My memory regarding Gwadar is bit hazy,let me just go and update myself.
Gwadar is a long running project, there were earlier attempts to develop a deep sea port but the plan never took off.
It was revived under ganjju's term, again due lack of funds and US sanctions we had to look into international investors.
US ignored the tender untill China showed interest and started to negotiate JV in building the port.
Once new sanctions were imposed due May 1998's nuclear testing Islamabad retaliated by awarding Gwadar to the Chinese.
Fase I and II have been completed, port will be inaugrated soon, probably by March 2007. :flag: