logo
Gwadar International Airport: Pioneering a new era of trade and connectivity

Gwadar International Airport: Pioneering a new era of trade and connectivity

Khaleej Times24-03-2025

The strategic evolution of Gwadar has long been a subject of geopolitical and economic significance. With its deep-sea port positioned at the crossroads of major global trade routes, the city has been steadily transforming into a linchpin of regional commerce. Now, with the operationalisation of the New Gwadar International Airport (NGIAP) on January 20, 2025, this transformation has reached a pivotal moment.
A flagship project under the China-Pakistan Economic Corridor (CPEC), NGIAP is more than an infrastructure milestone - it is a statement of intent. Designed to integrate Gwadar into the global aviation network, the airport's impact is expected to ripple across multiple sectors, from trade and logistics to tourism and investment.
According to Saif Ullah, Additional Director of Public Relations at the Pakistan Airports Authority (PAA), NGIAP is set to redefine regional connectivity. 'This airport is not just about passenger traffic - it is a strategic gateway that will enhance economic mobility, attract investment, and strengthen Pakistan's role in global commerce,' he explains.
Infrastructure Built for the Future
Spanning 4,300 acres, NGIAP is Pakistan's largest airport by land area and one of the most ambitious aviation projects undertaken in recent years. The terminal building, covering 15,000 square meters, is designed to handle 1.6 million passengers annually, with an initial capacity of 400,000 passengers per year.
Since its inauguration, the airport has already accommodated 22 international and 39 domestic flights, signalling a rapid integration into the aviation network. In the past month alone, private media reports indicate that 42 flights were operated, serving over 1,500 passengers - a strong indication of growing demand.
But NGIAP's significance extends far beyond commercial aviation. As a logistics and trade hub, its proximity to Gwadar Port, one of the deepest seaports in the world, positions it as a critical enabler of maritime and air trade linkages. 'The synergy between Gwadar Port and NGIAP will make this region a major node in global supply chains,' says Saif Ullah.
The airport's economic impact is already evident. Employment opportunities for the local population have surged, with skilled and unskilled laborers finding work across multiple sectors - airport operations, hospitality, and transport. Moreover, with increasing flight operations and a bustling atmosphere of passengers, businesspeople, and traders, NGIAP is fostering a climate of commercial optimism. 'The ripple effect of this airport will be felt in every sector - real estate, tourism, logistics, and retail,' Saif Ullah notes.
While NGIAP is already operational, further enhancements are on the horizon. Discussions are underway to expand cargo handling facilities, optimise air traffic operations, and attract international carriers to establish direct routes to key Middle Eastern, Central Asian, and Chinese destinations.
At Allama Iqbal International Airport (AIIAP) in Lahore, a transformative expansion is underway. With a completion target of September 2026, the project includes an additional 350,000 square feet of terminal space, an apron expansion with two new bays for large aircraft, upgraded access roads, and a new sewage treatment plant.
The expansion is set to increase AIIAP's passenger capacity to 12 million annually, ensuring that Lahore remains a critical gateway for international and domestic travelers. Importantly, flight operations will remain uninterrupted, as the new infrastructure is being constructed alongside the existing terminal before integration.
'This project is designed to accommodate growth for the next 20 years, ensuring Lahore remains a key hub in Pakistan's aviation sector,' explains Saif Ullah.
Islamabad International Airport is embracing cutting-edge Electronic Gates (e-Gates) to modernise Automated Border Control systems. This initiative, part of a broader technological overhaul at Karachi, Lahore, and Islamabad airports, is expected to be completed by January 2026.
'The introduction of e-Gates will streamline immigration procedures, reducing processing time, enhancing security, and improving the overall passenger experience,' Saif Ullah says. The move aligns Pakistan's aviation sector with global standards, ensuring seamless entry and exit for travelers, while also supporting business and tourism growth.
At Jinnah International Airport (JIAP) in Karachi, a Rs8.3 billion runway reconstruction project is in full swing. Launched on July 4, 2024, the project involves the complete reconstruction and extension of Runway 07L/25R, allowing it to accommodate ICAO Category 4F aircraft, including the Airbus A380.
The 18-month initiative, slated for completion by January 2026, includes:
Reconstruction of Taxiway Golf and construction of Taxiway Quebec
Installation of an advanced LED Category-I Airfield Lighting System
Integration of a centralised Airfield Lighting Control and Monitoring System (ALCMS)
'These upgrades will ensure safe and efficient flight operations for the next 25–30 years, significantly enhancing runway capacity and operational efficiency,' says Saif Ullah. The improvements will boost tourism, employment, and aviation revenues, reinforcing Karachi's status as Pakistan's most critical aviation hub.
The upgradation of Farooq Ahmed Khan Leghari Airport marks a significant milestone in Pakistan's regional aviation infrastructure. By expanding the runway, enhancing night operations, and improving overall airport facilities, this project will unlock new economic and travel opportunities for Dera Ghazi Khan and surrounding regions. The ability to accommodate larger aircraft such as the A320 will attract new airlines, improve connectivity for passengers, and stimulate trade and tourism. This initiative reflects Pakistan's commitment to modernising its aviation sector, ensuring that regional airports play a vital role in national economic growth and development.
As Pakistan undertakes an ambitious airport modernisation agenda, the developments at Gwadar, Lahore, Islamabad, and Karachi airports reflect a broader vision - one that prioritises connectivity, economic growth, and technological advancement. With Gwadar International Airport leading this transformation, the country's aviation sector is entering a new era - one defined by strategic infrastructure, enhanced operational efficiency, and an increasingly vital role in global trade and commerce.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Oil prices soften as markets assess US-China trade talks outcome
Oil prices soften as markets assess US-China trade talks outcome

