Category | News & Updates

Gwadar now has European and Russian backing amid a heavy round of FDI

Posted on 24 April 2017

Next Dubai? You would be accused of thinking too small according to a Russian source. Rejuvenated by the China-Pakistan Economic Corridor (CPEC), Pakistan’s investment outlook has reached a new high. Foreign Direct Investments (FDIs) are surging in Pakistan as the China-Pakistan Economic Corridor (CPEC) leads the country to a stable economic outlook. Pakistan’s FDIs are up […]

Oman grants $17.5M for new Gwadar International Airport

Posted on 01 October 2014

Oman Government has decided to grant $ 17.5 million for New Gwadar International Airport out of which $ 2.85 million has already been released, which has been utilized for Watch Towers, Boundary Walls and 18 KMs long road

Pak-Iran pipeline project inaugurated

Posted on 11 March 2013

CHAHBAHAR,Iran: President Asif Ali Zardari and his Iranian counterpart Mahmoud Ahmadinejad inaugurated the Pak-Iran pipeline project here on Monday.   A consortium will start work on $7.5 billion gas pipeline from Pakistan to Iran despite American warnings of possible sanctions, officials said.   The ceremony marked the start of work by an Iranian-Pakistani consortium on […]

Strategic dynamics of Gwadar and IP

Posted on 11 March 2013

By: Imran Malik The geopolitical landscape of the AfPak Region (APR) and South Central Asian Region (SCAR) is about to undergo a massive transformation. As the US/Nato/Isaf combine prepares to egress, new regional alignments are emerging with serious geopolitical, economic and strategic connotations. This change is manifested by two dynamic events with global implications. Firstly, Pakistan […]

Iran to set up $4bn oil refinery in Gwadar

Posted on 11 March 2013

ISLAMABAD: In a major move to boost bilateral cooperation, Iran has agreed to set up a $4 billion oil refinery in Gwadar with an estimated capacity of about 400,000 barrels per day. Prime Minister’s Adviser on Petroleum and Natural Resources Dr Asim Hussain told Dawn on Wednesday that an understanding to this effect had been […]

Iran To Establish Oil Refinery In Gwadar

Posted on 11 March 2013

Iran plans to set up the largest refinery in Pakistan, a US$4 billion facility at Gwadar in the country’s southwestern Balochistan province. Below is an article published by Asia News Online:   Islamabad and Tehran are set to sign a deal for the refinery, which will have a 400,000 barrels per day capacity, on March 11 […]

China given contract to operate Gwadar port

Posted on 11 March 2013

ISLAMABAD: The government on Monday formally awarded a multi-billion dollars contract for construction and operation of Gwadar Port to China with the hope that the port’s development would open up new vistas of progress in Pakistan, particularly Balochistan. Under the contract, the port which will remain the property of Pakistan will be operated by the […]

Pakistan-China Gwadar Port deal to be struck on 18th

Posted on 16 February 2013

KARACHI: The agreement for handing over the operations of deep sea Gwadar harbor to China Overseas Port Holding Authority (COPH) will be ratified on February 18, Geo News reported.   According to sources in the Prime Minister House, the accord signing ceremony will be held at Aiwan-e-Sadr (Presidency).   Sources also divulged that the transition […]

Gwadar port to improve national and provincial economy

Posted on 04 September 2009

QUETTA: Gwadar deep port would promote massive economic activity in the region which would not only benefit local people but also cast positive impact on overall economy of the province and the country. District Nazim Gwadar, Abdul Ghafoor Kalmati talking to APP here Friday strongly rejected the apprehensions among some quarters regarding development of the […]

PM Gilani announces 10% reduction in port charges

Posted on 22 August 2009

ISLAMABAD, Aug 22 (APP): Prime Minister Syed Yusuf Raza Gilani on Saturday announced a 10% reduction in port charges in order to enhance the port operational activities. He made this announcement while attending a presentation during his visit to the Ministry of Ports and Shipping here. The Prime Minister said that port charges in Pakistan […]

Gwadars prospects not tied to Musharraf

Posted on 20 August 2009

By Kamal Siddiqi GWADAR: One cannot understand the logic of importing fertilizer through the Gwadar Port given that most of this is then transported through the Coastal Highway to Karachi from where it makes its way to the rest of the country. But there is a method to the madness, explain local officials of the […]

The limping Gwadar port

Posted on 10 August 2009

The arrival and anchorage of first commercial cargo ship Al-Fahdah carrying 650 tons of dates at the Gwadar deep-sea port on July 22 indicated that the port can handle big cargo vessels. Presently, three berths are functional but significant issues in making the port fully operational have yet to be addressed. ‘There are two key […]

First ever Panamax cargo ship anchors at Gwadar

Posted on 22 July 2009

By Razi Syed KARACHI: The first ever Panamax cargo ship, Al-Fahdah, berthed at Gwadar deep seaport laden with around 650 metric tonne of dates, said the traders on Wednesday. With the arrival of Panamax cargo ship at the Gwader deep seaport, the doors are opened for large vessels to arrive in the country, they added. […]

46000 acres reserved for tax-free zone at Gwadar

Posted on 19 July 2009

QUETTA – The Balochistan government has allocated 46,000 acres of lands for setting up a tax-free industrial zone at Gwadar, said Balochistan Industries Minister Syed Ehan Shah while talking to The Nation here on Saturday. He said that the federal cabinet had approved the tax free zone for a time period of 10 years, adding […]

Iran to provide Gwadar Port 100MW free of cost

Posted on 21 May 2009

ISLAMABAD: Iran has allocated a separate budget for supplying 100 megawatt electricity free of cost to Gwadar Port in Pakistan in order to ease the growing power crisis there. All the groundwork in this connection has been completed and the power supply would start as soon as Pakistan finalized work on transmission lines, said the […]

10-year tax holiday for Gwadar Export Processing Zone

Posted on 21 May 2009

ISLAMABAD: The government has decided to provide ten-year tax holidays for Gwadar Export Processing Zone, Federal Minister for Industries and Production announced it during a press conference here on Wednesday. The cabinet has approved awarding tax holidays for industrial units to be set up in Gwadar. The zone would be established over 46,000 acres areas […]

Gwadar likely to become Balochistans winter capital

Posted on 15 May 2009

QUETTA: The Balochistan government is likely to declare Gwadar as the winter capital of the province. ‘A decision has been taken in principle and the plan is likely to be approved with the next provincial budget,’ sources told Dawn, adding that officials concerned were working on details of the proposal. ‘The decision will have a […]

Gwadar port can open immense opportunities for import, export

Posted on 01 May 2009

ISLAMABAD, Apr 24 (APP): Adviser to Prime Minister on Petroleum and Natural Resources Dr Asim Hussain said on Friday that Pakistan offers shortest access to Central Asian countries to the warm waters of Arabian sea and has successfully developed a modern deep sea port at Gwadar,at the mouth of Persian gulf. During his address to […]

Development of Gwadar Port road linkages top priority

Posted on 17 February 2009

ISLAMABAD: The National Highway Authority (NHA) was attaching top priority to development of road linkages to the Gwadar Port which can prove backbone of the country’s economy in the near future. A source in the NHA told APP on Monday that road connectivity with the Gwadar port was crucial for making it hub of transit […]

Gwadar port is backbone of economy

Posted on 14 February 2009

SHR Jahfer Islamabad—The federal minister for communication Dr. Arbab Alamgir Khan has said that Gawadar Port is the backbone of the country’s economy and its completion was a milestone in the development of the country, therefore special attention is being paid to the highways linking this strategic port. He also clarified that over-loading in containers […]

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