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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.

NHA developing cross-border road links for trade boost

The National Highway Authority (NHA) has been improving and developing cross border road links for international bilateral trade and connecting it with the Asian Highway Network while the Frontier Works Organisation (FWO) is uplifting Muzaffarabad-occupied Srinagar road links on strategic reasons. The NHA chairman Major General Furrukh Javed disclosed this in his one-day visit to[…]

GDA URGED TO MAINTAIN RECORD OF PLOTS

Real estate agents have urged the Gwadar Development Authority (GDA) to maintain proper record of sale and purchase of residential, commercial and industrial plots in every scheme under its control so as to protect interests of investors, apart from avoiding any scam. According to them, various developers have launched their housing schemes under different names[…]

3 explosions rock Gwadar

QUETTA: Three powerful explosions jolted the port city of Gwadar in Balochistan late Sunday. Police said that no damage was reported so far. The three blasts were reported between 10:30 pm and 11:45 pm. One device exploded in Fish Harbour colony and other two went off near a telephone exchange and post office. Police said[…]

Gwadar will be connected with main rail network by 2007

ISLAMABAD: The government is making efforts to construct a railway track up to Gwadar by 2007 which would enhance the port’s performance, said Railways Minister Ghaus Bux Mehar on Sunday. “The feasibility study is being completed to connect the under-construction Gwadar port with the main rail network,” said Mr Mehar. He said that the Pakistan[…]

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