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Gwadar is a game changer

Gwadar is going up

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The distance between Gwadar and Karachi, the main commercial city of Pakistan, is 533 km and the distance to Iran’s border is 120 km. After 200 years of Oman’s Kingdom governance over Gwadar Port, by US mediation in the negotiations between Pakistan and Oman, finally this port was sold to Islamabad on 8th Dec. 1958 at the price of 3 million dollars.

The initiary plans for the development of Gwadar was first introduced in 1992 but due to lack of resources on one hand and international sanctions against Islamabad for examining atomic bomb on the other, the plan did not become operational. Finally by the agreements that were reached between Pakistan and China and China’s investment in this project, the first phase of the development plan started to be studied and constructed in 2002. In 2007 the construction of the first phase was completed and on 15th March 2008 Gwadar Port was launched by the entrance of a 70000 ton cargo.

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Gwadar Port: A double-edged sword for Iran - Mega Associates The distance between Gwadar and Karachi, the main commercial city of Pakistan, is 533 km and the distance to Iran’s border is 120 km. After 200 years of Oman’s Kingdom governance over Gwadar Port

In a report by Washington-based nonprofit research group C4ADS, titled ‘Harboured Ambitions: How China’s port investments are strategically reshaping the Indo-Pacific’, China analysts Devin Thorne and Ben Spevack noted, “Questions surrounding China’s intentions plague the BRI”.

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Is China Taking Over The World One Port At a Time? - Mega Associates Launched in 2013, China’s ambitious Belt and Road Initiative (BRI) has been pegged as a trade masterstroke meant to recreate the ancient Silk Road, facilitating development along the way in a win-win situation for China and partnering countries.

We are sure you must be aware of the interest Gwadar real estate has aroused in the foreign and domestic investment markets. Here are some the reasons you too, should be seriously considering the New Silk Route investment avenue:

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Want to own a slice along China's New Silk Route? - Mega Associates So you have decided to put your money to good use but are confused about investment options? Say no more! We are sure you must be aware of the interest Gwadar real estate has aroused in the foreign and domestic investment markets. Here are all the reasons you too, should be seriously considering the...

There is no doubt that the PML-N government has focused on electricity generation and has allocated massive funds from Public Sector Development Programme but as a second priority after road construction; unfortunately though this has been to the exclusion of all other concerns relating to the energy sector. That these concerns are insurmountable has been evident given the escalation in the circular debt from what was inherited by this government in 2013, currently estimated at more than a trillion rupees, sustained poor governance, and delay in restructuring distribution companies to minimize losses.

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CPEC energy projects to add 17000MW to power grid - Mega Associates Energy projects under China Pakistan Economic Corridor (CPEC) would add 17000MW to generation the federal cabinet was informed by the Ministry of Planning, Development and Reforms, headed by Ahsan Iqbal.

A local company Eiwan has launched this project, catering the real estate & housing societies rising demand in Gwadar due to CPEC.

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BeachFront Housing Project Eiwan Launched in Gwadar - Mega Associates Oshun Eiwan, Pakistan’s first beachfront housing project is launched in Gwadar. A local company Eiwan has launched this project, catering the real estate & housing societies rising demand in Gwadar due to CPEC.

Given the bitterness of India-Pakistan relations, Pakistan neither officially invited India to join nor did Ithey show any interest in the corridor. New Delhi in fact opposed it. Indian opposition comes from its alleged sovereignty issues.

New Delhi claims that a part of the corridor passes from Pakistan-controlled Kashmir, Azad Kashmir, which India asserts is its own sovereign territory. In the Indian view, China and Pakistan have no right to develop the corridor.

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India Must Join CPEC For Optimum Results - Mega Associates Optimum results of China-Pakistan Economic Corridor (CPEC) could be well achieved by linking it with regional countries, particularly India, Afghanistan, Iran and the Middle East, says a report appeared in the daily Global Times

PRIOR to the current recovery of Macau’s gaming malaise, stakeholders in the Asian gaming development industry often heard that China’s anti-corruption campaign, which began in the fall of 2012, was one of the primary factors attributed to the substantial decline of gross gaming revenue in Macau (as well as the surrounding regions).

In contrast, there is another initiative, proposed and supported by the same regime, that appears not to have attracted as many headlines but could have meaningful implications regarding the outlook of Asian gaming development and progress.

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Gaming development outlook along the New Silk Road - Mega Associates Michael Zhu, SVP of International Planning and Analysis for The Innovation Group, delves into the benefits that Chinese President Xi Jinping’s “One Belt and One Road” initiative will bring to Asia’s gaming development industry.

The China-Pakistan Economic Corridor (CPEC) is part of China’s One Belt, One Road (OBOR) initiative. Known as the New Silk Road, the project currently involves 65 countries, with more expected to join, and caters to more than half of the world’s population needs Chinese Interpreters.

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Pakistan Needs 40,000 Chinese Interpreters - Mega Associates The China-Pakistan Economic Corridor (CPEC) is part of China’s One Belt, One Road (OBOR) initiative. Known as the New Silk Road, the project currently involves 65 countries, with more expected to join, and caters to more than half of the world’s population needs Chinese Interpreters