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

Govt committed to develop Gwadar as modern smart port city

byCT Report
18/02/2020
in Latest News, Ports and Shipping, Slider News
Share on FacebookShare on Twitter

GWADAR: Gwadar Development Authority (GDA) Director General Shahzeb Khan Kakar said the government was committed to make Gwadar a Smart Port City and the modern Gwadar master plan and by-laws are ready to take off development activities in the city.

Addressing a meeting with members of Association of Builders and Developers of Pakistan (ABAD), he said all hurdles in Gwadar’s development had been removed ABAD Chairman Mohsin Sheikhani, Senior Vice Chairman Sohail Warind, Chairman Southern Region Muhammad Ali Ratadia, Shahid Baloch, Director Town Planning GDA, Assistant Town Planning, former chairman ABAD Junaid Ashraf Taloo, Hassan Bakshi, CEO of Star Marketing Wasiq Naeem and a number of ABAD members were also present on the occasion.

You might also like

ICCI President urges Prime Minister to revisit early market closure policy

23/04/2026

Pakistani banks see sharp rise in US dollar deposits despite SBP controls

23/04/2026

Shahzeb Khan said that he was confident that in the presence of a well organized Association like ABAD Gwadar would become a city like Singapore.

He said the main problem of Gwadar was non-availability of water but this issue has also been resolved as water pipelines were being installed from various dams, which are having capacity of supplying water to the port city for five years while desalination plants were also being installed.

He said the second hurdle of Gawadar’s development was of electricity, which has been overcome as a 300 Megawatt power station was being established with rapid pace. He said the third major hurdle was of law and order which had also been addressed. The DG said Gwadar would be made a Digitalized city and all land records will be digitalized.

He observed that by 2050 Gwadar’s economic turnover will reach to 30 billion US dollar and per capita income of the country is expected to reach 15000 US dollar which is currently at 1350 US dollar.

He also claimed that Master plan of Gwadar is prepared for 50 years. Shahzeb Khan Kakar said that Karachi is facing problems due to non-availability of proper master plan.

He said that private sector will be given priority for the development of Gwadar and One Window facility will be provide to private sector.

Addressing the meeting Chairman ABAD Mohsin Sheikhani pointed out that Gwadar Development Authority was established in 2004 but unfortunately Gwadar could not be developed as per expectations.

He said that all stakeholders should be taken into confidence for making master plan and investors should be promised for not making any change in it. He said that a long term and stable policy and facilities to investors are necessary for development.

Former Chairman ABAD Junaid Ashraf Taloo suggested some changes in by-laws of GDA to provide better investment environment to investors.

 

 

Related Stories

ICCI President urges Prime Minister to revisit early market closure policy

byCT Report
23/04/2026

ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has urged Prime Minister Shehbaz Sharif to rationalize...

Pakistani banks see sharp rise in US dollar deposits despite SBP controls

byCT Report
23/04/2026

KARACHI: Pakistan’s banking sector has recorded a sharp rise in US dollar deposits despite strict controls imposed by the State...

Two IPOs approved for listing at PSX despite regional tensions

byCT Report
23/04/2026

KARACHI: The Securities and Exchange Commission of Pakistan has approved two more Initial Public Offerings for listing at the Pakistan...

KPRA distributes prizes of lucky draw of consumer rewards scheme

byCT Report
23/04/2026

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) held prize distribution ceremony for its first lucky draw of consumer reward scheme to...

Next Post
A pedestrian walks past a stock indicator displaying share prices on the Tokyo Stock Exchange in Tokyo on February 6, 2020. - Tokyo stocks closed more than two percent higher on February 6, boosted by record-setting advances on Wall Street on strong US economic data and hopes over containing the deadly new coronavirus. (Photo by STR / JIJI PRESS / AFP) / Japan OUT

Apple’s sales warning rippled across Asian and European markets 

  • 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.