Gwadar Updates

QUETTA: The Gwadar Development Authority’s governing body has approved rates of fee and taxes to be imposed on different sectors in the port city with some amendments. A meeting presided over by Balochistan Chief Minister Jam Kamal Khan Alyani, who is also chairman of GDA’s Board of Governors, also reviewed…

China-Pakistan Economic Corridor (CPEC) has bolstered the importance of Gwadar port and it will add new dimensions to regional as well as global trade. This was stated by the Federal Secretary, Maritime Affairs Rizwan Ahmed while speaking at Pak-Africa Trade Development conference in Nairobi, Kenya on Friday. He highlighted the…

ISLAMABAD – Pakistan’s newly opened southwestern Gwadar seaport has begun handling transit cargo headed to and from landlocked Afghanistan, marking a significant outcome of Islamabad’s multi-billion-dollar collaboration with China. Officials said the first ship full of Afghan cargo containers reached Gwadar on Tuesday. The containers will be loaded onto trucks…

Parliamentary Secretary for Planning Development and Reform Kanwal Shauzab on Thursday informed the National Assembly that the total cost of China-Pakistan Economic Corridor (CPEC) projects including ML-1 stands at 50 billion dollars. Responding to a question during the question hour, she said out of the total projects, 13 projects worth around 11…

QUETTA  : Gwadar’s first LPG (liquefied petroleum gas) Terminal was inaugurated on Tuesday, marking the beginning of a new era of economic development in Balochistan. The terminal was inaugurated by Chinese Counsel General in Karachi Li Bijian. It started the operations with the arrival of Sahar Port, carrying 3,900 metric tons…

Pakistani government has tabled Tax Laws (Amendment) Ordinance before its Lower House of Parliamentary Committee for getting approval on tax exemptions of all taxes for both Gwadar Free Port and Free Economic Zone that is a welcome step. The Chinese government highly appreciates the efforts of the government of Pakistan…

ISLAMABAD: The contribution of Gwadar’s smart port city in Pakistan’s Gross Domestic Product (GDP) will rise up to US$200 billion to $300 billion by 2050. According to a forecast by ministry of planning and development, the contribution of Gwadar in Pakistan’s economy would rise to $6 billion in short term…

BEIJING, Dec 21 (APP):Gwadar Port is an extremely important platform to extend China-Pakistan Economic Corridor (CPEC) westward to a more distant region and becomes an important platform for regional connectivity. At the same time, the construction speed of Gwadar Port determines the development speed of Pakistan as a whole. Therefore,…

GWADAR: Provincial Finance Minister Mir Zahoor Ahmed Buledi on Monday laid the foundation stone of a 150-bed hospital and a Pak-China Friendship Technical and Vocational Training Institute. China has provided a grant of 240 million RMB (Chinese currency) for the construction of the hospital and 87 million RMB for the…

ISLAMABAD: The Gwadar port has been operationalised for export, Adviser to Prime Minister on Trade and Industries Abdul Razak Dawood announced on Saturday, saying that it would reduce the burden on the Karachi port. Dawood said on the microblogging website Twitter that the departure of a vessel, carrying three fish…