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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[…]

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.

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.

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