THE FIRST PHASE OF THE GWADAR DEEP SEA PORT IN BALOCHISTAN WILL BE OPERATIONAL WITHIN A PERIOD OF TWO MONTHS TIME OFFICIALS SAID0 GWADAR DEEP SEAPORT WILL CHANGE THE ENTIRE ECONOMIC SCENARIO OF BALOCHISTAN AND TRANSFORM IT INTO HUB OF TRADE ACTIVITIES0 'WE ARE IN THE PROCESS OF HOLDING NEGOTIATIONS WITH VARIOUS PRIVATE PARTIES FOR HANDING OVER OPERATIONAL RIGHTS OF THE PORT0 SHORTLY WE WILL BE ABLE TO SIGN A CONTRACT WITH THE WINNING PARTY' PORT OFFICIAL COMMODORE MUNIR WAHID SAID0 GWADAR A NEW ECONOMIC HUB OF PAKISTAN IS LOCATED AT THE ENTRANCE OF PERSIAN GULF0 IT HAS IMMENSE GEO ECONOMIC SIGNIFICANCE0 WITH THE FUNCTIONING OF GWADAR PORT PAKISTAN WILL BECOME A KEY PLAYER IN THE GULF REGION AND SERVING AS AN ENERGY CORRIDOR FOR CENTRAL ASIA SOUTH ASIA AND WESTERN PART OF CHINA OFFICIALS SAID0 GWADAR IS SITUATED AT A LOCATION WHERE 40 PERCENT OIL SHIPS ARE PASSING0
