In a meeting, the Central Development Working Party (CDWP) has approved 13 socioeconomic development projects with a total cost of PKR 38 billion. These projects are related to education, energy, health, higher educat... Read More
The government has approved nine mega development projects at a cost of PKR 361 billion, and this also includes a project under the CPEC Eastern route. This route provides connectivity through a network of roads inclu... Read More
Federal Minister for Economic Affairs, Omar Ayub Khan has directed concerned authorities for timely completion of Gwadar Expressway and Indus Highway projects. The minister issued these directions while chairing a mee... Read More
The CPEC Authority Chairman Lt-Gen (retd) Asim Saleem Bajwa has said that work on the 103-kilometre Nokundi-Mashkhel road has begun. In a tweet, he said that this will improve access to Iran. Moreover, Bajwa also adde... Read More
Chinese State Councilor and Foreign Minister of China Wang Yi, warmly congratulated Foreign Minister Makhdoom Shah Mahmood Qureshi on 70 years of Pakistan-China relationship. In a letter, H.E Wang said that China and... Read More
Professor Dr. Muhammad Khan, an analyst writes that it wasn’t until 2002 that the Gwadar Deep-Sea Port was formally launched. He writes that despite completion of the first phase of the Gwadar Port, there remain... Read More
Pakistan’s Ministry of Commerce has said that it is striving to make Pakistan a hub of transshipment by tapping the potential of its geographical location. Advisor to Pakistani Prime Minister for Commerce and In... Read More
The Ministry of Commerce has announced that Pakistan’s exports to China have increased by 31% USD 1.9 billion during the first 10 months of the current fiscal year. Commerce Adviser Razak Dawood attributed this... Read More
Pakistan has all the characteristics to become one of the most powerful economies in the world. In the past 10 years, Pakistan’s growth has outperformed its neighbours and most global markets. Gwadar is exceptionally important to CPEC since it is a strategic port at the tip of the South Asian sea networking countries with vital trade. Sea trade brings wealth in the region which is why real estate investment is booming right now. Learn more about Pakistan's progress in CPEC and buy Gwadar plots with Globbiz Avenue. Rumormill has the latest Gwadar news as Gwadar is rising towards new heights and development works are underway in first phase of Gwadar Master Plan. In October 2020, development status of Gwadar is satisfactory and government is showing promise to achieve development goals defined by Master Plan’s first Phase. The Emerging Port City of Gwadar with its strategic locality is the main cause behind the setup of China Pakistan Economic Corridor (CPEC). Gwadar is dubbed as Future Economic and Business hub of Pakistan and by this aspect it’s the most lucrative destination for investments as well, however we need to be realistic while expecting it to be developed in short time.
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