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Friday, August 5, 2011

Gwadar Port project is vital to raise the economic

ISLAMABAD - Federal Minister of Finance Dr. Abdul Hafeez Shaikh here on Thursday that the Gwadar Port project is vital to raise the country's economic and coastlines in Balochistan.

Made the remarks during his meeting on the progress of the different sections of the Link Road to Rattodaro Gwadar.
And discussed the four projects of the road link Rattodaro Gwadar is in the details at the meeting and was informed that M - 8 has been planned Gwadar - Turber - Hoshab (193 km) to be completed by December 2012.
Was informed that the overall progress is 68 percent, and the allocation of private sector development program for the financial year 2011-12 was Rs.15 million. The Hosbad - Panjgur - Naag - smiling - Sorab (454 km) and was 17 percent, and the allocation of private sector development program for the fiscal year 2011-12 one million Rs.1800: The meeting noted that the overall progress on the N - 85. Has been planned to be completed by June 2014.

At the same time, M - 8: will start Hosbab - Awaran - Khuzdar (414 km) in the second phase of the project.
Minsiter reported to have been the completion of the design phase section Bahima - Khuzdar and cost PC - 1 Rs.4, was approved by the ECNEC 397293000. Procurement of consultants and contractors and supervise the progress. Showed Khuzdar - Côte Shahdad (242 km) of 73% progress: M - 8.
How much of the length of 242, has already been the construction of 100 km, while work on the left-over sections in progress. The sum of one billion will be required Rs.6.5 for the completion of the remaining work.
The Deputy Chairman, Planning Commission, Minister of Finance, Minister of Economic Affairs and Communications Division of the Secretary, the Secretary of Planning and Development, National Health Authority president, FWO Directorate General and other senior officials present at the meeting.

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