Zawya

time17 minutes ago

  • Zawya

Oil prices soften as markets assess US-China trade talks outcome

Oil prices softened in Asian trade on Wednesday as markets assessed the outcome of U.S.-China trade talks, yet to be reviewed by President Donald Trump, with weak oil demand from China and OPEC+ production increases weighing on the market. Brent crude futures declined 19 cents, or 0.3%, to trade at $66.680 a barrel, while U.S. West Texas Intermediate crude fell 16 cents, or 0.3%, to $64.82 at 0318 GMT. U.S. and Chinese officials agreed on a framework to put their trade truce back on track and resolve China's export restrictions on rare earth minerals and magnets, U.S. Commerce Secretary Howard Lutnick said on Tuesday at the conclusion of two days of intense negotiations in London. "The current (price) corrections can be attributed to a mix of technical profit-taking and caution leading up to the US-China (official) announcement," said Phillip Nova, senior market analyst Priyanka Sachdeva. Trump will be briefed on the outcome before approving it, Lutnick added. "In terms of what it means for crude oil, I think it removes some downside risks, particularly to the Chinese economy and steadies the ship for the U.S. economy - both of which should be supportive for crude oil demand and the price," said Tony Sycamore, a market analyst for IG. Meanwhile, on the supply side, OPEC+ plans to increase oil production by 411,000 barrels per day for July as it looks to unwind production cuts for a fourth straight month, with some analysts not expecting regional demand to soak up these excess barrels. "Greater oil demand within OPEC+ economies – most notably Saudi Arabia – could offset additional supply from the group over the coming months and support oil prices," said Capital Economics' climate and commodities economist Hamad Hussain in a note. "However, given that any boost to demand will be seasonal, we still think that Brent crude prices will fall to $60pb by the end of this year." Later on Wednesday, markets will be focusing on the weekly U.S. oil inventories report from the Energy Information Administration, the statistical arm of the U.S. Department of Energy. Crude stocks fell by 370,000 barrels last week, according to market sources who cited American Petroleum Institute figures on Tuesday. Analysts polled by Reuters on Monday expected that U.S. crude oil stockpiles fell by 2 million barrels in the week to June 6, while distillate and gasoline inventories likely rose. (Reporting by Katya Golubkova in Tokyo; Editing by Sonali Paul)

Ethiopia Targets 8.9 % Growth as Budget Widens
Ethiopia Targets 8.9 % Growth as Budget Widens

