Port co-built with China fuels Pakistan's economic engine
7 years, 11 months ago

Port co-built with China fuels Pakistan's economic engine

China Daily  

ISLAMABAD - Gwadar, a poorly-known port town previously in Pakistan has been becoming a new economic engine for the country with the construction of a free zone co-built with China. "We have finished 60 percent of the first-phase construction for the port's free zone, which is expected to be completed by the end of this year, one year earlier than we planned," Hu Yaozong, deputy general manager of the Gwadar Free Zone Company, told Xinhua in a recent interview. The free zone is a key step towards developing the Gwadar port into an important regional hub that will benefit not only South Asia, but also the countries in Central Asia and the Middle East. In 2016, the Pakistani government issued a financial act which ensured a 23-year tax exemption policy for the Gwadar free zone in a bid to attract more international investors.

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History of this topic

Gwadar: Pakistan’s newest and most expensive airport has no passengers or planes - but it is fully financed by China
Top News
55 years, 2 months ago

Gwadar: Pakistan’s newest and most expensive airport has no passengers or planes - but it is fully financed by China

CNN  

Gwadar, Pakistan AP — With no passengers and no planes, Pakistan’s newest and most expensive airport is a bit of a mystery. “This airport is not for Pakistan or Gwadar,” said Azeem Khalid, an international relations expert who specializes in Pakistan-China ties. The government says CPEC has created some 2,000 local jobs but it’s not clear whom they mean by …

No passengers, no planes, no benefits. Pakistan’s newest airport is a bit of a mystery
1 month ago

No passengers, no planes, no benefits. Pakistan’s newest airport is a bit of a mystery

Associated Press  

GWADAR, Pakistan — With no passengers and no planes, Pakistan’s newest and most expensive airport is a bit of a mystery. “This airport is not for Pakistan or Gwadar,” said Azeem Khalid, an international relations expert who specializes in Pakistan-China ties. The government says CPEC has created some 2,000 local jobs but it’s not clear whom they mean by “local” …

Pakistan and China: CPEC’s journey from glittering ambition to virtual stall
1 year, 4 months ago

Pakistan and China: CPEC’s journey from glittering ambition to virtual stall

The Hindu  

The story so far: Seeking urgent funds to the tune of $65 billion via infrastructure investment, Pakistan’s caretaker Prime Minister Anwaarul Haq Kakar,on October 20, completed a five-day trip to Beijing. The main project was establishing the corridor connecting Pakistan’s Gwadar port in Balochistan to China’s Kashgar in south-western Xinjiang region. Moreover, Gwadar port has been leased to the China …

Gwadar Port
1 year, 10 months ago

Gwadar Port

China Daily  

Country: Pakistan Signing Date: April 23, 2015 with Qingdao Port of Shandong Port Group The Pakistan government has adopted the landlord concept for development of the Gwadar Port. In practice, this means that Pakistan will drive the overall development of the port and will raise the funds for developing general port infrastructure, while private sector investors will be the primary …

Chinese vow to make Gwadar port more valuable than Karachi after Pak offers 23-year tax holiday
5 years, 5 months ago

Chinese vow to make Gwadar port more valuable than Karachi after Pak offers 23-year tax holiday

India TV News  

Pakistan has granted a 23-year income tax holiday, exemptions of sales tax and customs duties to the Chinese operators of the strategic Gwadar Port and its free zone as the two countries stepped up their efforts to build the China-Pakistan Economic Corridor, according to a media report on Wednesday. Chairman of China Overseas Ports Holding Company Gwadar Zhang Baozhong on …

Gwadar port turning Pakistan into trade hub: Lawmaker
6 years, 4 months ago

Gwadar port turning Pakistan into trade hub: Lawmaker

The Quint  

Islamabad, Oct 30 A top Pakistani lawmaker has said that the country was turning into a regional and international trade hub due to the strategically located Gwadar deep sea port in Balochistan province. Addressing an inaugural session of Asian Parliamentary Assembly's Standing Committee on Political Affairs in Gwadar on Monday, Pakistan Senate Chair Sadiq Sanjrani said that Gwadar is helping …

