Gwadar Updates

ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 29th Jul, 2020 ) :The Project of Gwadar East-Bay Expressway which was delayed for various reasons as now scheduled to be completed by the April 2021. According to ministry of Maritime Affairs, the Construction of East bay Expressway is the main artery of Gwadar Port through which the entire traffic of…

Gwadar port and Gwadar Eastbay Expressway employed 280 and 697 locals respectively. This brings the localisation rate to 94% and 98% for the projects, contrary to false claims and propagandas surrounding local employment.

GWADAR: The expansion project of China-Pakistan Gwadar Faqeer Middle School was successfully completed and handed over to Pakistan’s education department, Gwadar Pro reported on Wednesday. Supervised by Gwadar Development Authority (GDA), the expansion project is funded by China Foundation for Peace and Development (CFPD) and constructed by CCCC-FHDI Engineering Co.,…

ISLAMABAD: The Senate Finance Committee unanimously approved on Tuesday the tax concessions proposed for Gwadar Port and Gwadar Free Zone in Finance Bill 2020-21. “These concessions would be very useful in operating Gwadar Port and Gwadar Free Zone,” the Finance Committee remarked. “As a result, its people would also benefit…

ISLAMABAD: Some 18.53 million people will be unemployed in Pakistan in case of a complete shutdown (lockdown) forced by COVID-19, says the Pakistan Economic Survey (PES) released on Thursday. Quoting the Pakistan Institute of Development Economics (PIDE), it said that in case of limited restrictions, about 1.4 million jobs will…

Special Assistant to the Prime Minister on Information and Broadcasting, Lieutenant General (retired) Asim Saleem Bajwa says first bulk cargo ship “MV Manet” carrying wheat and urea of Afghan Transit trade reached Gwadar this week. In a tweet on Saturday, he said a dream come true for local economy as…

Pakistan’s commerce ministry operationalised the Gwadar Port for Afghan transit trade on Friday, marking a first in sea trade between the two countries. The trade business has commenced under the Afghanistan-Pakistan Transit Trade Agreement-2010 (APTTA), authorities at the ministry informed. In a series of tweets, Advisor to Prime Minister on…

ISLAMABAD: Adviser to the Prime Minister on Commerce Adviser Razak Dawood on Wednesday asked relevant stakeholders to reduce dwelling time of cargo handling at ports to facilitate trade. The direction came from the adviser while chairing a meeting on the country’s transshipment potential at the Ministry of Commerce. The meeting…