The Gwadar Port was inaugurated back in 2007. In 2015, it was announced that both the city of Gwadar as well as its port will be further developed under the framework of the China-Pakistan Economic Corridor (CPEC). The Gwadar Port is owned by the Pakistan government Gwadar Port Authority (GPA) but since 2015 it is operated by the state-run Chinese firm China Overseas Port Holding Company (COPHC), which leased it for 43 years. The specifics of the lease have been agreed on in a Concession Agreement. In this agreement it is stated, that the Construction of Breakwaters of the Gwadar Port is the responsibility of the Gwadar Port Authority in order to facilitate construction of additional terminals at the Port. Breakwaters are structures constructed on coasts which protect from weather and longshore drift. The Construction of Breakwaters of the Gwadar Port is part of a larger series of construction projects in Gwadar.