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Economy of Gwadar


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Gwadar's economy has, in the past, been dependant mostly on fishing. Gwadar's economy is undergoing rapid transformation as a small fishing village is being transformed into a major port city of Pakistan with improved communication links with the rest of Pakistan. In 1993, the Government of Pakistan commenced a feasibility study for the construction of a deep-sea port at Gwadar. On 22 March 2002, the Government of Pakistan began construction of Gwadar Port, a modern deep-sea port, the first phase of which was completed in December 2005 and the second in March 2007. Gwadar Port became fully operational in December
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