QUETTA: Gwadar Eastbay Expressway, the most important mega connectivity and road infrastructure project worth $179 million would be open for traffic from May 16. The completion of Eastbay Expressway being constructed under the China Pakistan Economic Corridor (CPEC) would provide primary connectivity of the Port and its Free Zone with the network of National Highways […]
Gwadar
Gwadar, other parts of Balochistan receive heavy rainfall
On Tuesday, Balochistan’s coastal belt, Turbat and other areas received heavy rainfall with thunderstorms. Rainwater entered houses in the southern part of the port city of Gwadar as well as the power supply was also suspended as the rain lashed the city. Coastal towns of Jiwani, Pasni, Ormara, Kohlu and outskirts also received heavy rainfall. […]
Gwadar New Airport to be operational in September 2023
ISLAMABAD: The Parliamentary Committee on China Pakistan Economic Corridor (CPEC) was informed here on Thursday by the Secretary Aviation division that the progress on New Gwadar International Airport (NGIA) was on track and it would be fully operational by September 2023. The meeting of the committee was presided over by its Chairman […]
Gwadar emerging as the ‘focal point of development’: PM Imran Khan
Prime Minister Imran Khan stated on Monday that Pakistan’s future belonged to Gwadar emerging as the ‘focal point of development’ and ensuring prosperity for the entire country. The prime minister said Gwadar will open up new channels for regional trade while speaking at the inauguration of development projects and the signing of Memorandums of Understanding […]
Tajikistan proposes ‘trade corridor’ to access Gwadar, Karachi ports
ISLAMABAD: Tajikistan’s President Emomali Rahmon on Wednesday expressed his country’s interest to access Pakistan’s Gwadar and Karachi seaports as the ‘shortest trade route’ for the landlocked Central Asian state to connect with the region. In this regard, the Tajik president supported establishment of a ‘trade corridor’ passing through Pakistan, as he addressed at a joint […]
Bajwa says Gwadar’s port, free zone to generate $10bn annual economic activity
GWADAR: CPEC Authority Chairman Asim Saleem Bajwa on Monday said that the Gwadar Port and the Gwadar Free Zone would generate economic activities of around $10 billion per annum besides creating thousands of new jobs after becoming fully operational. “Soon after completion of the Gwadar Free Zone, a lot of manufacturing and trading activities will […]
Gwadar port becoming hub of economic activities
ISLAMABAD: Despite COVID-19 in the country, work on China Pakistan Economic Corridor (CPEC) projects in Gwadar is going fast and it is moving forward to become a hub of economic activities in the country. The Gwadar port is moving forward to become the hub of activities in various sectors including logistic, trade, new industries, science, […]
Pakistan exports to EU increase by $1.1bn in last 10 months
ISLAMABAD – Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood on Wednesday said that Pakistan exports to European Union (EU) countries increased by $ 1.1 billion during the last 10 months of current fiscal year 2020-21. The increased by 17.4 percent to $7.474 billion as compared to $6.367 billion in July […]
CPEC: External violence and internal opposition
Chinese leadership is keen to develop Gwadar as fast as circumstances will allow. For them, the ultimate objective is to reinforce partnership with Pakistan through China-Pakistan Economic Corridor (CPEC), of which Gwadar is the inalienable symbol. We are here for the long-term friendship and not for commercial profits. This is the resounding and reassuring message […]
UAE companies keen to invest in Gwadar: Ambassador Al-Zaabi
‘There were many companies in UAE which were keen to invest in Gwadar and they recently visited Pakistan for the purpose,” the Ambassador of the United Arab Emirates Hamad Obaid Ibrahim Salem Al-Zaabi stated in a meeting with the Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr. Abdul Hafeez Shaikh, on Tuesday. […]