Table of Contents

ECNEC Approves Development of Gwadar International Airport

Islamabad: According to the most recent news sources, the Executive Committee of the National Economic Council (ECNEC) has authorized the construction of the New Gwadar International Airport (NGIA) at the cost of PKR 57.298 billion.

Read: Carpet Vs Hardwood Flooring: Which is Better for Your Home?

Additionally, the council has requested that the Pakistan Civil Aviation Authority (PCAA) prepare an energy plan for the airport within three months.

According to the details, the ECNEC was informed that the Central Development Working Party (CDWP) had reviewed the project during a September meeting, at which point it was submitted for ECNEC approval at the cost of PKR 51.298 billion, which included a Foreign Exchange Component (FEC) of PKR 34.471 billion.

Read: Why to Invest in Rudn Enclave?

According to the reports, the following will provide funding for the project:

  1. PCAA will contribute 750 million PKR
  2. The PSDP will contribute 16,078 billion Pakistani Rupees.
  3. A grant of PKR 33,827 billion will be granted by China
  4. PKR 643,063 have already been provided by the Omani Grant.

For more updates, stay tuned to Al Sadat Marketing.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Leave a Reply

Your email address will not be published. Required fields are marked *