Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Senate body for handing over 84 acres of Gwadar land to Chinese company

byCustoms Today Report
15/01/2014
in Breaking News, Islamabad, Latest News, Ports and Shipping, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: The Standing Committee on Ports and Shipping of Upper House of the Parliament emphasized handing over 84 acres of land to Chinese company and completion of all road links prior to the company starts operating Gwadar Port.

The Senate Standing Committee on Ports and Shipping, in its meeting held with Senator Fateh Muhammad Hassani in the chair, also expressed concern over the rejection of a summary moved by the Gwadar Port Chairman seeking Rs1.5 billion to purchase dredges for the Port Authority. The committee members asked the Finance Ministry to provide Rs1.5 billion the Gwadar Port Authority. On the occasion, the participants were apprised that Rs400 million would be required to purchase alternative land for 85 acres of land currently in possession of Pakistan Navy in case of any objection raised by the investor.

You might also like

Pakistan’s two and three-wheeler sales hit record 202,502 units in September

13/10/2026

Banks refund Rs1.2b to customers in nine months FY26

13/10/2026

The meeting also directed the National Highway Authority (NHA) to complete N-85 and M-8 to connect the highways of Sindh, Punjab, KPK and all the districts of Balochistan with the port. The participants were informed that a cell has been set up in the Prime Minister’s Secretariat to facilitate Chinese companies and investors and a ministerial level meeting of the two countries is scheduled to take place in Beijing in the current month. It was also informed that the Frontier Works Organisation (FWO) had already started work.

Meanwhile, the committee chairman pointed out that in light of the recommendations of the subcommittee, Pakistan Navy should hand over 500 acres of land immediately to the Gwadar Port Authority (GPA) while the federal government should take possession of remaining 84 acres. It is to be noted that subcommittee had recommended Pakistan Navy to hand over 500 acres of land immediately to Gwadar Port Authority (GPA) for the establishment of a free zone while the federal government would take the possession of remaining 84 acres. The subcommittee had also proposed that the Balochistan Board of Revenue (BBR) should arrange alternative 1,000 acres for Pakistan Navy against 500 acres, for which the Port and Shipping Ministry would arrange finance.

Related Stories

Pakistan’s two and three-wheeler sales hit record 202,502 units in September

byCT Report
13/10/2026

ISLAMABAD: Pakistan’s two- and three-wheeler sales reached an all-time high of 202,502 units in September 2026, crossing the 200,000-unit mark...

Banks refund Rs1.2b to customers in nine months FY26

byCT Report
13/10/2026

KARACHI: The Banking Mohtasib Pakistan has resolved 29,001 complaints in favor of bank customers, involving refunds worth Rs. 1.2 billion,...

PRA to strengthen digital monitoring against tax evasion

byCT Report
13/10/2026

LAHORE: Punjab Revenue Authority (PRA) here Monday decided to further strengthen its Vigilance Wing alongside digital monitoring to curb tax...

LCCI, NAB resolve to join hands against corruption to promote investment

byCT Report
13/10/2026

LAHORE: National Accountability Bureau (NAB) and Lahore Chamber of Commerce and Industry (LCCI) have resolved to strengthen institutional cooperation against...

Next Post

FBR announces exemptions for govts, diplomats, privileged persons

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.