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.

ISLAMABAD : Adviser to the Prime Minister on Finance Shaukat Tarin has said that Pakistan will not expect any monetary help from Japan, but will definitely appreciate economic assistance against a menu of projects, according to a message received here from Tokyo on Friday. Shaukat Tarin said this while briefing Japanese media after holding meeting[…]

KARACHI (February 02 2009): Viability of the $250 million Gwadar Port project is in hot water, as the Ministry of Defence (MoD) has refused to transfer 584-acre “defence land” to Gwadar Port Authority (GPA) for establishment of the long-awaited Free Zone.

IT was amid some controversy about who should have management rights over it that the country’s third deep-sea port became fully functional at Gwadar the other day. Being the first outside Sindh — outside Karachi, to be precise — it is expected to encourage considerable economic activity and bring in employment opportunities for the people[…]

LAHORE: Gwadar district administration has imposed a state of emergency following the losses caused by the recent torrential rains in the district, a private TV channel reported on Tuesday. According to the channel, the emergency has been prompted by the heavy financial losses caused by the rains continuing in the coastal district for the last[…]

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[…]

QUETTA, Dec 21: The Gwadar port became fully functional on Sunday after a ship carrying fertiliser from Qatar anchored at the port. Federal Minister for Ports and Shipping Nabil Ahmed Gabol and Balochistan Chief Minister Nawab Mohammad Aslam Raisani attended the ceremony held at the port to mark its opening.

The Economic Co-ordination Committee (ECC) of the Cabinet on Tuesday approved up to 40 years’ tax exemption to Gwadar Port on Dubai-backed proposal, but shelved decision on wheat support price. The ECC on Tuesday held its last meeting, totalling 115 meetings under the chairmanship of Shaukat Aziz as Finance Minister and Prime Minister.