Gwadar Updates
Gwadar Oil Refinery staff to be hired in next three months: Energy Minister
ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 17th Oct, 2019 ) :Minister for Energy Omar Ayub Khan said the process of hiring technical experts for setting up an oil refinery at the Gwadar deep seaport, an ultimate destination of China Pakistan Economic Corridor (CPEC), had been started and…
Read More »First Afghan Transit Cargo to arrive on Sunday, Ministry applies rules for cargoes
KARACHI: Ministry of commerce has implemented prerequisite transshipment and transit rules for bulk cargoes at Gwadar port, which is to pave way for its full-fledged operation and ease handling burden on two other ports in the country, The News learnt on Thursday. The ministry of commerce advised all the stakeholders…
Read More »Gwadar to be Biggest GDP contributor in next Seven Years will create 47,000 jobs for locals: Chairman COPHC
ISLAMABAD:The Chinese operators of Gwadar Port and its free zone have vowed to make the coastal city the single largest contributor to Pakistan’s national economic output in seven years, saying 47,000 jobs will be created for locals with new investments worth billions of dollars. China Overseas Ports Holding Company Gwadar…
Read More »Construction of Gwadar’s $100 million Pak-China Friendship hospital under CPEC in-progress
Minister for Maritime Affairs Ali Haider Zaidi says work at various projects in Gwadar continues at fast pace to develop the port city to an international standard. Addressing a news conference in Islamabad on Tuesday, he said Pak China Friendship Hospital will be constructed at a cost of 100 million…
Read More »CPEC Authority Established, Tax Concession in Gwadar Port and Zone also enacted
ISLAMABAD:President Dr Arif Alvi on Monday promulgated two ordinances to set up the China-Pakistan Economic Corridor Authority and grant tax concessions to the Gwadar port and its free zone, sending a strong signal to Beijing that Islamabad is serious in implementing the multibillion dollar strategic initiative. The ordinances were promulgated…
Read More »Cabinet Approves Amendments in Laws for Gwadar Port and Free Zone Tax Exemptions
Islamabad, Days before Prime Minister Imran Khan’s departure to China, Pakistan’s cabinet has approved legislative changes to address a longstanding issue of tax concessions for Gwadar Port and Gwadar Free Zone, removing a key bottleneck in the way of populating the industrial estate. The decision to amend the Income Tax…
Read More »China to Launch 19 Projects in Gwadar after Pakistan’s Free Zone Policy Announcement
KARACHI, Oct 04 (APP):Chinese Ambassador to Pakistan Yu Jing Friday emphasized that China Pakistan Economic Corridor was essence of bilateral long term relations between China and Pakistan. CPEC would develop infrastructure in Pakistan. He was speaking at a dialogue on China Pakistan Economic Corridor (CPEC) hosted by the Karachi Council…
Read More »Balochistan Government ready to launch Development Projects for Gwadar
ISLAMABAD, Oct 3 (APP):Balochistan government has decided to initiate various development and public welfare projects in Gwadar, besides expediting the work on water projects to resolve the longstanding issue of drinking water in the city. Talking to APP, an official of the Balochistan government Thursday said that it was the…
Read More »China Gifts $0.2 million worth of Goods to Fisherman in Gwadar
QUETTA: The Consul General of the People’s Republic China at Karachi, Wang Yu, gifted goods worth US$0.2 million, including boat power engines, solar lights, small home solar systems and fishing nets to the fishermen of Gwadar. The Consul General, Wang Yu, presented the goods at a ceremony in Karachi to…
Read More »First Shipment of Afghan Transit Trade to Arrive on Gwadar Port Next Week
ISLAMABAD: Gwadar Port has been opened for transit trade and the first ship in this regard is set to arrive next week, a sub-committee of the Senate Standing Committee on Maritime Affairs was informed on Tuesday. Officials of the Ministry of Maritime Affairs briefed the sub-committee regarding transit trade and…
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