Gwadar Port receives 400,000 MT of wheat so far

News Image

MG News | April 18, 2023 at 02:58 PM GMT+05:00

April 18, 2023 (MLN): Eight vessels carrying 400,000 Metric Ton (MT) of wheat from different countries have so far anchored at the Gwadar seaport in line with the special directives of Prime Minister Muhammad Shehbaz Sharif to operationalize the newly-built facility, starting from March 3, 2023, according to the press statement issued by the Ministry of Planning, Development, and Special Initiatives.
    
Under this initiative, the government would import an overall 450,000 MT of wheat which is scheduled to complete on April 26 with the arrival of the last shipment of 50,000 MT of wheat, the statement added. 

“The last consecutive vessel MV Advance will call at Gwadar port on 26th April 2023,” it said, adding “Import of wheat through Gwadar has marked the beginning of a new era of business, trade, and commercial activities at Gwadar Port.”

People of Balochistan especially Gwadar and Makran would be among the main beneficiaries of the increased business activities at the Gwadar port.

All the contractors, workforce, customs clearing agents, shipping agents, labor contractors, food suppliers, etc. engaged in the operation of Gwadar port relating to imports by TCP (Trading Corporation of Pakistan) are 100% from the local population, it noted. 

Copyright Mettis Link News 

Related News

Name Price/Vol %Chg/NChg
KSE100 173,962.82
313.69M
1.30%
2237.52
ALLSHR 104,178.62
550.40M
0.93%
964.13
KSE30 52,166.33
164.58M
1.26%
649.19
KMI30 250,496.48
141.11M
1.59%
3930.77
KMIALLSHR 67,844.06
318.73M
1.20%
801.29
BKTi 47,430.11
44.68M
0.28%
130.40
OGTi 36,386.96
9.01M
0.13%
45.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 74,260.00 74,260.00
73,715.00
545.00
0.74%
BRENT CRUDE 91.89 92.95
89.93
-0.81
-0.87%
RICHARDS BAY COAL MONTHLY 117.00 0.00
0.00
-0.75
-0.64%
ROTTERDAM COAL MONTHLY 130.25 131.75
130.00
-0.20
-0.15%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 87.76 89.02
86.35
-1.14
-1.28%
SUGAR #11 WORLD 14.07 14.35
13.90
0.14
1.01%

Chart of the Day


Latest News
May 30, 2026 at 04:31 PM GMT+05:00

Weekly Market Roundup


May 29, 2026 at 09:44 PM GMT+05:00

SBP reserves rise $66m to $17.15bn


May 29, 2026 at 08:19 PM GMT+05:00

Petrol, HSD prices drop Rs22 per litre


May 29, 2026 at 07:19 PM GMT+05:00

Sindh, World Bank review Karachi water network



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg