Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Gwadar plots only for those who mean business
10-24-2008, 12:47 PM
Post: #1
Gwadar plots only for those who mean business
ISLAMABAD (October 24 2008): Adviser to Prime Minister on Industries, Mian Manzoor Ahmad Wattoo on Thursday proposed constitution of an administrative body to oversee major projects being undertaken for development of infrastructure in Gwadar and adding that industrial plots should be allotted only to those who mean business.

The Ministry of Industries and Production has also proposed zero rating of sales tax on supply of construction materials to investors who are working at the Gwadar Export Processing Zone for development of infrastructure. The proposal was floated in the meeting of the committee constituted by the ECC on package of incentives for Gwadar Export Processing Zone under the Chairmanship of Manzoor Wattoo.

It was also proposed that provision of plots be made to investors on lease at reasonable rates which will be determined by authorities of EPZ in consultation with government of Balochistan depending on the size of investment.

The committee also proposed to give permission to industrialists for exporting upto 80 percent of their production from zone to tariff area of the country on payment of usual duties.

The committee proposed 20-year tax holiday for accelerated development of Gwadar Export Processing Zone. Exemption from stamp duty was also suggested for the purpose. The committee also recommended similar incentives to exporters in Gwadar as were available to projects in other parts of the country. The representative of Balochistan government, Ahmed Baksh Lahry said that all the policies regarding development of Gwadar project should be framed keeping in view the needs and desires of the local community.

http://www.brecorder.com/index.php?id=825415
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  OPF to arrange business conference for Overseas Pakistanis soon Salman 0 13,836 11-25-2013 01:26 PM
Last Post: Salman
  Baluchistan Assembly Meets in Gwadar; Business Activities Resume LRE 2 8,479 12-02-2011 01:02 PM
Last Post: LRE
  Pakistan-Indonesia Business Forum launched Lahore_Real_Estate 0 3,400 10-17-2011 03:21 PM
Last Post: Lahore_Real_Estate
  'Gwadar to play vital role for development': Director Gwadar Naveed Yaseen 1 6,898 09-25-2011 11:56 PM
Last Post: LRE
  Trade exhibitions promote int’l business in Pakistan Lahore_Real_Estate 0 3,749 06-18-2011 11:24 AM
Last Post: Lahore_Real_Estate
  Business walk at PU Lahore_Real_Estate 0 3,141 04-14-2011 11:35 AM
Last Post: Lahore_Real_Estate
  Australian business delegation visits PBIT Lahore_Real_Estate 0 3,669 12-23-2010 01:49 PM
Last Post: Lahore_Real_Estate
  Business & Investment conference in Dubai today Lahore_Real_Estate 0 7,038 12-13-2010 01:26 PM
Last Post: Lahore_Real_Estate
  All business activities back to routine after Eid holidays Lahore_Real_Estate 0 3,477 11-22-2010 04:14 PM
Last Post: Lahore_Real_Estate
  Business centres for women being set up Lahore_Real_Estate 0 3,464 11-16-2010 01:49 PM
Last Post: Lahore_Real_Estate
  Rental plants back in business Lahore_Real_Estate 0 3,779 08-26-2010 11:21 AM
Last Post: Lahore_Real_Estate
  Golden Chance For Business In The Mall Road Lahore_Real_Estate 0 3,815 07-26-2010 12:45 PM
Last Post: Lahore_Real_Estate
  Khosa for amending rules of business Lahore_Real_Estate 0 3,261 07-15-2010 12:53 PM
Last Post: Lahore_Real_Estate
  Business activities come to a halt Lahore_Real_Estate 0 3,241 07-03-2010 02:18 PM
Last Post: Lahore_Real_Estate
  "Business Train" between Lahore & Karachi Planned LRE 0 9,288 05-06-2010 10:15 AM
Last Post: LRE
  UK interested in Gwadar Port; Delegation Visit Gwadar LRE 2 9,270 04-27-2010 09:51 AM
Last Post: LRE
  Business banned after 9pm Lahore_Real_Estate 0 4,009 04-21-2010 11:20 AM
Last Post: Lahore_Real_Estate
  Barclays shifts business focus Lahore_Real_Estate 0 3,257 03-30-2010 12:50 PM
Last Post: Lahore_Real_Estate
  UAE Delegate Visits Gwadar: Plans to Invest in Gwadar LRE 1 8,063 03-24-2010 09:58 AM
Last Post: LRE
  Capital Business Avenue (DHAI ph2) LRE 1 6,103 02-27-2010 03:11 PM
Last Post: LRE

Forum Jump:


User(s) browsing this thread: 1 Guest(s)