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Islamabad Real Estate News

Pakistan to build fourth port after Gwadar

ISLAMABAD: The government plans to build another port after it completes the Gwadar deep sea port in Balochistan, Federal Minister for Ports and Shipping Babar Ghauri told reporters on Wednesday. Ghauri, after a meeting with the British high commissioner to Pakistan, said the site for the new port would be decided soon.

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[…]

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.

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[…]

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.

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