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Mon Feb 18, 2013, 06:05 PM

China takes over Pakistan port from Singapore

China took control Monday of a strategic Pakistani port on the Arabian Sea, as part of a drive to secure energy and maritime routes that also gives it a potential naval base, sparking Indian concern.

The Pakistani cabinet approved the transfer of Gwadar, currently a commercial failure cut off from the national road network, from Singapore's PSA International to the state-owned China company on January 30.


The Pakistanis pitched the deal as offering an energy and trade corridor that would connect China to the Arabian Sea and Strait of Hormuz, a gateway for a third of the world's traded oil, overland through an expanded Karakoram Highway.


China paid about 75 percent of the initial $250 million used to build the port but in 2007 PSA International won a 40-year operating lease.

Then-ruler Pervez Musharraf was reportedly unwilling to upset Washington by giving control of the port to the Chinese.


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Reply China takes over Pakistan port from Singapore (Original post)
FarCenter Feb 2013 OP
otherone Feb 2013 #1

Response to FarCenter (Original post)

Mon Feb 18, 2013, 06:13 PM

1. thanks for the link

clicking now to see if there is a map..

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