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Gwadar Real Estate News

Warning over bogus Gwadar schemes

ISLAMABAD, May 29: The National Accountability Bureau (NAB) on Tuesday warned the general public against making investments in 18 private housing schemes which have been declared ‘fake’ by the Gwadar Development Authority.

MEETING reviews Gwadar terrorism

GWADAR: A high level meeting while reviewing act of terrorism in Gwadar and security arrangements described this act and dirty conspiracy against Pakistan’s integrity and development of the country and province here Monday. Balochistan Governor Owais Ahmad Ghani, Chief Minister Jam Muhammad Yusuf, Chief Secretary Maj (R) Ashraf Nassar, Provincial Police Officer Dr Shoaib Suddle,[…]

Gwadar deep sea port: vision turns into reality

GWADAR: Gwadar deep-sea port, Pakistan’s third modern port and Balochistan’s first has become operational last week after its formal inauguration by President General Pervez Musharraf. The port will serve as a strategic storage, transit facility and a regional hub for major trade activities, along some of the busiest sea-lanes in the region.

Gwadar and beyond

The inauguration of the Gwadar port is a step forward in Pakistan’s infrastructural and economic development and for Balochistan in particular. However, much still needs to be done to ensure that the fruits of this development filter down to the average Baloch.

Pakistan's post-9/11 economic boom

While the events of 11 September 2001 created an atmosphere of fear and suspicion among Pakistani expatriates living in the US, the benefits back home are becoming increasingly noticeable. Many wealthy Pakistanis in America have responded to increased monitoring of wealth and assets, particularly owned by Muslims, by sending a substantial part of their savings[…]

Refineries at Gwadar must: president

KARACHI, Aug 26: President Pervez Musharraf said on Friday that Pakistan must establish oil refineries at Gwadar to refine oil of Gulf countries for international market. “If we can develop large oil terminal and set up oil refineries at the Gwadar port located at the mouth of the Gulf.

PM seeks Gwadar projects

ISLAMABAD: Prime Minister Shaukat Aziz on Wednesday ordered complete details of all developmental projects and boards for the Gwadar Port Project, and demanded a comprehensive briefing from the Ministry of Shipping and Ports, sources said.

Leading operators interested in Gwadar port

KARACHI, Aug 1: A number of leading international port operators, including Dubai Port International, Global Marine Service Company, Pakistan International Container Terminal, have shown interest in handling Gwadar port operations. The invitation for expressions of interest (EoIs) issued by the Gwadar Port Implementation Authority (GPIA) has received an encouraging response from major international port operators.

Gwadar-Quetta rail link feasibility study in six months

Gwadar-Quetta rail link feasibility study in six months LAHORE: Pakistan Railways is expected to complete the feasibility study of the Gwadar-Quetta rail link project in the next six months with an estimated cost of Rs 125 million. The Planning Commission of Pakistan has also called a meeting of the Railways management to seek briefing on[…]

Gwadar made tax-free zone for 30 years

ISLAMABAD: The cabinet committee on Gwadar on Thursady declared the city tax-free zone for 30 years and said the government would not tax businesses in Gwadar industrial zone and would provide every facility to attract foreign and domestic investment, sources said.

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