Gwadar Updates
Digital Custom Clearance System Introduced at Gwadar Port
Gwadar International Terminals Ltd has successfully cleared the first shipment of 30 containers through WeBOC (Web Based One Customs) system on 27 August 2019. WeBOC system is a method of fast-track clearance of goods to minimize parking time at ports to facilitate businesses. This automated Customs clearance system will clear…
Read More »COSCO Commences Pakistan’s First Karachi-Gwadar-Gulf Container Line Service
The first container line service between Karachi, Gwadar and the Gulf was successfully initiated on Wednesday, increasing connectivity of the Balochistan port. According to the statement issued by China Ocean Shipping Company (COSCO), the new service rotation of Port Qasim -Karachi – Gwadar – Jebel Ali – Sharjah – Abu…
Read More »Through CPEC Pakistan can Become Part of 4th Industrial Revolution
LAHORE: The technological landscape of the world is constantly changing with all the countries engaged in a war to outdo the other in terms of achievements in this arena. In this regard, China is leading the 5G race as it has launched the industry’s first full range of 5G end-to-end commercial…
Read More »Clean & Green Gwadar, COPHC will Plant One Million Trees
ISLAMABAD: China Overseas Port Holding Company (COPHC) will plant one million trees in Gwadar under the 10 Billion Tree Tsunami project. These views were expressed by the COPHC Chairman Zhang Baozhong in a meeting with Adviser to Prime Minister on Climate Change Malik Amin Aslam, a press release said. A…
Read More »Railway Network to Connect Gwadar Port with Regional Countries under BRI
Federal Minister for Railways Sheikh Rasheed Ahmed on Tuesday said that up gradation of railway’s infrastructure was a key to regional prosperity and world’s economic progress, ARY News reported. Addressing a three-day Cooperation Conference on Global Infrastructure in Seoul, Sheikh Rasheed said that Pakistan Railways (PR) converting Karachi to Peshawar…
Read More »JWG is Persistent to Advance Work on Gwadar Free Zone
ISLAMABAD: The Joint Working Group on Gwadar here on Thursday decided to expedite the work on Gwadar Free Zone Phase -II, besides expediting work on 300 MW coal based power plant so that electricity could be provided which was crucial for development of port. The group met here with Secretary…
Read More »Tax Relief Measures Approved By ECC to Promote Ease Of Doing Business in Gwadar Port And Free Zone
ISLAMABAD: Pakistan on Wednesday approved, in principle, the pending tax concessions for Gwadar Port and its free zone amid the Federal Board of Revenue’s (FBR) refusal to grant sweeping concessions through a Statutory Regulatory Order (SRO). The FBR largely withdrew some of its objections after a legal opinion from the Ministry…
Read More »Gwadar Free Zone to be Tax Free, Government Decides in NDC Meeting
ISLAMABAD: The National Development Council (NDC) has decided to grant tax concessions to business units that would be set up at the Gwadar Free Zone under the China-Pakistan Economic Corridor (CPEC) — an issue that has remained in limbo for the last three years over fears that the move would adversely…
Read More »NDC to Approve Gwadar Master Plan in its First Session
ISLAMABAD: According to The News’ report, Prime Minister Imran Khan will hold first National Development Council (NDC) meeting with Chief of Army Staff (COAS) Gen Qamar Javed Bajwa and other members today to get detailed briefing on Gwadar Master Plan and development plan for Balochistan. Federal Minister for Planning and…
Read More »Gwadar’s Master Plan to be Unveiled Soon As Cabinet Decides to Give Final Nod
Pakistan’s port city, Gwadar, is a vital part of the multi-billion-dollar China-Pakistan Economic Corridor (CPEC), which aims to increase regional trade and development. Yet, for the last two years, its master plan could not be finalised. The blueprint was worked on and re-worked several times, while bureaucrats came and went.…
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