Muhammad Bin Qasim Port & Gwadar port Comparison

Muhammad Bin Qasim Port & Gwadar port  Comparison

Trade activities fuel a countries economy. Generically, a system of imports and exports is developed through land routes whereas maritime routes are only accessible to geographically fortunate countries.

Gwadar, the crown of CPEC, includes of a core town as well as a port side. Largest in the world, Gwadar Port is satisfactorily created and fully equipped to handle, store as well as clear a mixture of 400 million tons of cargo, annually.

Welcoming its first liner in March 2018, Port of Gwadar is still in its early stages of development and hasn’t completely risen to its absolute potential. However, in comparison with the Port of Karachi and the Port of Gwadar an adequate estimation of Gwadar’s capability may be deduced.

Muhammad Bin Qasim Port

Opened to activity in 1857 and for the reason that operated by Karachi Port trust, it is Pakistan’s first sea port and therefore opened a myriad of vistas for the state. With a combination of 30 available berths and 8 wharfs, it consists of a deep natural harbor and gives safe navigation for vessels. Being the country’s biggest town, Karachi contributes to 53.38%** of the whole collections of the Federal Board of revenue. a main portion of the income is generated via customs duty and sales tax on imports.



Gwadar Port

Once a remote town of Baluchistan, Gwadar has now flourished and progressed to become one of the most lucrative cities in Pakistan. Under the China-Pakistan-Economic Corridor, Gwadar city and port is all set towards redeeming Pakistan’s crashing economy. It is strategically developed to handle 200 million tons of cargo each year while plans of expanding the venture in phase III entail a port capacity of 400 million tons annually.


Conclusion

In summation, Gwadar Port is the shining beam at the somber horizon of Pakistan’s economy. The port will now not only deliver international benefits in terms of its size but will also expedite trade activities, for China, as well as the landlocked central Asian Countries.

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