Govt Ready to Make Gwadar Duty Free on Business
- 12, June , 2023
Newstoday: Amidst the buzz surrounding Pakistan's recently unveiled budget, a momentous announcement is set to be made in the district of Gwadar in Balochistan - a declaration of exemption from duties. Honorable Prime Minister Shehbaz Sharif is anticipated to grace Gwadar with his presence and bestow upon it the grandeur of being duty-free. This visit will also witness the inauguration of numerous projects in the region, marking a significant milestone for Gwadar's progress. Gwadar's strategic significance in the region cannot be overstated as it is poised to become a fertile ground for investment in South Asia.
The decision made by the cabinet to grant exemption from duties in Gwadar district has been met with warm welcome by Senator Kauda Babar, the district's representative. He expressed his appreciation towards the esteemed Balochistan Chief Minister Abdul Qudoos Bizenjo and the cabinet for their efforts in making this happen. Additionally, he has appealed to the federal government for further relief in federal taxes. This exemption marks a significant milestone for the region's progress, as Gwadar's strategic significance in the area makes it a prime location for investment in South Asia.