#Gwadar International Airport News

[rightnewshindi]

ग्वादर अंतरराष्ट्रीय हवाई अड्डे को शान बता रहे पाकिस्तान की चीन ने की बेइज्जती, कहा, यह खैरात है; जानें पूरा मामला

#BreakingNews ग्वादर अंतरराष्ट्रीय हवाई अड्डे को शान बता रहे पाकिस्तान की चीन ने की बेइज्जती, कहा, यह खैरात है; जानें पूरा मामला

Pakistan News: चीन की तरफ से पाकिस्तान को दिए गए नए ग्वादर अंतरराष्ट्रीय हवाई अड्डे पर उड़ानें शुरू हो गई हैं। एक ओर जहां पाकिस्तान इसे ‘चीन के साथ दोस्ती’ करार दे रहा है। वहीं, बीजिंग ने इसे महज ‘दान’ बताया है। फिलहाल, जेल में बंद पाकिस्तान के पूर्व प्रधानमंत्री इमरान खान ने मार्च 2019 में इस एयरपोर्ट की आधारशिला रखी थी। जबकि, मौजूदा पीएम शहबाज शरीफ ने अक्तूबर 2024 में उद्घाटन किया। चीन की…

[biographyit]

International flights begin from Gwadar airport

PIA flight PK-503 lands at New Gwadar International Airport on January 20, 2025. — Screengrab via Geo News PIA’s PK-197 marks milestone for Gwadar airport’s operations. PIA to operate weekly flight from Gwadar to Muscat. Same aircraft will return to Gwadar later in the afternoon. KARACHI: International flight operations have officially commenced from the New Gwadar International Airport, with…

[bhaskarlive]

Pakistan: New Gwadar International Airport to start operations by end December

The New Gwadar International Airport is set to commence operations by the end of December, Acting Director General of the Pakistan Airports Authority (PAA), Air Vice Marshal Zeeshan Saeed, said.

Source: bhaskarlive.in

[odnewsin]

Pakistan’s New Gwadar Airport to start operations by end December

Islamabad: The New Gwadar International Airport is set to commence operations by the end of December, Acting Director General of the Pakistan Airports Authority (PAA), Air Vice Marshal Zeeshan Saeed, said. During his visit to the airport, the officer was briefed about the airport’s cutting-edge features and the promising business and investment opportunities it is expected to generate in the…

[zendoe]

The narrative frequently expressed in the Western press that the PRC is perpetrating “debt-trap diplomacy” is one of the more pernicious falsehoods surrounding Chinese investment abroad. In essence, the PRC is seen as a duplicitous moneylender, providing loans to poor countries that they cannot afford, ostensibly to aid in their development, but actually for its own gain. When the victim country must default on the loans, Chinese banks would be ready to seize what they truly wanted—the land, precious minerals, or infrastructure—in recompense. In other words, it is the idea that Chinese finance operates in exactly the manner of Western finance, whose role in maintaining underdevelopment and exploitation was thoroughly examined in Chapter Two.

It has already been shown that the motivations behind Western and Chinese finance differ fundamentally. This chapter will further show that over the entirety of the PRC’s dealings with the periphery, the “debt trap” narrative has struggled to establish even a single point of contact with reality. Yet an investigation into the operation of Chinese finance will nevertheless suggest that there is a hidden agenda behind it—one that will go a long way toward demystifying the poor financial performance discovered earlier in this chapter; and one that is concealed not from its clients but from its Western competitors.

