Gwadar Airport inauguration delayed once again: Here's the new deadline

09:16 PM | 17 Sep, 2023
Gwadar Airport inauguration delayed once again: Here's the new deadline

QUETTA - The opening of the new Gwadar International Airport has been delayed for one more time due to multiple reasons, it emerged on Saturday.

The airport is being established by China under the China-Pakistan Economic Corridor and has been under the watch of policymakers and the business community due to its potential.

In this regard, the Director General of the Civil Aviation Authority Khaqan Murtaza confirmed that the new Gwadar Airport was supposed to be inaugurated this month, but it was delayed over technical grounds.

The official said that there was a delay in the arrival of airport and technical equipment from China to Pakistan, Daily Jang reported.

Murtaza explained that the pending goods coming to Gwadar from China by sea are expected to arrive this month.

As far as the new opening date is concerned, Khaqan Murtaza said Chinese authorities have given March 2024 for the inauguration of the airport; however, he said there may be further delays in completing the arrangements for making the new Gwadar airport operational.

The new Gwadar International Airport is an important step forward for the China-Pakistan Economic Corridor (CPEC). It shows how China and Pakistan are working jointly to improve infrastructure and boost the economy in the region by setting up a network of communication to cement the ties.

With a cost of $230 million project, the project was launched in 2019 and is fully funded by the Chinese government; the facility is located 26km east of Gwadar city.

Interestingly, the airport will be the second-largest airport in Pakistan boasting an area of 18 square kilometres. The groundbreaking ceremony of the airport took place on March 29, 2019, and Aviation Division is overseeing the project while the Pakistan Civil Aviation Authority has completed the safety check of the airport.

As per the China-Pakistan Economic Corridor website, the project's completion deadline was March 2023.

The construction of Gwadar Airport is an important aspect of the multi-billion-dollar China-Pakistan Economic Corridor project. Besides a network of roads, the airport would allow investors as well as tourists to land in the beautiful city and enjoy the serene atmosphere besides looking for business opportunities. 

Web Desk
Web Desk

Daily Pakistan Global Web Desk


Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on October 4, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on October 4, 2023 (Wednesday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 283.5 286.45
Euro EUR 302 305
UK Pound Sterling GBP 351.5 355
U.A.E Dirham AED 78.7 79.5
Saudi Riyal SAR 75.45 76.2
Australian Dollar AUD 180.2 182
Bahrain Dinar BHD 766 774
Canadian Dollar CAD 210 212
China Yuan CNY 39.62 40.02
Danish Krone DKK 40.55 40.95
Hong Kong Dollar HKD 36.74 37.09
Indian Rupee INR 3.46 3.57
Japanese Yen JPY 1.63 1.71
Kuwaiti Dinar KWD 931.36 940.36
Malaysian Ringgit MYR 61.27 61.87
New Zealand Dollar NZD 171.55 173.55
Norwegians Krone NOK 26.92 27.22
Omani Riyal OMR 748.35 756.35
Qatari Riyal ‎QAR 79.03 79.73
Singapore Dollar SGD 206 208
Swedish Korona SEK 26.34 26.64
Swiss Franc CHF 313.85 316.35
Thai Bhat THB 7.79 7.94

Gold Rate in Pakistan Today – October 4, 2023

Today Gold Rate in Pakistan

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 201,100 on Wednesday.

The price of 10 grams of 24k gold was recorded at Rs 172,410.

Likewise, 10 grams of 22k gold were being traded for Rs168,730 while a single tola of 22-karat gold was being sold at Rs196,807.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

Today Gold Price in Pakistan - 4 October 2023

City Gold Silver
Lahore PKR 201,100 PKR 2,300
Karachi PKR 201,100 PKR 2,300
Islamabad PKR 201,100 PKR 2,300
Peshawar PKR 201,100 PKR 2,300
Quetta PKR 201,100 PKR 2,300
Sialkot PKR 201,100 PKR 2,300
Attock PKR 201,100 PKR 2,300
Gujranwala PKR 201,100 PKR 2,300
Jehlum PKR 201,100 PKR 2,300
Multan PKR 201,100 PKR 2,300
Bahawalpur PKR 201,100 PKR 2,300
Gujrat PKR 201,100 PKR 2,300
Nawabshah PKR 201,100 PKR 2,300
Chakwal PKR 201,100 PKR 2,300
Hyderabad PKR 201,100 PKR 2,300
Nowshehra PKR 201,100 PKR 2,300
Sargodha PKR 201,100 PKR 2,300
Faisalabad PKR 201,100 PKR 2,300
Mirpur PKR 201,100 PKR 2,300


Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter