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اردو

Feb 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Pakistan

First passenger flight lands at New Gwadar International Airport

BR Web Desk Published January 20, 2025

The first commercial aircraft arrived on Monday at the New Gwadar International Airport.

A Pakistan International Airlines (PIA) flight PK-503 from Karachi landed at the largest airport of the country by area.

Passengers including high-ranking officials from the aviation division were also onboard the inaugural flight.

New Gwadar airport: PM looks forward to prosperity

Defence and Aviation Minister Khawaja Asif was present at the ceremony to welcome the passengers at the new airport.

The airport, a flagship project under the China-Pakistan Economic Corridor (CPEC), represents an investment of USD 246 million and built with Chinese assistance.

The facility boasts modern amenities, including a world-class terminal building and a runway designed to accommodate large aircraft.

Moreover, officials of Air Security Force (ASF) confirmed the deployment of around 400 security personnel at the airport.

PIA gwadar port New Gwadar International Airport

Comments

Re=== Jan 20, 2025 07:45pm

Brand new airport just for 4 flights. 3 to Karachi and 1 to Muscat. The old airport was 70% underutilized. The new one designed to land A380 will be 90% underutilized. This airport was not needed!!

Recommended (0) Reply

Az_Iz Jan 20, 2025 09:34pm

This airport can be a hub,between many destinations,like Pakistani and GCC cities,China and Africa, SE Asia,Australia and EU.For passengers and Cargo.

Recommended (0) Reply

Az_Iz Jan 20, 2025 11:13pm

@Re===, it is just the beginning. Besides, it was built with grant from China.

Recommended (0) Reply

Re=== Jan 21, 2025 02:12am

@Az_Iz , While it can be a hub it wont as there's no leadership in Pakistan to ensure that. what you wrote about airport was written about Gwadar port 10 years ago. Not a single foreign ship birthed

Recommended (0) Reply

Re=== Jan 21, 2025 02:15am

@Az_Iz , Brother nothing is free in the world. The interest and inflated project cost Pakistan paid for no bid exclusively china only CPEC projects is so high, that China happy to build airport free.

Recommended (0) Reply

zh Jan 21, 2025 03:11am

@Az_Iz , Gwadar cannot be a hub. It lacks population in around the city.

Recommended (0) Reply

Forex
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Currency	Rate
USD PKR Interbank Selling / Feb 10	279.25
USD PKR Interbank Buying / Feb 10	279
USD to Japanese Yen / Feb 10	151.85
USD to Swiss Franc / Feb 10	0.91
Pound Sterling to USD / Feb 10	1.24
Euro to USD / Feb 10	1.03
UK LIBOR % / Feb 7	4.96

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Nasdaq / Feb 7	19,523.40
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France CAC40 / Feb 10	7,984.21

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 7	18,285
Gold 10 Grams PKR / Feb 7	257,241
Crude Oil USD/Barrel / Feb 10	71.45
Gold Spot USD/Ounce / Feb 10	2,882.33
Cotton US¢/pound / Feb 10	66.02
Petrol/Litre / Feb 11	257.13
Diesel/Litre / Feb 11	267.95

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Punjab Mod / Feb 10 First Punjab Modaraba(FPJM)	3.15 ▲ 0.56 (21.62%)
Chakwal Spinning / Feb 10 Chakwal Spinning Mills Limited(CWSM)	56.27 ▲ 5.12 (10.01%)
Citi Pharma Ltd / Feb 10 Citi Pharma Ltd.(CPHL)	101.59 ▲ 9.24 (10.01%)
Gammon Pak / Feb 10 Gammon Pakistan Limited(GAMON)	40.11 ▲ 3.65 (10.01%)
MCB Invest. Managmt. / Feb 10 MCB Investment Management Limited(MCBIM)	83.46 ▲ 7.59 (10%)
Otsuka Pakistan / Feb 10 Otsuka Pakistan Limited(OTSU)	190.98 ▲ 17.36 (10%)
Pak Synthetics / Feb 10 Pakistan Synthetics Limited(PSYL)	44 ▲ 4 (10%)
Biafo Ind. / Feb 10 Biafo Industries Limited(BIFO)	198.50 ▲ 18.05 (10%)
Attock Refinery / Feb 10 Attock Refinery Limited(ATRL)	625.50 ▲ 56.86 (10%)
Ghandhara Ind. / Feb 10 Ghandhara Industries Limited(GHNI)	636.70 ▲ 57.88 (10%)

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B. F. Mod. / Feb 10 B.F. Modaraba(BFMOD)	6.50 ▼ -0.88 (-11.92%)
TPL Trakker Ltd / Feb 10 TPL Trakker Limited(TPLT)	7.09 ▼ -0.93 (-11.6%)
Dewan Textile / Feb 10 Dewan Textile Mills Limited(DWTM)	6.65 ▼ -0.76 (-10.26%)
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Saritow Spinning / Feb 10 Saritow Spinning Mills Limited(SSML)	17.82 ▼ -1.98 (-10%)
Sanghar Sugar / Feb 10 Sanghar Sugar Mills Limited(SANSM)	40.04 ▼ -4.45 (-10%)
Shabbir Tiles / Feb 10 Shabbir Tiles & Ceramics Limited(STCL)	14.85 ▼ -1.65 (-10%)
Redco Textile / Feb 10 Redco Textiles Limited(REDCO)	20.82 ▼ -2.31 (-9.99%)
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Premier Insurance / Feb 10 Premier Insurance Limited(PINL)	5.36 ▼ -0.53 (-9%)

Stock	Volume
B.O.Punjab / Feb 10 The Bank of Punjab(BOP)	55,627,778 ▲ 0.65
WorldCall Telecom / Feb 10 Worldcall Telecom Limited(WTL)	34,088,869 ▲ 0.03
Cnergyico PK / Feb 10 Cnergyico PK Limited(CNERGY)	31,217,231 ▲ 0.25
Silk Bank Ltd / Feb 10 Silkbank Limited(SILK)	22,233,978 ▲ 0.01
Pak Refinery / Feb 10 Pakistan Refinery Limited(PRL)	20,602,894 ▲ 2.1
Citi Pharma Ltd / Feb 10 Citi Pharma Ltd.(CPHL)	19,892,829 ▲ 9.24
K-Electric Ltd. / Feb 10 K-Electric Limited(KEL)	18,737,304 ▲ 0.16
National Bank / Feb 10 National Bank of Pakistan(NBP)	12,698,760 ▲ 4.31
Pak Elektron / Feb 10 Pak Elektron Limited(PAEL)	10,202,806 ▲ 2.05
Sui South Gas / Feb 10 Sui Southern Gas Company Limited(SSGC)	9,710,731 ▼ -0.04