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New Gwadar Airport on Radar Once More

The government of Gwadar approved the New Gwadar International Airport project at a revised cost of Rs 51,3 billion, representing a 138% rise in the project’s construction costs within five years due to the poor pace of progress on the China-Pakistan Economic Corridor (CPEC) initiative.

Read: More Plots in Balakot City Project Demanded

The Central Development Working Group (CDWG) decided to increase the project’s budget. Jehanzeb Khan, Vice Chairman of the Planning Commission, presided over the CDWP meeting. It is tasked with reviewing and approving development plans and referring megaprojects to the Executive Committee of the National Economic Council for final approval (Ecnec).

The project was part of CPEC’s first phase, scheduled to be finished in 2018. In addition to hundreds of other CPEC projects, work of the New Gwadar International Airport is also running behind schedule.

The Planning Commission’s vice-chairman also recommended that solar and wind power be combined to generate electricity to fulfill the airport’s future needs.

It is believed that the new Gwadar airport is essential for the growth of Gwadar Port and its free zone. The Ministry of Planning is regaining control of CPEC gradually.

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The CDWP approved a development project with a budget of Rs2.7 billion. The CDWP has approved the feasibility studies and detailed engineering design for the KPCIP (Transport and Municipal Services) under Project Readiness Financing -PRF2.

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