Categorized | News & Updates

Oman grants $17.5M for new Gwadar International Airport

Posted on 01 October 2014

Karachi—The development of New Gwadar International Airport, the part of Pak China Economic Corridor is being carried out by Pakistan Civil Aviation Authority in collaboration with China Communication and Construction Company for New Gwadar International Airport.

According to CAA, the Oman Government has decided to grant $ 17.5 million for New Gwadar International Airport out of which $ 2.85 million has already been released, which has been utilized for Watch Towers, Boundary Walls and 18 KMs long road. In this respect an amendment to MoU has been agreed already and inked between Air Marshal (Retd) Muhammad Yousaf, Director General Pakistan Civil Aviation Authority and Mr. Wang Xiaoping, CEO of M/s China Construction & Communication Company at CAA Headquarters in Karachi.

 

http://pakobserver.net/detailnews.asp?id=251354

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