joint ventures with Chinese as this would help in transfer of technology as well as boost the local industry. Earlier, China announced to set up a steel factory under CPEC apart from various other projects.

China is developing the Gwadar port as a strategic and commercial hub under its ‘One-Belt One-Road’ initiative that promises shared regional prosperity. CPEC is one of many arteries of the ‘One-Belt One-Road’

In 2013, Pakistan handed over the Gwadar port to the Chinese company by annulling a deal with a Singapore company that could not develop the port after taking over in 2007.  The ECC further approved amendments in the Gwadar Port Concession Agreement for operating and developing the Gwadar port and free zone.

Govt finally allocates Rs25b for Gwadar LNG pipeline

On October 31, hundreds of Chinese trucks loaded with goods rolled into the Sost dry port in Gilgit-Baltistan as a multibillion-dollar project between Pakistan and China formally became operational.

The corridor is about 3,000-kilometre long consisting of highways, railways and pipelines that will connect China’s Xinjiang province to the rest of the world through Gwadar port.

Published in The Express Tribune, February 28th, 2017.

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COMMENTS (15)

Truth2 | 4 years ago | Reply Why would anyone select Gwadar to build a factory city for auto's and chemicals? It doesn't have the labor pool, power grid, customers, distribution facilities, water, or any of the basics that someone would consider essential when selecting a place to build a factory. The only thing Gwadar seems to have is a bunch of politicians and landholders who are desperately trying to maintain the image that Gwadar has relevance.
Anthony Mitchell | 4 years ago | Reply What will become of the hazardous waste generated from an industrial project of this type? Assurance of safe, modern treatment and disposal capacity should be made before the project is allowed to proceed. On a broader scale, in order to reduce or avoid financial liabilities, a proper environmental and health impact study should be conducted before any and all large projects are allowed to begin.
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