
Gwadar Airport, Expressway Groundbreaking This Year: Ahsan Iqbal
Sumaira FH Published July 25, 2016 | 02:46 PM

ISLAMABAD,(UrduPoint / Pakistan Point News - 25th july,2016) : Minister for Planning, Development and Reform, Ahsan Iqbal said on Monday that groundbreaking of Gwadar International Airport and Expressway would be performed this year. "Three routes to link Gwadar with rest of the country would be made available by December 2016," he made these remarks while talking to a delegation of Gwadar Press Club which called on him here. Gwadar International Airport to be capable of handling the largest of passenger planes including the A-380 Boeing jets would be completed at a cost of US$ 260 million. The Minister said, Gwadar and Balochistan province would be biggest beneficiaries of China Pakistan Economic Corridor (CPEC), adding, the first Economic Zone would be set up at Gwadar. Various financial incentives being provided to potential investors in the Special Economic Zone of Gwadar as a result of which there was growing interest among investors both in Pakistan and abroad for investment in the Special Economic Zone.
Ahsan Iqbal said, besides Vocational and Technical Training Institute would be built to impart local population of Gwadar training of skills and provide employment.
He informed the delegation that Gwadar university would be established this year to ensure higher education facilities to the local youth. Gwadar city would not only be provided with a modern seaport but it would be made a centre of social and economic activities, he added. The Minister said, CPEC was not only a road but it was a complete framework, adding, this important initiative was a result of vision of both Pakistani and Chinese leadership. He said, out of US$ 46 billion, US$ 35 billion would be invested in energy project under the CPEC framework, adding, Sindh and Balochistan province were getting largest shares in the energy sector. CPEC, he said, would benefit more than three billion people of this region and beyond. Regarding Orange Line Project, he clarified that this project was being completed by the Punjab government from its own budget. Ahsan Iqbal said, there was a war of political idealogy in the 20th century while economic wars were being fought in the 21st century. He pointed out, Pakistan missed out several opportunities in the past, adding, the entire world was looking towards CPEC's success.
Related Topics
Recent Stories

Karachi, Sindh weather; light drizzle likely on Saturday, Sunday

Babar Azam is a film hero, Haris Rauf perfect villain: Salman Ali Agha

CBUAE revokes licence of Al Khazna Insurance Company

IHC warns of contempt proceedings against PM, cabinet in Dr Aafia Siddiqui case

Terrorists of Fitna-tul-Hindustan kill 9 Pakistanis after verifying their identi ..

Masdar City trials next-generation autonomous vehicles

Emirates Intellectual Property Association reinforces collaboration with WIPO

UAE leaders congratulate Governor-General of Bahamas on Independence Day

UAE leaders congratulate President of Mongolia on National Day

Nigerian army kills 150 gang members in ambush

UAE President sends written message to German Chancellor on bilateral relations

UAE Team Emirates-XRG shines in Austria, France tours
More Stories From Pakistan
-
Experts emphasize political will, education as crucial for bridging family planning gaps on 'World P ..
9 minutes ago -
IHC warns of contempt proceedings against PM, cabinet in Dr Aafia Siddiqui case
16 minutes ago -
Only collective action can tackle nation’s alarming population growth: Minister Kamal
19 minutes ago -
Man electrocuted
19 minutes ago -
Terrorists of Fitna-tul-Hindustan kill 9 Pakistanis after verifying their identities in Balochistan
22 minutes ago -
PML-N releases list of nominees for reserved women’s seats in NA
49 minutes ago
-
Rs 85 million approved for children park
49 minutes ago -
IRSA releases 426,671 cusecs water
49 minutes ago -
President calls for promoting trade, investment ties with Czech Republic, Ukraine
49 minutes ago -
Blind murder traced, accused arrested within 24 hours
1 hour ago -
Boy dies in train accident
2 hours ago -
Martyrs' bodies received,transported to hometowns
2 hours ago