Latest News

PTI GOVT APPROVES SEVEN PROJECTS WORTH RS12.2B

Sunday 5 April 2020
Investment in Gwadar,

The Central Development Working Party (CDWP) approved seven projects worth Rs12.23 billion and recommended five other schemes worth Rs158.23 billion to the Executive Committee of National Economic Council (Ecnec) fo... Read More

LAND ALLOCATION IN PROCESS FOR $10B SAUDI ARAMCO REFINERY IN GWADAR

Sunday 5 April 2020
Investment in Gwadar,

A Saudi delegation, headed by Saudi Minister for Energy, Industry and Minerals Khalid Abdul Aziz Al Falih, inspect the land allocated for a proposed oil refinery in his earlier visit to Gwadar in 2019. Pakistan and... Read More

PTI GOVT TO USE GPS TO MONITOR TREES PLANTED UNDER 10 BILLION TREE TSUNAMI

Sunday 5 April 2020
Investment in Gwadar,

As the government presses ahead with its ambitious plan of planting over 10 billion trees across the country, a junior climate change minister on Monday suggested that global position systems (GPS) and other satel... Read More

ENERGY PRODUCTION UNDER SUKI KANARI HYDROPOWER PROJECT WILL BEGIN IN 2022

Sunday 5 April 2020
Investment in Gwadar,

The 885 megawatts Suki Kanari hydropower project will begin production in 2022, said an official. “We have completed more than 55 per cent of work and expect that the power production will begin in 2022,” project... Read More

Why is CPEC, A GAME CHANGER FOR PAKISTAN?

Sunday 5 April 2020
Importance of CPEC, Industrial Estate,

China-Pakistan Economic Corridor is a framework of regional connectivity. CPEC will not only benefit China and Pakistan but will have positive impact on Iran, Afghanistan, India, Central Asian Republic, and the region.... Read More

Chinese want to make Gwadar more valuable than Karachi

Thursday 12 March 2020
Commercial Zone,

Chinese operators of Gwadar Port and its free zone have vowed to make the coastal city the single largest contributor to Pakistan’s national economic output in seven years, saying 47,000 jobs will be created for locals w... Read More

Prime Minister Imran Khan official visit to China

Thursday 5 March 2020
Investment in Gwadar,

ISLAMABAD: Prime Minister Imran Khan will pay an official visit to China on Oct 7-8 with the main agenda of revival of stalled China-Pakistan Economic Corridor (CPEC) projects. Removal of all bottlenecks in CPEC project... Read More

PTI govt to establish real estate regulatory body

Tuesday 3 March 2020
Investment in Gwadar,

The federal government has decided to establish a Real Estate Regulatory Authority (RERA) to manage the affairs of real estate with an appellate tribunal to settle the disputes of the concerned sector. The real estate a... Read More

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WHY TO INVEST IN GWADAR

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.