Pakistan approves massive tax exemptions for Gwadar port operators

[Laozi]

Whatever it is .. What's your issue ?
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india mein paya jata hai..

The issue is if Pakistan is getting Chinese Investments then it is good for your economy but if it is in form of high rate Loans then it may become a huge liability for next generation of Pakistan.

 

[salarsikander]

The issue is if Pakistan is getting Chinese Investments then it is good for your economy but if it is in form of high rate Loans then it may become a huge liability for next generation of Pakistan.

Oh dear we are so much touch and moved by your concern :')

 

[-blitzkrieg-]

The Iran port deal is still pipe dream. Gwadar has the advantage of being ahead in the race substantially.

And you are an Indian troll to lit fire here again. We wish well for Chahbahar, and both will be interconnected in future.
Though Pakistan might have felt left out in the recent Iran-Afghan-India pact, its inevitable for Iran and Afghanistan to use Gwadar as well as Chahbahar at the same time in the long run (wont be the case for Indian cargo) and this would be dictated by the volume of trade and the sense of high availability. All this with competition at the same time.

 

[EagleEyes]

Chabhar is actually motivating China and Pakistan to do better and faster.

Once people will have jobs and money, no point in risking lives for India.

 

[Max Pain]

Since there will be no tax in these zones companies can set up manufacturing plants here and that will generate jobs for the populous and also pakistani labour is cheap so chinese can avail that

 

[Kaniska]

CPEC is mainly aimed at Chinese-African trade, Chinese-Middle east trade.
BTW the anti-Iranian middle east countries will never use chabahar.(MOST OF THE MIDDLE EAST)

Saudi Arabia wants CPEC’s extension to Red Sea, Africa

ISLAMABAD: Saudi Arabian Minister for Economic Planning Engineer Adil Al Faqih on Monday said that his country was keen to work with Pakistan and China and desired that the mega project of China Pakistan Economic Corridor (CPEC) should be extended to the Red Sea and Africa.

He was talking to Minister for Planning Development and Reform Ahsan Iqbal in Riyadh, said a message received here from Saudi Arabia. The two sides discussed economic cooperation between the two countries.

Ahsan Iqbal apprised the Saudi minister of Pakistan’s recent economic progress on the CPEC and shared Vision 2025 experience. Engineer Faqih said Saudi Arabia was launching its Vision 2030 and expressed the desire to promote cooperation between the ministries of economic planning of the two countries.

I do not know...but some how, i have a feeling that Chabar is not going to work out for India....

 

[Imad.Khan]

So if there is no tax, how will Pakistan make any money out of all the trade that is going happen through CPEC

 

[The Sandman]

Since there will be no tax in these zones companies can set up manufacturing plants here and that will generate jobs for the populous and also pakistani labour is cheap so chinese can avail that

hmm so it can be a good place for Auto manufacturers too right?

 

[Max Pain]

hmm so it can be a good place for Auto manufacturers too right?

Yes and id love to see the likes of BYD produce cars here however i think most of the companies here will be related to logistics

 

[Spy Master]

Gwadar Port is a game changer for Pakistan's economy which is being the focal point of Pak-Chinese CPEC , while India is promoting Chabahar Port which will compete directly with Gwadar for doing business with many Middle Asian Countries.

Since Pakistan is actively promoting the Special Economic Zone in Gwadar and giving multiple tax incentives for investing in that Zone therefore it is natural for Indians to expect Iran to dole out at least some concessions for Chabahar to make it attractive for foreign investors.

There is no match between China and India...So stop this BS...!

 

[Jungibaaz]

Mark my words, you haven't seen the last of the CPEC investments yet, China will add yet more billions into this in the coming decade. The Chinese, thanks to their export driven economy are sitting on a massive pile of capital, just looking for places to invest it, with a FTA with Pakistan, the promise of better trade through CPEC, and already a massive investment portfolio to instil confidence and lesser risk... investments from China will continue in the coming years.

The game plan is simple, we give China the chance to invest their overflowing capital, and establish trade routes for them to make their existing trade more efficient and to create more trade possibilities, in turn their trade is strengthened, they accumulate even more capital, and that in turn they'll invest again.

Pakistan must use this time, here and now to develop industry and a skilled workforce, don't let this time go to waste, it's no good having a country solely reliant on consumption, and net inflows of investment and running current account deficits.

Both China and Pakistan need to be careful too, this sort of patten of free trade between lower income and higher income economies has been seen before, specifically in the Eurozone, with Germany and Greece as an example. We have to be careful about how we make use of these investments and loans. With these brilliant projects, I also foresee Pakistani people accumulating a lot of private debt in rapid succession in the near future. We have to be careful with how these things work.

And as for Chabahar, and Iran-India deals, they're of no concern to us, nor are they in competition with our portfolio of projects with China. Our goal is to bolster China's trade with the rest of the world, the Middle East, via us. And even if it was competitive (which it isn't..), neither the Iranians or the Indians have the capital or the power to compete with the level of investment the Chinese have, it's just a fact, not even a fraction of Chinese investments can they match should China wish to put their all in to CPEC. Again, India and Iran are not relevant here, Pakistan and China are only.

 

[ziaulislam]

Gwadar Port is a game changer for Pakistan's economy which is being the focal point of Pak-Chinese CPEC , while India is promoting Chabahar Port which will compete directly with Gwadar for doing business with many Middle Asian Countries.

Since Pakistan is actively promoting the Special Economic Zone in Gwadar and giving multiple tax incentives for investing in that Zone therefore it is natural for Indians to expect Iran to dole out at least some concessions for Chabahar to make it attractive for foreign investors.

issues with chabahar are:
sanctions
connectivity disadvantage
geographical Disadvanatge
funding?
not a deep port to begin with

 

[AZADPAKISTAN2009]

Please do not derail thread on Gawadar thank you comment to folks talking about OTHER ports

 

[New Resolve]

The right environment is being provided for Gwader to boom, with industries moving there the city will grow rapidly in a few years.

 

[Zain Malik]

Indians actually themselves don't know what Benefit will Chahbahar give them.....Or it is for them or not...