The development of Gwadar could bring economic gains to Balochistan and potentially capable to act as industrial power house, a suitable transit and transshipment hub. Currently, it is becoming almost a proverbal to narrate Gwadar Deep Sea Port as a "Game Changer" in trade and economic development.
Economic benefits of Gwadar port, are: capitalizing the opportunities for trade with landlocked Central Asian Republics and Afghanistan; promotion of trade and transport with Western China; trans-shipment, essentially of containerized cargo; unlocking the development potential of the hinterland; socio-economic uplift of the province of Balochistan; establishment of shipping-related industries, oil storage, refinery and petro-chemicals, export processing industrial zones and many more avenues. Gwadar Port is also the gateway of China â€“ Pakistan Economic Corridor (CPEC).
Gwadar could emerge as a key shipping point, bringing Pakistan a much-needed income, and when combined with the surrounding areas could become a trade hub, once road and rail links connect it to the rest of Pakistan, Afghanistan, Central Asia and China. A road from Gwadar to Saindak, said to be the shortest route between Central Asia and the sea, is under consideration. Gwadar provides landlocked Afghanistan, the Central Asian Republics and Western China access to the sea. Goods, oil and gas reserves from these countries could be shipped to global markets through Gwadar Port. Pakistan's business community is awaiting to contribute in Gwadar Port having a free trade zone. We in Gwadar Port Authority working together with China Overseas Port Holding Ltd (COPHL) are confident that the year 2014 shall witness enhanced Port throughput and development of Gwadar Port Free Zone.