Balochistan: The Unrealised Potential
Omer Siddique () and
Muhammad Ahsan Achakzai
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Muhammad Ahsan Achakzai: Balochistan University of Information Technology and Management Sciences (BUITEMS), Quetta.
No 2022:54, PIDE Knowledge Brief from Pakistan Institute of Development Economics
Abstract:
Balochistan is situated at an important geostrategic position in the region. It is positioned on the cultural, socio-economic, and geographical crossroads of the Middle East, Central Asia, South Asia, and opposite to the Strait of Hormuz. These potentials could make the province an industrial hub with a massive private industrial investment. However, this potential has not been realised for a myriad of reasons. According to a rough estimation, around 21 million barrels of crude oil pass through the Strait of Hormuz daily (marketwatch.com). Balochistan shares a 900 km border with Iran and 1,200 km with Afghanistan, which �opens access to these mineral-rich and strategically important areas. It also marks an entry point into the resource-rich landlocked provinces of the Punjab and KP. Its geographical proximity to the oil and gas deposits of Central Asian regions adds to its strategic importance� (Gazdar, 2007: p. 8; quoted in Amad and Baloch, 2017). The important strategic location places Balochistan at the crossroad of a potential intra- and inter-regional trade.
Keywords: Baloshistan; Unrealised; Potential (search for similar items in EconPapers)
Pages: 4 pages
Date: 2022
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