Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Govt allocates significant funds to complete CPEC western route: Ahsan

byCT Report
20/06/2016
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Federal Minister for Planning, Development and Reforms Ahsan Iqbal has said that the federal government has already allocated significant funds to complete the Western route for the China-Pakistan Economic Corridor (CPEC) under the banner of its Public Sector Development Programme (PSDP) 2016-17.

Up to Rs 22 billion have been allocated for Burhan-Hakla (Dera Ismael Khan Motorway), which is a part of the CPEC’s Western route, he said in a statement issued here. The 285-kilometer motorway project is being built to connect Dera Ismail Khan to Hakla area, and will be completed in two years at a cost of over Rs 129 billion. The motorway will pass through Pindi Gheb, Sawan, Mianwali, Rokhri, Rehmani Khel and will terminate at Yarik (DI Khan). An additional Rs. 5 billion have also been allocated for the Gwadar-Turbat-Hoshab section, Rs. 4 billion for Hoshab-Nag-Basima-Surba section, and Rs 1.1 billion for DI Khan-Mughalkot section of Western route of the CPEC. In addition, Rs 4.6 billion have also been allocated for the construction of the Burhan-Havelian Expressway, while Rs 16.5 billion for Thakot-Haveliay road, among other projects.

You might also like

Uzbekistan-Pakistan air connectivity expands as “Centrum Air’’ launches direct Tashkent-Karachi flights

05/09/2026

CCP, NFA sign MoU to strengthen competition law enforcement

04/09/2026

In his response to a question, Iqbal said that some elements were busy creating confusion about the Western route. He strongly dispelled this impression and remarked that the work on the Western route is in full swing, further adding that the Gwadar-Surab Section will be completed by December 2016 while the DI Khan section will be completed by July 2018. He said that there is a complete consensus among all the political parties on the Western route and the government will fulfil its promise in this regard.

The minister said that the government is determined to complete the Western portion of the project on a priority basis by providing all the required funds for it.

Related Stories

Uzbekistan-Pakistan air connectivity expands as “Centrum Air’’ launches direct Tashkent-Karachi flights

byCT Report
05/09/2026

KARACHI: Direct air connectivity between Uzbekistan and Pakistan has further expanded with the launch of regular flights between Tashkent and...

CCP, NFA sign MoU to strengthen competition law enforcement

byCT Report
04/09/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) and the National Forensics Agency (NFA) signed a Memorandum of Understanding (MoU) to...

Roosevelt Hotel counsel sees 1% chance of overturning arbitration award

byCT Report
03/09/2026

ISLAMABAD: Legal counsel for the Roosevelt Hotel has assessed the chances of successfully challenging an adverse arbitration award at just...

Askari General Insurance, Askari Life transfer 51% stakes from Army Welfare Trust to Fauji Foundation

byCT Report
01/09/2026

KARACHI: Askari General Insurance Co. Ltd. and Askari Life Assurance Company Limited have disclosed the transfer of their respective 51%...

Next Post

POL prices likely to increase by Rs4.5 per litre

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.