The PRC is not only a terrible investor [(explained in previous section, meaning "terrible" at creating the kind of exploitative foreign investment schemes that the West engages in)]; it is also a poor debt collector, and an utter failure as a repo man. “China does not always collect its debts on time,” admitted a headline in the Economist in 2022, citing a study by World Bank economists. In 2019, when due to its declining oil output Venezuela fell behind on its oil-for-loans commitment to the PRC, rather than seizing Venezuelan assets or demanding painful economic restructuring, the Chinese side instead restructured the agreement, postponing Venezuela’s obligations by two years and in the meantime buying Venezuelan oil for cash. In 2015, the Chinese side agreed to concessionary interest rates (1.6% or less) for infrastructure loans to Pakistan, offered another loan at a 0% interest rate, and converted a $230 million loan for the construction of the new Gwadar International Airport into a grant. In 2006, one of China Eximbank’s first concessional loans—to fund the Sino-Zimbabwe Cement Plant in Gweru District as a joint venture between a Chinese and a state-owned Zimbabwean corporation—was restructured, lowering the interest rate to 2%. Professor Deborah Brautigam of Johns Hopkins University, one of the leading scholars of Chinese foreign development policy, identified this as a pattern in Chinese finance even during the 2000s. During the 2010s, the repayment schedules of several billion dollars’ worth of loans from Chinese financial institutions to Chad, Mozambique, Ethiopia, the Republic of the Congo, and several other African countries were extended, often with reduction of interest rates. In 2016, China Development Bank’s commercial loans to Angola totaling $7.5 billion were refinanced. According to a paper co-authored by Brautigam and two of her peers in 2020, though more than 30 Chinese banks and companies had provided credit to African governments and loan renegotiations were generally conducted on a case-by-case basis, there was a notable trend “toward real net present value (NPV) reductions, mainly through lower interest rates, longer grace periods, and substantially longer repayment periods.”

Why the World Needs China by Kyle Ferrana

[rising-gwadar]

Say MashaAllah! 😍🤩😍

First Look New Gwadar International Airport

#pakistan #Gwadar #CPEC #PakChinaFriendship #PakistanZindabad #airport #viralreels

[shahananasrin-blog]

[ad_1] KARACHI: The opening of the new Gwadar International Airport built by China under the China-Pakistan Economic Corridor has been delayed by another 6 months. Civil Aviation Authority Director General Khaqan Murtaza, in a special conversation with “Jang”, said that the new Gwadar Airport was supposed to be inaugurated this month, but it was delayed over technical grounds. He said that there was a delay in the arrival of airport and technical equipment from China to Pakistan.The goods coming to Gwadar from China by sea are expected to arrive this month. According to Khaqan Murtaza, Chinese authorities have giving March 2024 for the inauguration of the airport. There may be further delays in completing the arrangements for making the new Gwadar airport operational. The new Gwadar Airport is located 26 km north-east of the existing Gwadar airport and 3,000 acres of land was given for it by the government of Pakistan. Like the new Islamabad Airport, Gwadar Airport is the second greenfield airport of Pakistan. [ad_2]

[localadspk]

New Gwadar International Airport Project Consultant Jobs https://ift.tt/6Pt5vnC

[homestolive]

Gwadar International Airport: A World-class Destination Really Taking Shape

The arising port city of Gwadar in Balochistan has transformed into a hotbed for land and structure headways lately. It is a fundamental piece of the China Belt Road Initiative, secretly known as the China-Pakistan Economic Corridor (CPEC). Projects like Marine Drive and Gwadar Cricket Stadium have extraordinarily added to the overall worth of the city, raising the costs of offices when contrasted with the House for sale in Rawalpindi.

In a bid to make Gwadar the greatest and most favorable streamlined trade zone in the area, a breathtaking scale worldwide air terminal undertaking is similarly being chipped away at by the trained professionals. The workplace has been imagined with the top level components to work with adjacent voyagers and overall adventurers, inspiring the meaning of the port city as an overall goal.

Latest Updates On Gwadar International Airport

Indisputably the primary arrangement and work plan for the Gwadar International Airport were introduced in 2017. In any case, it wasn't until March 2019 that the foundation of the assignment was laid with a high-profile memorable capacity went to by Prime Minister Imran Khan. Improvement work on the undertaking in like manner began in October 2019.

As indicated by another declaration made by the Secretary of Aviation Division Hassan Nasir Jamy, the headway work on the Gwadar air terminal is advancing at an agreeable speed, and the undertaking will be finished and utilitarian by the passed on cutoff time for instance September 2023. The undertaking will similarly bring various new business openings for nearby individuals. The Shop for sale in Rawalpindi is additionally an interesting issue nowadays.

Space Of Gwadar International Airport

The Gwadar air terminal participates in an inside and out related region. It is purposely connected with the Makran Coastal street through the course of Airport Road and Sabzi Mandi Road. The workplace is also beneficially open by Jinnah Avenue, which further associates it to the port and other key spaces of the city.

Expected Features Of Gwadar International Airport

The uber adventure of the forthcoming Gwadar air terminal is being made at a goliath scale, greater than essentially the wide scope of different worldwide and local air terminals in the space of Balochistan.

Like Jinnah International Airport, Allama Iqbal International Airport, and other relative offices the country over, Gwadar International Airport will moreover offer kinds of help to transporters and explorers from wherever on the planet including individuals with Offices for Sale in Rawalpindi.

