operational, offshore banking will be started, factories, warehouses and storage will be setup, the tourism industry will be promoted in the area, an export processing zone will beset up, making Pakistan a very attractive place for direct foreign investment, and Gwadar port a regional hub of trade and investment activities.
Oman has offered $100 million aid for the development of social and infrastructurefacilities in Balochistan. Out of $100 million, she has provided $7 million for extending of runway at Gwadar Airport, construction of jetties, upgradation of Gwadar Hospital,provision of 100 engines to fishermen and construction of power house. Oman is alsofinancing construction of Gwadar-Hoshab Road, water supply scheme in Gwadar area andconstruction of irrigation dams.Pakistan and Oman have signed a number of agreements including Avoidance of DoubleTaxation, Promotion and Protection of Investment, Cultural, Technical and EducationalCooperation, Agreement on cooperation between Oman Chamber of Commerce andIndustry , Maritime Boundary Agreement and Agreement to establish Pak-Oman JointInvestment Company
Port of Singaporewas scheduled to take over management of Gwadar Port by the end of January 2007. Port of Singapore was the highest bidder for the Gwadar port after DP Worldbacked out of the bidding process. Originally, the chairman of Dubai Ports World, Sultan
Ahmed bin Sulayem, who met Pakistani presidentGeneral Pervez Musharraf on May 5
2006, expressed a strong hope for management of facilities at the strategic Gwadar deepsea port and development of infrastructure in the southern port city in Pakistan. But adecision was taken not to bid, after India’s National Security Council voiced concernsabout DP World’s ventures inIndia, alongside its plans in Pakistan, andSultan Ahmed bin
Sulayemassured the Indians their pull-out was well considered and India need not haveany security concerns. The port will now be in competition with that of Dubaiin theUnited
The first ship anchored in the Gwadar port on March 15, 2008. The first ship was aCanadian ship carrying wheat. It was the largest ship to anchor in Pakistan.
Physical Features / Topography
The coastline of Gwadar District extends in an east-west direction and it is almost entirelydesert. The elevation of Makran coast range is upto about 1000 meters above the sea level.In Gwadar District, soil is of two types: alluvial soil and lithosols and rigosols. The valleyof Dasht river in the western part of the district and the Kulanch valley in the north consistof alluvial soil. The mountainous area of the district is covered with lithosols and rigosols.Limestone, shale and sandstone are the main rocks involved in the formation of this area.
Rivers and Streams