The Associated Press - Business News on MSN9d
Pakistan’s shiny new Balochistan airport is just missing one thing: passengersWith no passengers and no planes, Pakistan’s newest and most expensive airport is a bit of a mystery. Entirely financed by China to the tune of $240 million, it’s anyone’s guess when New Gwadar International Airport will open for business.
Planning Minister Ahsan Iqbal has emphasized to actively engage with Central Asian Republics and offer them a compelling value proposition for using Gwadar port as their preferred trade route.
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The Nation UAE on MSNRangers, ANF raid drug den in KarachiPakistan Rangers Sindh and Anti-Narcotics Force (ANF) in joint intelligence based operation at a drug den in Machar Colony area arrested three drug peddlers and recovered huge cache of drugs from their possession.
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Pakistan has reportedly handed 5,000 acres of land to China, allegedly to build a naval and air base in the Baluchistan province. China already operates the strategic Gwadar port, but the establishment of a Chinese naval and air base in Baluchistan will pose a significant threat to India.
Chairman Senate Standing Committee on Maritime Affairs Faisal Vawda, on Tuesday said that within 72 hours of the forum's recommendations, the fraudulent controversial sale of 500 acres of land at Port Qasim was cancelled resulted in saving the nation an estimated Rs60 billion.
The relevant officials earlier briefed the Senate panel, headed by Senator Faisal Vawda, about the land holdings of Port Qasim. The committee meeting, which was attended by Senators Danesh Kumar, Naseema Ehsan,
GWADAR: Unknown armed men set fire to several vehicles, including gas bowsers, after blocking the Makran Coastal Highway (N-10) between Pasni and Ormara in Gwadar district late on Monday night.
Planning minister Ahsan Iqbal reviewed on Tuesday critical issues impeding the operationalisation of Gwadar Port in Balochistan, a ministry statement said on Tuesday. The development comes as Ahsan Iqbal chaired a high-level meeting to finalise the Gwadar Port Operationalisation Plan and address key challenges hindering its full functionality.
Pakistan opened its most expensive airport in Gwadar last month. Built by China at a cost of $240 million as part of the China-Pakistan Economic Corridor project (CPEC), the New Gwadar International Airport boasts modern facilities.
Pakistan's new Gwadar airport, funded by China, remains unused since its completion in October 2024. Despite being the largest in Pakistan and part of
Still, there is a perception that it’s dangerous or difficult to visit — only one commercial route operates out of Gwadar’s domestic airport, three times a week to Karachi, Pakistan’s ...
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