Category | News & Updates

Work on provision of rail link to Gwadar port started

Posted on 13 January 2009

ISLAMABAD, Jan 12 (APP): The National Assembly was informed on Monday that the government was attaching great importance to development of road and rail links to Gwadar port. While replying to a question by Marvi Memon,MNA on behalf of Minister for Ports and Shipping during Question Hour, Minister for Information and Broadcasting Sherry Rehman said […]

Gwadar an ideal destination for local, foreign investors

Posted on 10 January 2009

ISLAMABAD: With strategic and economic significance, Gwadar is well poised to unleash constructive opportunities for local as well as foreign investment in diverse fields. Development work and business activities are gaining impetus at a fast pace with the Gwadar site getting transformed into an ideal destination for potential investors. Gwadar has better potential and investment […]

Bookkeeping workshop held in Gwadar

Posted on 06 January 2009

KARACHI: Association of Chartered Certified Accountants (ACCA) and SMEDA jointly organised a workshop on bookkeeping in Gwadar the other day. The workshop was aimed at enabling small entrepreneurs to understand the fundamentals of accounting and bookkeeping, thus facilitating small business owners to maintain relevant and reliable records that would help in internal and external decision-making […]

Oman helps Establishing of Museum at Gwadar

Posted on 03 January 2009

ISLAMABAD, Jan 1 (APP): The Ambassador of Oman Mr. Mohmed Al‑Lawati, who called on Secretary Culture here today, handed over artifacts which include gun, sword shield, dagger, necklace, anklets & bracelet to the Department of Archaeology, government of Pakistan for their display in the Gwadar Fort Museum. The Ambassador also handed over a cheque of […]

Gwadar seaport to enhance trade ties with regional countries

Posted on 03 January 2009

ISLAMABAD, Dec 31 (APP): Prime Minster Syed Yousuf Raza Gilani on Wednesday said the development projects initiated by the government would bring rapid socio economic development of the people of Balochistan. He said that the recent opening of Gwadar port would play a significant role in enhancing the economic, trade and commercial ties with the […]

Iran to give $55m for construction of transmission line at Gwadar

Posted on 03 January 2009

ISLAMABAD: A high level delegation of Iran headed by Iranian Minister for Energy Parvaiz Fattah on Monday informed that Iran would provide $55 million for construction of transmission line of 70 kilometres in Pakistan. The Iranian delegation held a meeting in the Ministry of Water and Power and discussed bilateral co-operation on existing power sector […]

Road network connecting Gwadar with neighbours scheduled to be completed

Posted on 28 December 2008

ISLAMABAD, Dec 28 (APP): Trade activities are likely to gear up in Gwadar from mid next year as most of the road network projects, conceived to provide economical connectivity to China, Afghanistan, Central Asian States and Iran would start functioning within a period of next 6 to 12 months. General Manager (Construction) National Highway Authority […]

Gwadar Port fully operational, six ships to dock this month

Posted on 19 December 2008

ISLAMABAD, Dec 17 (APP): Minister for Ports and Shipping Nabeel Gabol told the National Assembly on Wednesday that the Gwadar Port was fully functional and six ships carrying urea would dock at the port this month. Responding to a question by Sheikh Salahuddin during the Question Hour he said that an amount of Rs 400 […]

Gwadar Port to become functional on 21st

Posted on 18 December 2008

QUETTA, Dec 18: Gwadar Port will become functional on Dec 21 with the arrival of a large ship carrying fertiliser. Prime Minister Syed Yousuf Raza Gilani will attend the inauguration ceremony at the port. Balochistan Chief Minister Aslam Raisani told Dawn on Thursday that the port would become fully functional and more cargo ships would […]

Four ships carrying urea to berth at Gwadar Port

Posted on 07 December 2008

KARACHI: The government is keen to make functional the Gwadar Port. In this regard government has formulated a plan to import wheat and fertilizers and export cement from Gwadar Port. Gwadar Port would receive four ships carrying urea imported from Ukraine. Trading Corporation of Pakistan is importing fertilizers from Ukraine. The four ships carrying urea […]

Gwadar Port declared tax free zone for 20 years

Posted on 03 December 2008

ISLAMABAD: Balochistan Chief Minister Nawab Aslam Raeesani has declared Gwadar deep sea port a tax free zone for the next 20 years under the Gwadar Master Plan. Talking to a private television channel on Sunday, the chief minister said the decision had been taken after a meeting with Federal Industries Minister Manzoor Wattoo. Raeesani said […]

Region’s biggest oil refinery to be built near Gwadar

Posted on 03 December 2008

KARACHI (November 17 2008): The people’s government is committed to complete the Gwadar deep water port project making the strategic Mekran region the pearl trade and energy corridor for the entire region catering the bulk needs of the landlocked Central Asian countries. The Minister of State for Ports and Shipping, Nabil Ahmed Gabol, said in […]

EMC calls for utilisation of Gwadar Port for imports, exports

Posted on 03 December 2008

ISLAMABAD: Economic Monitoring Committee (EMC) here on Monday asked the Ministry of Ports and Shipping for better utilisation of the Gwadar Port for the transportation of imports and exports of the country. The EMC, which met under the chairmanship of Mr Shaukat Tarin, Adviser to Prime Minister on Finance, while reviewing the cement exports situation […]

Govt to provide land for ancillary port facilities at Gwadar

Posted on 03 December 2008

ISLAMABAD: The government is planning to acquire 78 acres of land adjacent to the Gwadar Port for provision of ancillary port facilities, like container parks, banks stevedore and clearing services, offices, workshops, storage yards and others, sources in the ministry of Ports and Shipping told Daily Times here on Monday. These facilities would help in […]

Gwadar-Ratto Dero road to be completed by 2010

Posted on 02 December 2008

ISLAMABAD, Oct 24 (APP): The National Highways Authority (NHA) will complete the linked road from Gwadar Port to Ratto Dero by the end of 2010, said a spokesman of Ministry of Ports and Shipping. Talk to APP, here on Friday, the spokesman of the authority said that Gwadar Port is functioning very well and other […]

WB to provide $2.25 billion for trade and energy corridor

Posted on 01 December 2008

* Loan expected to ease burden on Finance Ministry for providing Rs 2 billion to PSO for oil terminal at Gwadar * China to develop oil city in Gwadar, railway track to be laid to China By Zafar Bhutta ISLAMABAD: The World Bank (WB) is likely to provide Pakistan $2.25 billion to lay the infrastructure […]

Pakistan forms body to finalize sites for shipyard projects

Posted on 01 December 2008

Business Recorder reported that Mr Syed Yousuf Raza Gilani PM of Pakistan has constituted a committee under the chairmanship of Minister for Ports and Shipping Qamar Zaman Kaira to finalize the sites for building shipyards at Karachi and Gwadar. The Prime Minister constituted the committee following a meeting to review the progress on the development […]

Gawadar to get 100MW from Iran

Posted on 01 December 2008

ISLAMABAD: Iranian Energy minister is due to visit Pakistan from October 15 to 17 and will participate in the launching ceremony of transmission line for import of 100MW power for Gawadar from Iran. Ambassador of Iran to Pakistan, Masha allah Shakeri sated this on Friday in meeting with Federal Minister for Water and Power Raja […]

Govt. committed to development of shipbuilding industry: Gilani

Posted on 30 September 2008

ISLAMABAD, Sep 30 (APP): Prime Minister Syed Yousuf Raza Gilani while expressing government’s resolve for the development of shipbuilding industry in Pakistan said that the setting up of two shipyards in Karachi and Gwadar would go a long way in catering to domestic as well as international needs. The Prime Minister observed this while chairing […]

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