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Gwadar Real Estate News

Shaukat Aziz asks for quick work on Gwadar Port

ISLAMABAD: Prime Minister Shaukat Aziz has ordered work on Gwadar Port to be quickened in order to complete it without any delays. A meeting was held at Prime Minister’s House on Wednesday to review the progress on the port’s construction. The prime minister was told that dredging work to deepen Gwadar Port had started and[…]

Gwadar protests against coast guards

GWADAR: Gwadar observing strike today against Pakistan coast guards behavior whereas bus owners of Karachi to Makran route have also joined the strike causing complete bus traffic from Karachi to Turbat, Panjgor, Pasni, Ormara and other parts.

Railway link to be established between Quetta, Gwadar

ISLAMABAD: The Pakistan Railways intends to establish a railway link between Quetta and Gwadar at a cost of Rs 40 billion. This was stated at a meeting of the Senate Standing Committee on Communication and Railways, which met here on Monday under the chairmanship of Senator Kamil Ali Agha. The meeting was informed that the[…]

China's pearl in Pakistan's waters

GWADAR – When Chinese Premier Wen Jiabao visits Pakistan this month to inaugurate the Gwadar deepsea port, China will take a giant leap forward in gaining a strategic foothold in the Persian Gulf region. It will advance what a recent Pentagon report describes as Beijing’s “string of pearls” strategy that aims to project Chinese power[…]

NSC to meet on 28th

ISLAMABAD: The National Security Council (NSC) is scheduled to meet on February 28 to decide on constitutional issues, the Balochistan situation and water reservoirs, sources told Daily Times on Saturday.

Govt to grant Gwadar 7-years tax holiday

ISLAMABAD: The government has decided to grant seven years’ tax exemption to industrial and business establishments in Gwadar Special Economic Zone (GSEZ) despite opposition from the Central Board of Revenue (CBR) and the Ministry of Labour and Manpower, Daily Times learned on Wednesday.

Gwadar and the India-Iran nexus

A study put out by a think-tank in Washington says India and Iran view Pakistan’s Gwadar Port Project (GPP) with disfavour because it will one day come to rival Iran’s Chahbahar Port. Iran built the Chahbahar Port with Indian assistance and considers it Central Asia’s conduit to the Gulf and the Indian Ocean.

Govt seeks World Bank loans for Gwadar Port

ISLAMABAD: Pakistan has sought loans and technical assistance from the World Bank (WB) to develop infrastructure of the Gwadar Port, said an official who was at Monday’s meeting between WB President James D Wolfensohn and Dr Salman Shah, advisor to the prime minister on finance and revenue.

Gwadar: Landmark in history of Pakistan

KARACHI: Gwadar town is as ancient as the Islamic history. The known history of Makran goes back to the time of Prophet Dawood (RA) when the people reach there to avoid starvation. In 325 BC when Alexander the Great incidentally found the sea in this area on his way from India to Macedonia . Gwadar[…]

Pakistan's Gwadar Port dreams may die young

Islamabad: Pakistan’s under construction Gwadar Port may face many hurdles before realising its goal of facilitating Pakistan’s economic growth with two key regional players, India and Iran seeing it as an economic and security threat, and local Baloch nationalists believing that the benefits will bypass them.

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Atif Iqbal from eProperty®