Balochistan Assembly opposes Sonmiani
port Dated 25-May 2007
Minister
for Gwadar Development Authority Sher Jan
Baloch said the announcement to build a
port at Sonmiani had affected work at the
Gwadar port, adding that multi-national
companies had stopped investing there.
Rs 750 million approved for Gwadar Airport Dated 24-May 2007
ISLAMABAD:
The Annual Plan Coordination Committee (APCC)
on Tuesday approved Rs 750 million for construction
of Gwadar International Airport and Rs 1.357
billion for converting 29 troubled districts
of Balochistan into peaceful “A”
areas.
Five big dams to get funding in coming
budget Dated 24-May 2007
Long-term
development priorities of the Gwadar Port
would also be achieved by initiating projects
like establishment of a free trade zone,
oil city and its connectivity with the country
as well as with the region, he said.
He said
that with the development of the port of
Gwadar, the idea of energy corridor will
gain further strength and that port city
will transform into the most convenient
location for setting up refineries, LNG
plants and mega-storage facilities.