Posts

Showing posts with the label Gwadar Port Pakistan & CPEC -Gateway to Business

Ongoing Development Project aimed Gwadar Port Pakistan

Image
CPEC projects   CPEC is an undertaking to promote uber improvement planned for interfacing Gwadar Port Pakistan in the northwestern area of Xinjiang, China, a system of streets, railroads and pipelines. The monetary hall is the focal point of Sino-Pakistani relations and will run a separation of 2,700 km from Gwadar to Kashgar.   Gwadar Port Pakistan , China-Pakistan Economic Corridor and it connects to Central Asia, the Middle East and Africa will help assemble the whole locale. The absolute expense of development is evaluated at $ 46 billion, which is relied upon to be finished in various years. Passageway development of China's 21st century Silk Road activity. This is the biggest outside venture declared by China up until now and the retailer is relied upon to work in three years. The intermediary will change the vital game in the locale and will make a huge commitment to making Pakistan a steady and versatile foundation. Invest in transit   The CPEC task will put

The government bureau endorsed personal duty exception for Gwadar Free Zone

Image
GFZ pay of working   The government bureau endorsed personal duty exception for Gwadar Free Zone on the pay of working organizations from port activities. The personal expense occasion was additionally stretched out to COPHCL, Gwadar Port Pakistan Marine Services, and Gwadar Free Zone Company.   The bureau likewise endorsed deals expense and government extract obligation exclusions on the import of apparatus, gear, and material either for use in Gwadar Port Pakistan Free Zone or for send out, subject to the condition that every such import were made by financial specialists of the free zone. Affirmed charge exclusions   It affirmed charge exclusions for the organizations to be built up in the Gwadar Free zone for a time of 23 years with impact from July 2016 on their bundling, circulation, stuffing and DE-stuffing, CFS, compartment yard, warehousing including cool and cold rooms, transshipment, naming, light-end gathering, re-get together, imports, sends out and their wo

Overview of CPEC: Gwadar Port Pakistan

Image
2013 Chinese President Xi Jinping suggested that the Belt and Road Initiative (BRI) should bring different countries together and provide a win-win situation. It aims to share the opportunities of different countries and the benefits of China's development, Gwadar Port Pakistan . Thus, Pakistan and China proposed the China-Pakistan Economic Corridor (CPEC), Gwadar Port Pakistan in 2013. 2014 Pakistan and China have proposed to start with early crop projects, including energy and infrastructure projects. 2015 President Xi Jinping visited Pakistan and the two states agreed to establish energy, infrastructure, Gwadar Port Pakistan and industrial cooperation under the CPEC. It was a historic visit and a new chapter of success was opened. Naya Pakistan After taking office, President Xi Jinping and Prime Minister Li Keqiang congratulated Prime Minister Imran Khan and President Arif Alvi. Imran Khan's victory speech "Pakistan wants to improve and strengthen

Gwadar Port Pakistan to hold ton load of goods

Image
Completion of Gwadar Port Pakistan As soon as the Gwadar Port Pakistan is completed it will handle a load of 300-400 million tons of trade annually which will significantly boost Pakistan's economy from 2 to 3.5 percent for many years.   Currently, the Gwadar Port Pakistan handles about half a million tons a year and will increase to one million. Doctor Ashafaq Khan, Principal of the school of economics, NUST, Islamabad said Gwadar Blog  Port Pakistan can hold 300 to 400 tons of cargo while all ports in India have a total capacity of handling 500 million tons a year. CPEC with Connection to Gwadar China Pakistan Economic Corridor with connection to Gwadar Port Pakistan could handle major economies in the western part of China of 4-5 trillion. It will boost Pakistan’s economy with a total of $ 300 billion and other provinces such as Central Asia. The China-Pakistan Economic Corridor will be called the International Corridor which emphasizes that Pakistan will be the cen

A Tale of 2 Ports: Gwadar & Chabahar Port

Image
Geo-strategic situation in Pakistan The Geo-strategic situation in Pakistan and its neighbors is rapidly changing, which means that economically powerful countries are redefining their roles in the region to gain more benefits. The purpose of these alliances is to achieve their economic, political and other benefits. Pakistan and China Signature of China Pakistan Economic Tunnel is an achievement of economic cooperation between the two countries. Afghanistan is a partner in the Indian trade agreement of Chahbahar. The distance to Gwadar Port Pakistan from Karachi is approximately 650 kilometres and 75 kilometres from the Iranian port of Chabahar. The Gwadar Port Pakistan is connected to Kashgar city of China and a distance of 2500 kilometres by highway at Karakoram in Pakistan. China relies heavily on Gulf countries importing about 60% of Gulf oil when ships must cover a total of 16000 kilometres to their Chinese trading port through the Pacific and Indian Oceans which takes 3 mon

Gwadar Port Pakistan & CPEC -Gateway to Business

Image
Gwadar Port Pakistan Gwadar Port Pakistan has an ideal location with warm water and deep sea ice which has a positive impact not only on Pakistan but the whole region in terms of CPEC and trade. The port of Gwadar Port Pakistan connects directly with Asia, Europe and Africa in trade. Gwadar Port Pakistan is ready to compete with the port of Dubai and its power. The strategic location of Dubai and the port of Gwadar illustrates the importance of these trade routes and both countries are at the intersection of international trade and oil trade routes. In addition, both of the identified ports are considered as important checkpoints that provide access to the Indian Ocean with about 100,000 ships and close to 70% of the oil exports to different countries. The Indian Ocean is also considered to be home to the world's most used commodities, with 30% of electricity and 50% of global exports going to different countries. Read more ...   Benefits of Gwadar to Gulf According t