Rs 1.1 billion allocated for Gwadar Int’l Airport

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ISLAMABAD: The government has allocated Rs 1100 million under Public Sector Development Programme (PSDP) for New Gwadar International Airport during the year 2011-12. According to details, the total estimated cost of the project is Rs 7675 million, which included Rs 1464 million of foreign loan. The total expenditure of the project up to June 2011 is Rs 485.032 million while throw forward amount as on July 1, 2011 is Rs 7189.968 million. Out of total allocation for the year 2011-12, Rs 220 million is foreign loan while Rs 880 million has been arranged from own resources. According to PSDP, a total of Rs 1470 million has been earmarked for difference ongoing schemes of Defence Division during the year 2011-12. The other major ongoing schemes included capacity building of Pakistan Meteorological Department of Islamabad, establishment of Tropical Cyclone Warning Centre at Karachi, construction of residential accommodation for operational staff at PMD Headquarters, Islamabad, Water Distribution Network Phase-III for RCB/CCB based on Khanpur Dam Water Source, establishment of MSA Digitised Operation Room at New HQ MSA Building MSA, upgradation of Pediatric, Cardiac, Surgical Facility in NIHD, AFIC and establishment of Pak-China Seismic Network in Pakistan.

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Rs 1.1 billion allocated for Gwadar Int’l Airport
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