Senior Vice President (SVP), Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Syed Mazhar Ali Nasir while answering the SCO panel discussion stated that Pakistan is a main country in the Chinese One Belt and Route initiatives under China Pakistan Economic Corridor (CPEC) which connects Central Asian Republics and Afghanistan with the world through […]

Sir: Reportedly, 2400 square miles of the Gwadar area came under the domain of the Sultan of Oman in 1947. It was administered by Great Britain, and fifty percent of the revenue from the area went to the Sultan. Eventually, an American company identified Gwadar’s potential as a deep port. Through this port, 25 varieties […]

From the sky, Gwadar looks like a dust bowl as the ATR aircraft, which regularly flies along the Makran coast from Karachi, circles in for landing. The new airport, currently being designed, will be the largest in Pakistan once it is completed, but for now one has to settle for the old airport. Its VIP […]

Getting off the plane at Gwadar airport, I was holding Nassim Nicholas Taleb’s book: The Skin in the Game. The book caught the eye of the person next to me and he asked: “Are you a finance professional?” I told him that being an economist, I do have interest in finance. He was a tall […]

ISLAMABAD: The government on Thursday deferred a move to give more sweeping tax concessions to Chinese operators of Gwadar Port and its free zone amid Beijing’s reservations that Islamabad was not honouring the promise of 23-year tax holiday for the port in true spirit. Prime Minister Shahid Khaqan Abbasi put off approval of a summary […]

ISLAMABAD, May 14 (Xinhua) — Once being an ignored tiny indolent fishing town located at the Arabian Sea in Pakistan’s southwest Balochistan province, Gwadar now witnessed a wave of development projects that is opening new avenues of employment and businesses for locals and will lay a strong infrastructural foundation for the country’s future. From 2013, […]

ISLAMABAD, (UrduPoint / Pakistan Point News – 17th May, 2018 ) :The Economic Coordination Committee (ECC) of the Cabinet on Thursday considered a proposal for introducing necessary amendments in the relevant laws for the purpose of ensuring tax exemptions at the Gwadar Port and Gwadar Free Zone and constituted a committee to remove any anomaly […]

BEIJING: China is a major investor in Gwadar and has so far spent $248 million in the first phase of the development of Gwadar port. China has invested more than $70 billion in countries and regions involved in the Belt and Road Initiative (BRI) since its inception in 2013, with commodity trade exceeding $5 trillion, […]

Once being an ignored tiny indolent fishing town located at the Arabian Sea in Pakistan’s southwest Balochistan province, Gwadar now witnessed a wave of development projects that is opening new avenues of employment and businesses for locals and will lay a strong infrastructural foundation for the country’s future. From 2013, the deep-water port is making […]

ISLAMABAD: Pakistan truly stands at a historic juncture. The country’s strategic location, once being a liability is now a bridge between Europe and Asia. Center of economic power is shifting from the West to East. Over the years Asia has become a leading player in the emerging economies of the world, stated Deputy Chairman Planning […]