To give overall explorers a beneficial and pleasurable experience, the air terminal is depended upon to be outfitted with the accompanying components:

Incredible passage with different entrances and security walkthroughs

Colossal chambers, open ways, and halls

Totally cooled inside

Astoundingly Secured office with Round-the-clock CCTV surveillance

Totally ready to keep it together locale for explorers with free Wifi administrations

Work environments of movement administrations, transporter associations, and concerned subject matter experts

Keeping in view the typical market designs in Pakistan, whenever a worldwide air terminal is made in a city, it distinctly impacts its property assessment. The very same thing has been expected by virtue of Gwadar.

The land costs in the port city are depended upon to notice a basic increase once the air terminal is finished and ends up being totally pragmatic. Financial sponsor have successfully started to take advantage of it very much like House for rent in Rawalpindi or some other large city.

Put Resources Into Canadian City Gwadar To Enjoy Profitable Investment Outcomes

Subsequently, assuming you are moreover searching for an opportunity to jump on the advantageous property market of Gwadar, then, you should think about putting assets into Canadian City, Gwadar. Furnished with cutting-edge offices and a remunerating region, this GDA-upheld adventure is a sublime theory decision in the following enormous financial focus point of South Asia.

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[gwadargolfcity]

NEW GWADAR INTERNATIONAL AIRPORT TO BE THE BIGGEST AIRPORT OF SOUTH ASIA

When completed in late 2022, the New Gwadar International Airport (NGIA) will be the country’s largest airport and is projected to be the largest in South Asia.

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[estatelandnews]

By 2023, the new Gwadar International Airport will be operational. The new Gwadar International Airport, a $246 million greenfield project covering 4,300 acres, is scheduled to open in September 2023.

According to an official source, the project’s passenger terminal building will be completed by June 2023; it will complete work on air traffic control by March 2023, and the airport’s entire construction will be done by September 2023.

[estatelandblogs]

By 2023, the new Gwadar International Airport will be operational. The new Gwadar International Airport, a $246 million greenfield project covering 4,300 acres, is scheduled to open in September 2023.

According to an official source, the project’s passenger terminal building will be completed by June 2023; it will complete work on air traffic control by March 2023, and the airport’s entire construction will be done by September 2023.

[lahoreherald]

New Gwadar International Airport is scheduled to open in 2023

Gwadar airport update:

The new Gwadar International Airport is planned to open in 2023, following the completion of the $246 million Greenfield Airport, which is being built on 4,300 acres of land and will cost $246 million.

It is anticipated that the passenger terminal building will be completed by June 2023 and that work connected to air traffic control will be completed by March 2023, with the whole construction of the airport expected to be completed by September 2023, according to an official source.

The Civil Aviation Authority was in charge of the administration and operation of the new Gwadar International Airport. Pakistan, Oman, and China will form a joint venture to own and operate the airport. The airport will handle both domestic and international operations.

In order to enhance the airport, China is constructing the China-Pakistan Economic Corridor (CPEC), which is a cornerstone of the Chinese government’s One Belt One Road (OBOR) program.

When it opens in 2022, it will be Pakistan’s busiest airport and the country’s second airport capable of receiving A380 aircraft, making it the largest in the world. It was supposed to foster development on the Gwadar peninsula and increase trade between Pakistan and China. It was a success.

Read Also: Govt urges to fix wheat price Rs2,200 per 40kg

The airport would be operated in accordance with the open skies principle and developed under the supervision of the Civil Aviation Authority of the United Kingdom.

The construction of the new Gwadar International Airport began as an early harvest high-priority project under the China-Pakistan Economic Corridor (CPEC) program in 2014. In January 2015, the Executive Committee of the National Economic Council (Ecnec) gave its approval to the plan.

According to a grant agreement reached between China and Pakistan in May 2017, the project would be funded. Soil testing on the project site began in January 2018 and included the drilling of 300 boreholes in a variety of sites throughout the site.

The groundbreaking ceremony took place in March 2019, and the project is expected to be finished by 2022.

