September 7, 2026
More than a decade after CPEC was announced, Gwadar still has no major business or economic enterprise — despite a $320m international airport that remains inactive and a $168m expressway.
Islamabad: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced plans to establish a 100-acre, $80 million seafood processing and export zone at Korangi Fisheries Harbor Authority (KoFHA), aimed at boosting the blue economy and global seafood trade. In a statement on Saturday, the minister said the proposed project aims to develop, finance and operate a modern seafood processing and value addition complex under KoFHA, positioning the port as a regional hub for sustainable, technology-based seafood processing and linking to high-value international markets. He said the initiative would be a bridge between mid-scale seafood processors and value-added factories,
Islamabad: The slowdown in the handling of sugar imports by the Trading Corporation of Pakistan (TCP) has led to a delay in the unloading of goods from other sectors at Port Qasim, causing huge cost of decontamination. Sources told The Express Tribune that Port Qasim had the capacity to offload 4,500 metric tonnes of sugar but it was not being fully utilised, which delayed the offloading of other commodities. They said the private sector had filed a complaint against the TCP that they were forced to pay huge compensation charges due to slow unloading of sugar. TCP officials informed a
Junaid Anwar says Rs12b project to revive Gadani shipbuilding industry KARACHI: Federal Minister for Maritime Affairs Junaid Anwar Chaudhry said the congestion at the port is caused by containers transiting Afghanistan. “Even if port operations stop, we are ready to make this sacrifice, because certain elements are playing a role in undermining the country,” he said. The minister added that once this issue is finally resolved, the pressure on the port will ease. He made these remarks while speaking at the opening ceremony of Maritime Week held at Karachi Port Trust (KPT) on Saturday. The federal minister said that for
October 31, 2025
Iran’s Chabahar port on Gulf of Oman planned with rail link to boost Afghanistan trade View of Chabahar port, Iran. PHOTO: WIKIMEDIA COMMONS The United States has granted India a six-month waiver from sanctions to operate Iran’s Chabahar port, India said on Thursday, boosting New Delhi’s efforts to expand trade with Afghanistan and Central Asian countries while bypassing rival Pakistan. India signed a 10-year contract with Iran last year to develop and operate the port. Earlier this month, it also deepened ties with Taliban-ruled Afghanistan by reopening its embassy in Kabul, which had been closed since the Islamist group seized
Sindh’s 1.8% drop may raise fuel prices by over Rs 3 per litre, directly affecting consumers Oil tankers parked at a port terminal in Karachi. PHOTO: AFP The imposition of the 1.8% Sindh Infrastructure Development Cess by the provincial government has delayed the clearance of oil products at Karachi port, raising fears of a nationwide fuel supply shortage. A 1.8% drop could increase the cost of petroleum products by more than Rs 3 per litre. Enforcing this withdrawal will directly affect consumers even though fuel prices are regulated. The Oil Companies Advisory Council (OCAC) has written to Sindh Chief Minister
September 16, 2025
Denmark announced on Tuesday plans to increase spending in Greenland, committing 1.6 billion Danish crown ($ 253 million) for health care and infrastructure investment between 2026 and 2029, as international interest in the Arctic island is intensifying. US President Donald Trump said he wants to take control of Greenland, a semi -autonomous territory in the Kingdom of Denmark. The strategically placed island is rich in oil, gas and many minerals needed for high -tech industries. Denmark, which maintains Greenland’s security and foreign affairs control, has responded with increased investments to improve tense relationships with 57,000 residents of the territory. Reading:
Listen to the article Islamabad: Federal Minister of Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced a significant 50% decrease in Port Ports in the port of Karachi, with the aim of reducing the carbon footprint of commercial logging and promoting sustainable development. In a statement on Saturday, the minister announced the initiative as part of a wider strategy to degrade the maritime sector and improving energy efficiency in port businesses. “By reducing operating costs and rationalizing logistics, we are not only enhanced by competitiveness of commerce but also contributing to climate durability,” he said. Recently imported reforms include a
June 29, 2025
Listen to the article Businesses in the largest port of Bangladesh resigned Sunday as a strike by customs officials brought shipping activity. Closing at Chittagong port is part of a continuing conflict between tax authorities and government officials, which is trying to revise the body. “The port usually handles about 7,000 to 8,000 containers daily … but this morning there has been no traffic on unloading or boarding the goods,” said Mohammed Omar Faruq, secretary of the Chittagong Port Authority. “This has a huge impact on the country’s financial situation,” he told AFP. Bangladesh is the second largest clothing manufacturer
A Pakistani Navy stands a guard near a ship at the port of Gwadar. – AFP/file The Chinese enterprise controls port businesses. Port entities set 9-15% in the GPA. Cm bugti to raise the issue with Islamabad. The GWADAR Port Authority (GPA) officially informed the Backed Government that the province is not receiving any stock from the Gwadar port, despite the strategic and economic importance of the port in the area. According to a letter sent by the GPA and presented at the Bomish Assembly, the operational control of the Gwadar port lies in the Chinese portfolio company abroad. The
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October 26, 2026
The Pakistan Daily
October 26, 2026
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