Saudi Arabia's oil refinery in Gwadar likely to threaten Chabahar port, make China part of Tehran and Riyadh war
6 years, 5 months ago

Saudi Arabia's oil refinery in Gwadar likely to threaten Chabahar port, make China part of Tehran and Riyadh war

Firstpost  

Islamabad’s latest move was inviting the oil-rich Saudi for investments in the Gwadar refinery and mines in Balochistan. Hong Kong: Pakistan’s latest announcement about Saudi Arabia’s investment in an oil refinery at the port city of Gwadar has set alarm bells ringing in the international arena. The column, written by James Dorsey on Mid East Soccer blog, claims that Saudi’s …

Saudi Arabia's oil refinery in Gwadar threatens China, may increase risk of Arab nation's face-off with Iran
6 years, 5 months ago

Saudi Arabia's oil refinery in Gwadar threatens China, may increase risk of Arab nation's face-off with Iran

Firstpost  

Pakistan’s latest announcement about Saudi Arabia’s investment in an oil refinery at the port city of Gwadar has set alarm bells ringing in the international arena. A Zero Hedge article claims that Pakistan’s move comes from a “desperate” need for funding to ward off a financial crisis stoked by growing debt to China. The column, written by James Dorsey on …

India’s grip on strategic port, Chabahar, loosens as Iran turns to China
6 years, 11 months ago

India’s grip on strategic port, Chabahar, loosens as Iran turns to China

Live Mint  

New Delhi/Karachi: A remote Iranian port could be the next trigger for geopolitical tensions between rivals China and India. On a March trip to Islamabad, Iran foreign minister Javad Zarif said he’d welcome Chinese and Pakistani investment in Chabahar, according to Dawn newspaper. “Delhi would likely take the view that any Chinese presence at Chabahar, even if not involved in …

With the US cutting down aid, Pakistan tries to sell itself to China
7 years, 1 month ago

With the US cutting down aid, Pakistan tries to sell itself to China

Op India  

In December last year, Pakistani newspapers reported that Pakistan is giving the Chinese currency Renminbi the status as the second international currency, at par with the US dollar. Pakistan’s planning and Development Minister Ahsan Iqbal and Chinese ambassador Yao Jing had together launched the Long Term Plan of the China Pakistan Economic Corridor for 2017-2030. While the government officials and …

China hands over two ships to Pakistan Navy for security of Gwadar port, CPEC sea route
8 years, 2 months ago

China hands over two ships to Pakistan Navy for security of Gwadar port, CPEC sea route

India TV News  

China handed over two ships to the Pakistan Navy in a ceremony yesterday to safeguard the strategic Gwadar port and trade routes under the USD 46 billion China-Pakistan Economic Corridor, a move likely to raise alarms in India. China handed over the two ships to the Pakistan Navy for joint security along the sea route of the CPEC, Dawn News …

China, Pakistan to deploy warships to protect Gwadar port
8 years, 4 months ago

China, Pakistan to deploy warships to protect Gwadar port

India TV News  

In a major development, China will deploy its naval vessel in co-ordination with Pakistan at the Gwadar port in Balochistan. China would deploy its naval ships in coordination with Pakistan Navy to safeguard the port and trade under the CPEC, an official of Pakistan Navy told The Express Tribune. Besides the joint deployment of warships, Pakistan is also considering the …

Chinese ships find new international trade route with opening of Pakistani at Gwadar
8 years, 4 months ago

Chinese ships find new international trade route with opening of Pakistani at Gwadar

India TV News  

Pakistan on Sunday opened a new international trade route in the country's southwest region with the inauguration of its newly built Gwadar port from where the first Chinese ship with goods will depart to the Middle East and Africa. Pakistan's top civilian and military leaders traveled to the country's southwest on Sunday to see off the first Chinese ship using …

