AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,626 Increased By 100.3 (1.33%)
BR30 24,814 Increased By 164.5 (0.67%)
KSE100 72,743 Increased By 771.4 (1.07%)
KSE30 24,034 Increased By 284.8 (1.2%)

imageISLAMABAD: Minister for Planning and Development Ahsan Iqbal Wednesday said that Gwadar-Quetta cargo service would be functional from December this year.

The Minister said this while speaking about the 2nd interim report on China-Pakistan Economic Corridor (CPEC) placed before the Senate by the Convener of the Committee Senator Taj Haider.

He said that the 660 km long Gwadar-Quetta section had already been completed in three years.

The Minister also paid tributes to seventeen personnals of the Frontier Workers Organization (FWO) who sacrificed their lives during the construction of the road.

Most of the figures and observations mentioned in the report submitted by the Sepecial Committee of the Upper House are contrary to the facts, the Minister said.

Referring to recent meetings with Balochistan and Khyber Pakhtunkhwa representatives, Ahsan Iqbal said that representatives of both the provincial governments expressed their satisfaction over the China Pakistan Economic Cooridor project and assured them for taking care of their points in future.

The government has allocated Rs 35 billion for Western Route of the CPEC during the next financial year.

He said a sum of $ 35 billion has been allocated for energy sector projects including $ 11 billion for Sindh and $ 9 billion for Punjab.

A sum of Rs 22 billion has been allocated for Dera Ismael Khan-Burhan section of CPEC, Rs 17 billion for Havelian-Thakot section, Rs 19 billion for Multan-Sukkur section in the PSDP of 2016-17.

The government has also allocated Rs 5.4 billion for connecting Indus Highway with the CPEC. Whereas Rs 3.3 billion would be spent on connecting Zhob and Mughal kot.

Copyright APP (Associated Press of Pakistan), 2016

Comments

Comments are closed.