Prashant,
All this constructionwork on megaprojects will benefit the local labor.
Think about new jobs in construction, transport, banking, retail, sevices etc..
China will get consessions on lower transit fares, but CAR is also a market Gwadar is targetting.
In future Gwadar will function as a transit hub for other seaports aswell, like Dubai where goods are imported, (re)prossed and exported again.
Analysts predict that Gwadar will help create 1.0-1.2 million new jobs till 2015 in Balochistan only.
Total population is 7.3 million, growing at 2.8% p.a. Now do the calculation.
No way Balochis are to be overlooked in this new economic boom.
All this constructionwork on megaprojects will benefit the local labor.
Think about new jobs in construction, transport, banking, retail, sevices etc..
China will get consessions on lower transit fares, but CAR is also a market Gwadar is targetting.
In future Gwadar will function as a transit hub for other seaports aswell, like Dubai where goods are imported, (re)prossed and exported again.
Analysts predict that Gwadar will help create 1.0-1.2 million new jobs till 2015 in Balochistan only.
Total population is 7.3 million, growing at 2.8% p.a. Now do the calculation.
No way Balochis are to be overlooked in this new economic boom.