The Senate was informed on Wednesday that Gwadar Port would be operational by Dec 30, 2006. During the question hour, Minister of State for Parliamentary Affairs Kamil Ali Agha said that 90 per cent work on the first phase of the port had been completed.

Located at the entrance of the Gulf and about 650-km from Karachi, Gwadar has immense Geo-strategic significance on many accounts. The continued unstable regional environment in the Gulf in particular as a result of the Iran/Iraq war, the Gulf war and the emergence of the new Central Asian States has added to this importance.

The MCC Resources Development Limited (MRDL), a subsidiary of the China Metallurgical Group Corporation (MCC), has shelved a plan to set up a refinery at Saindak to separate gold from blister copper.

The prices of property in Gwadar that had been depressed for quite sometime because of slow progress of development works in the city and at the port have fallen further following the death of Nawab Akber Khan Bugti, as concerns over the future of the projects mounted.

Gwadar Airport project would be completed by August 2010 at a cost of Rs 7,885 million. In a written reply to question raised by Muhammad Ismail Buledi in the Senate, he said after the completion of planning and designing process the physical execution of Gwadar Airport project is scheduled to start in March this year.[…]

Pakistan and Iran have agreed to a proposal relating to passenger and commercial cargo carriage by private shipping lines between Iranian port of Chabahar and Pakistani port Gwadar, a senior government official told the Daily Times on Thursday.

RAWALPINDI: A Memorandum of Understanding (MoU) for developing the Golden Palms Residential Estate Gwadar was signed on Tuesday between the Hashoo Group and IBEX Construction (Private) Limited, a subsidiary of Frontier Works Organisation (FWO).

ISLAMABAD, Aug 15: The Singapore Port Authority (SPA) which is to run the Gwadar Port has overcome its teething problems and the port is likely to be made fully operational from next month with three berths handling the arriving ships.

Proper Operations at Gwadar Port to start by August 2007 after the installations of bigger Cranes.