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 Latest News

Balochistan kicks off development projects in Gwadar

byCT Report
07/10/2019
in Latest News, Ports and Shipping
Share on FacebookShare on Twitter

GWADAR: Balochistan government has decided to initiate various development and public welfare projects in Gwadar, besides expediting the water projects to resolve the longstanding issue of availability of potable water in the city.

An official of the provincial government told media that the government has formulated a plan to initiate development and renovation work to improve old structure of Gwadar.

You might also like

ICCI, PBA Korea sign MoU to expand trade, investment & business linkages

01/09/2026

Askari General Insurance, Askari Life transfer 51% stakes from Army Welfare Trust to Fauji Foundation

01/09/2026

In this regard, the government has allocated a huge amount to construct and rehabilitate roads in the area.

He said the government would construct ‘Eastbay Expressway’ as the road will be the main artery of Gwadar Port through which the entire traffic of port will flow.

“The objective of Eastbay Expressway is to provide primary connectivity of the port with the network of national highways.”

Chinese Ambassador to Pakistan Yu Jing Friday emphasised that the China Pakistan Economic Corridor (CPEC) was the essence of bilateral and long-term relations between China and Pakistan. “The CPEC will develop infrastructure in Pakistan,” he said, while speaking at a dialogue on CPEC hosted by the Karachi Council on Foreign Relations (KCFR) at a hotel.

Yu Jing said that China was doing huge investment on a partnership basis. “We were helping Pakistan in various sectors including education, technical education, agriculture, social development, technology transfer etc.”

“CPEC will connect China with Gwadar and will lead [businesses] to Kandahar, Afghanistan, Central Asia and Russia,” he said, adding “We are trying hard to make the world a better place to live. Gwadar is an emerging port of Pakistan which possesses a long awaited dream of Pakistanis and the government”.

The ambassador said: “We are waiting for free zone policy of the government of Pakistan, after which we will launch 19 projects in Gwadar […] China is spending US$40 million annually to keep Gwadar port functional and it has started commercial operations.”

“In the next phase of Free Trade Agreement (FTA), we will establish manufacturing units of agriculture, sea food and other industries which will provide huge employment opportunities to the people [of Pakistan].”

Related Stories

ICCI, PBA Korea sign MoU to expand trade, investment & business linkages

byCT Report
01/09/2026

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) and the Pakistan Business Association Korea (PBA Korea) have signed a...

Askari General Insurance, Askari Life transfer 51% stakes from Army Welfare Trust to Fauji Foundation

byCT Report
01/09/2026

KARACHI: Askari General Insurance Co. Ltd. and Askari Life Assurance Company Limited have disclosed the transfer of their respective 51%...

FBR yet to set refund mechanism for Section 7E, Super Tax under Section 4C

byCT Report
01/09/2026

LAHORE: The Federal Board of Revenue (FBR) has yet to establish a formal mechanism for refunding taxes collected under Section...

Zong wins 5 awards at Dragons of Asia 2026, the only telecom operator to win gold for its 5G Excellence

byCT Report
01/09/2026

ISLAMABAD: Zong, Pakistan’s leading technology services enterprise, has emerged as the only telecom operator to win gold for its 5G...

Next Post

SHC orders strict action against sellers of gutka

  • 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.