| GEO Business | | Gawadar airport land acquisition likely to be approved today | Updated at: 1353 PST, Monday, March 30, 2009
ISLAMABAD: National Economic Council’s executive committee is all poised to give an approval for the acquisition of the land for construction of Gawadar international airport.
Finance Advisor, Shaukat Tareen will preside over the committee meeting, where 25 key-projects will be presented for appraisal and approval. These projects were not deferred despite huge cut in the annual development program.
The committee will also review 11 energy sector’s projects, which included updating of the facilities in Faisalabad, Multan, Islamabad, Lahore, Quetta and Peshawar electric supply companies, besides private sector’s six power houses’ linking with the national transmission system, electricity supply to the villages of Dera Bugti and the setting up 43.5MW and 14.4MW power houses at Muzaffarabad. Pakistan Railway project for acquiring 500 new bogies approval and water storage projects will also come under consideration for approval.
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