The city of Gwadar, Pakistan, remains unconnected to the national power grid, and its residents suffer regular power cuts, yet a planned coal-fired power plant is not the best answer to the city’s problems.
The decision to invest in a new market by a foreign investor is often framed by the pursuit of a predictable legal framework, which among other things respects the sanctity of contracts and facilitates a level playing field. Regardless of the industr