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

FTO makes online hearings default for tax complaints

22/07/2026

Pakistan Customs orders KICT to clear container backlog within a week

22/07/2026

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

FTO makes online hearings default for tax complaints

byCT Report
22/07/2026

LAHORE: The Federal Tax Ombudsman (FTO) has made online hearings the default mode for resolving tax complaints at its headquarters...

Pakistan Customs orders KICT to clear container backlog within a week

byCT Report
22/07/2026

Pakistan Customs has ordered officials to clear the backlog of import and export containers at the Karachi International Container Terminal...

Pakistan’s cotton output falls to less than half of peak level: OICCI report

byCT Report
22/07/2026

KARACHI: Pakistan's cotton production has dropped to less than half of its historic peak, causing the country an estimated annual...

Pakistan, Iran discuss trade, economic cooperation and connectivity

byCT Report
22/07/2026

ISLAMABAD: Iran's Deputy Minister of Transport Mehran Ghorbani and Deputy Minister of Interior for Economic Affairs Mehdi Dousti met Minister...

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.