First Chinese trade convoy arrives at Gwadar port in Pakistan
8 years, 4 months ago

First Chinese trade convoy arrives at Gwadar port in Pakistan

India TV News  

The first trade convoy carrying Chinese goods for export through the China-Pakistan Economic Corridor has arrived at the Gwadar port. According to a report in “dawn’, a Chinese ship docked at the port yesterday, and another vessel was expected to arrive within 24 hours. The report further adds that the second trade convoy was scheduled to reach today. A ceremony …

5 Reasons Gwadar Port Trumps Chabahar
8 years, 9 months ago

5 Reasons Gwadar Port Trumps Chabahar

The Diplomat  

In New Delhi’s latest bid to flex its economic muscles, Indian Prime Minister Narendra Modi visited Iran last month and signed an agreement to develop the $500 million Chabahar port. Only 72 kilometers away lies Pakistan’s Gwadar port, which itself holds greater significance and poses tangible economic, commercial, and strategic challenges to Chabahar. Furthermore, China holds veto power on the …

Pakistan hands over 2000 acres to China in Gwadar port city
9 years, 4 months ago

Pakistan hands over 2000 acres to China in Gwadar port city

India TV News  

Islamabad/Beijing: Pakistan and China today kicked off their ambitious USD 46 billion economic corridor project with Beijing acquiring over 2,000 acres of land in restive Balochistan to develop the strategic Gwadar port, providing the Communist-giant an opening to the Arabian Sea. Asked about the deal between the two close allies at the Gwadar port city, which will get linked to …

Chinese firm to develop special economic zone in Pakistan
9 years, 4 months ago

Chinese firm to develop special economic zone in Pakistan

China Daily  

Photo shows the Pakistan's first deep sea port in Gwadar, Pakistan, April 1, 2007. SOE gets 43-year lease for 152 hectares of land in Pakistani port China Overseas Port Holding Co Ltd, the State-owned company which operates the Gwadar port in Pakistan, has got permission to set up a special economic zone spread over 152 hectares in the strategic deep-water …

India to develop Iranian port
11 years, 10 months ago

India to develop Iranian port

The Hindu  

India on Saturday announced its participation in the Chabahar port project — a move that would reinforce New Delhi’s strategic ties with Tehran and Kabul ahead of next year’s withdrawal from Afghanistan by the United States. In a vast tastefully furnished hall in the Iranian Foreign Ministry where he was flanked by his counterpart, Ali Akbar Salehi, and delegates of …

China takes control of Gwadar Port
12 years, 1 month ago

China takes control of Gwadar Port

The Hindu  

China on Monday took control of Pakistan’s Gwadar Port located at the mouth of the Persian Gulf just outside the strategically important Strait of Hormuz. The official transfer of Concession Agreement from the Port of Singapore Authority to the China Overseas Port Holding Company was carried out in the presence of President Asif Ali Zardari. Billed as Pakistan’s biggest infrastructure …

Will China's takeover of Pak's Gwadar port be a game changer?
12 years, 1 month ago

Will China's takeover of Pak's Gwadar port be a game changer?

Firstpost  

The Chinese take-over of Pakistan’s Gwadar port may well be a strategic game changer; but only time will tell for whom the bell tolls. China getting operational control of Pakistan’s highly strategic Gwadar port is indeed a serious matter for India which warrants a full-fledged meeting of the Cabinet Committee on Security to thrash out an appropriate Indian response. The …

China’s footprint in Pakistan
17 years, 11 months ago

China’s footprint in Pakistan

LA Times  

Times Staff Writer Along a scenic beach where fishermen mend their nets by hand, an endless row of storefronts stretches into the distance, all selling the same thing. An internal Pentagon report leaked two years ago concluded that China was trying to establish a “string of pearls” along the rim of the Indian Ocean, ports that it eventually could use …

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