Published in Lahore Herald #lahoreherald #breakingnews #breaking

[newstfionline]

Pakistan may be the next victim of China’s new ‘imperialism’

By Ishaan Tharoor, Washington Post, August 10, 2018

It’s been barely more than two weeks since Imran Khan’s electoral victory in Pakistan, but the country’s next prime minister is already facing a geopolitical crisis. Pakistan’s current-account deficit is perilously high, its foreign-currency reserves perilously low. Its external debt has ballooned after accepting some $62 billion in Chinese financing, part of an ambitious regional infrastructure project that has yet to boost Pakistan’s economy. Khan’s first major act as prime minister may be asking the International Monetary Fund for a new bailout.

But that’s where the trouble begins. Critics at home lament Pakistan’s addiction to the fund--it has spent 22 of the past 30 years laboring under the terms of more than a dozen successive IMF bailouts. The austerity measures the IMF demands, they argue, have shackled growth and prevented Pakistan from making substantive reforms. Pakistan could instead turn to China for fresh loans, but that could make Islamabad even more beholden to Beijing than it already is.

In that regard, Pakistan is becoming the latest testing ground of a key plank in China’s global strategy. Its sweeping One Belt, One Road initiative--a vast $1 trillion infrastructure and development plan that has led to Chinese companies investing in bridges, airports, dams, railroads and other ventures in dozens of countries--is Beijing’s signature global project. But it has prompted accusations that it fuels corruption and autocratic behavior in vulnerable countries. From Malaysia to Colombia, the opacity surrounding Chinese-backed endeavors has led to allegations of graft, mismanagement and, in the case of at least one mega-dam project, possibly triggered a devastating landslide.

Moreover, the initiative has pushed some countries into a morass of debt. The starkest example so far has been Sri Lanka, whose government was unable to repay $6 billion in loans used to build an expensive Chinese-led port and airport project in Hambantota, a once-sleepy but strategically located backwater. As a result, Sri Lankan authorities ceded control of the port and some 15,000 acres of land around it to Beijing on a 99-year lease. The move led to accusations that China is engaging in a 21st century style of “creditor imperialism.”

At a Tuesday panel in Washington, Husain Haqqani, a former Pakistani ambassador to Washington, quipped that the Chinese-Pakistan Economic Corridor--the formal name for a complex $62 billion infrastructure-development plan--actually should be called “Colonizing Pakistan to Enrich China.”

Both Chinese and Pakistani officials argue that charges of “colonialism” are overblown. The two countries share a historic friendship, largely framed by their mutual antipathy toward India. In recent years, China has stepped up its involvement in various sectors of the Pakistani economy, from its nuclear-energy industry to the establishment of a host of special economic zones to a costly port project in the city of Gwadar on the Arabian Sea.

“Pakistan does need China’s help, as it faces a slew of economic challenges, including a backward industrial supply chain, weak foreign trade and a huge portion of its population still living in poverty and without proper education,” noted an editorial in China’s state-run Global Times, urging Beijing officials to “ignore the noise and step up its investment in Pakistan.”

Khan, meanwhile, is a fiery nationalist and economic populist. He has repeatedly gestured to the “China model” as something Pakistan should emulate. But it’s not yet clear what any of that means in practice, and the enthusiasm for his rhetoric may simply reflects widespread frustration with Pakistan’s systemic corruption and long-standing habit of turning to the IMF and accepting its diktats.

“The pattern is always the same,” wrote Nadeem Ul Haque, a former IMF official and former deputy chairman of the Pakistani government’s Planning Commission. “With the Fund’s blessing, the government goes on a shopping spree, taking out costly loans for expensive projects, thus building up even more debt and adding new inefficiencies. After a few years, another crisis ensues, and it is met by another IMF program.”

For Pakistan, caught between China’s ambition and Washington’s concern, there are few good choices.

“These are our two masters,” said Turab Hussain, an economics professor at the Lahore University of Management Sciences, told the New York Times. “How do you serve both?”

[ericvick]

Updated Boston news: Big News for Gwadar International Airport | Ready to Operation | Extension of Airport | CPEC

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[lakyariestate]

Gwadar CPEC Warehouse, Gwadar Commercial Zone inaugurated

Gwadar CPEC Warehouse, Gwadar Commercial Zone inaugurated

The Gwadar CPEC Warehouses (GCW) and ‘Gwadar Commercial Zone (GCZ) have been inaugurated with established cargo storage facilities and development of office buildings, hotels, markets etc at prime locations adjacent to the new Gwadar International Airport. The inauguration ceremony was attended by Director General (DG) Gwadar Development Authority (GDA) Shahzeb Khan Kakar, as well as investors,…