Arabian Post

time7 hours ago

  • Arabian Post

Ethiopia Targets 8.9 % Growth as Budget Widens

Ethiopia's finance minister has announced that the economy is projected to expand by 8.9 % in the fiscal year beginning 8 July 2025, alongside a modest increase in the budget deficit amid structural reforms. Finance Minister Ahmed Shide addressed parliament on Tuesday, outlining the forecast for the next fiscal year, citing an acceleration in real GDP growth from an estimated 8.4 % this year to 8.9 % next year. The state budget deficit is expected to rise slightly to 2.2 % of GDP, compared to 2.1 % in the current year. Total government expenditure is projected at 1.9 trillion birr, equivalent to around US $14 billion. This positive outlook is deeply anchored in ongoing reforms backed by an International Monetary Fund programme. These include the liberalisation of the exchange rate, debt restructuring negotiations, and the establishment of the Ethiopian Securities Exchange, which opened in January after a 50‑year absence. ADVERTISEMENT The cabinet's approval of the new budget earlier this month signalled a strategic reallocation of resources, with spending set to increase by 31 % compared to the previous year's 971 billion birr. A significant portion is earmarked for national security, productivity enhancement, and disaster relief, including continued subsidies for fuel, fertiliser, oil and medicines—a move aimed at dampening inflationary pressure on households. Reforms and their impacts The IMF programme that began in July 2024 has been a linchpin in the reform agenda. In April, State Finance Minister Eyob Tekalign reported that the third review of the four‑year US $3.4 billion loan arrangement had reached staff‑level agreement, with approval by the IMF executive board anticipated this month. Subsequent draws will hinge on continued reform progress, notably debt restructuring. Debt, inflation and exchange rate liberalisation remain pressing concerns. A draft budget revealed that 463 billion birr—nearly 39 % of recurrent expenditure—will go towards debt servicing, surpassing planned capital outlays. The government intends to restructure approximately US $3.5 billion in external liabilities through agreements in upcoming weeks. Bondholder writedowns are expected as part of a broader debt resolution strategy. Monetary reforms have lessened inflation, which reached 29.2 % in 2022/23, and narrowed the spread between official and parallel exchange rates. Foreign reserves have rebounded, tripling to US $3.6 billion, easing foreign exchange shortages. These financial indicators have been central in IMF assessments. Policy makers are awaiting formal debt restructuring talks this summer with official and private creditors alike, guided by the G20 Common Framework. Iran‑timed agreements with Chinese policy banks, the U.S. International Development Finance Corporation and other funders are being explored to support infrastructure and development needs. Regional comparisons and strategic outlook Ethiopia remains one of sub‑Saharan Africa's highest growth economies, although still below the pre‑covid annual average of around 10 %. The country's trajectory continues to be shaped by recovery from the Tigray war, covid‑19 disruptions, droughts and locust invasions, but ongoing reforms are expected to unlock further expansion. The imminent fiscal year budget, combining a steep rise in expenditure with a stabilising deficit, underscores a cautious but ambitious strategy: focusing on debt management, reform momentum and public service delivery, rather than unfettered spending. Key stakeholders, including opposition figures such as Desalegn Chane of the National Movement of Amhara, have voiced concern over rising tax burdens amid steady living costs and a depreciating birr. Criticism has targeted new levies on motor vehicles and excise taxes, with claims these conflict with subsidy policies. The finance minister, however, defended these as necessary for fiscal resilience and revenue expansion. Broader reform dynamics have been influenced by Prime Minister Abiy Ahmed's economic agenda, including the launch of Ethiopia's first stock market since the Haile Selassie era, currency liberalisation, and opening the banking sector to foreign investment. These steps have been deemed essential to securing up to US $27 billion in external funding from IMF, World Bank, UAE, China and others over the next four years. Looking ahead The projection of roughly 8.9 % GDP growth signals confidence that reforms are gaining traction, even as the government prepares to finance a wider budget and service rising debt. The success of the IMF programme's next review, debt restructuring outcomes, and reform implementation will determine whether Ethiopia can sustain its economic momentum and weather domestic and global headwinds.

Saudi crude oil supply to China to dip in July, sources say
Saudi crude oil supply to China to dip in July, sources say

Khaleej Times

time11 hours ago

  • Khaleej Times

Saudi crude oil supply to China to dip in July, sources say

Saudi Arabia's crude oil supply to China is set to dip slightly in July, trade sources said on Tuesday, but still strong for a third straight month as the OPEC leader regains its market share supplying the world's top crude importer. State oil firm Saudi Aramco will ship about 47 million barrels to China in July, a tally of allocations to Chinese refiners showed, 1 million barrels less than June's allotted volume. State refiners Sinopec, PetroChina and Aramco's joint venture Fujian refinery will be receiving more crude in July, while the allocation for independent refiners Rongsheng Petrochemical, Hengli Petrochemical and Shenghong Petrochemical will dip, the sources said. Saudi Aramco did not immediately respond to a request for comment. The robust Saudi supply comes after the Organization of the Petroleum Exporting Countries and their allies, known as OPEC+, agreed to hike output in July by 411,000 barrels per day for a third consecutive month. Since April, the OPEC+ eight have now made or announced increases totalling 1.37 million bpd, or 62% of the 2.2 million bpd they aim to add back to the market.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store