Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Prime Minister Approves Pak-China Trade Corridor
08-17-2013, 12:56 PM
Post: #1
Prime Minister Approves Pak-China Trade Corridor
ISLAMABAD: Prime Minister Muhammad Nawaz Sharif Friday terming the Pakistan China Economic Corridor as future of the country said it will provide connectivity with the Central Asian Republics and make it a regional hub for transit trade.

Chairing a meeting to discuss the Trade Corridor from Kashgar to Khunjerab and Gwadar, the Prime Minister, in principal approved the proposed alignment of the Corridor, with directions to further evaluate the proposal in terms of time and cost efficiency, after a detailed briefing.

The meeting attended by Minister for Finance Muhammad Ishaq Dar, Minister for Planning and Development Ahsan Iqbal, Minister for Information Pervez Rashid, Minister for Railways Khawaja Saad Rafiq, Special Assistant to PM Tariq Fatmi and other officials, also discussed an alternative and shorter route along the Karakoram Highway, connecting Chilas with Mansehra through the Babusar Top.

Prime Minister directed that this route should be developed on priority and said a tunnel can be made across the Babusar top to make it accessible throughout the year. He directed that the route be connected with Muzaffarabad through a road from Balakot and Garhi Habibullah. The distance must be reduced by building connecting bridges and tunnels by using latest technologies and equipment, the Prime Minister said.

Prime Minister Muhammad Nawaz Sharif also directed to prepare feasibility for constructing a road between Hawalian and Islamabad to provide a shorter route to Islamabad to commuters from Gilgit, Mansehra and Abbottabad. The Premier stressed the need for mitigating environmental impacts during the construction of these roads.

The meeting also approved construction of Muzaffarabad - Mirpur road that will reduce the distance between the two cities by 150 kms and give Mirpur a direct access to G.T road at Dina.

During the briefing the Prime Minister was told that the alignment for Lahore-Karachi Motorway will start from Babo Sabo Interchange on M-2 and connect with Karachi passing through Khanewal, Multan, Sukkur, Khairpur and Dadu.

Addressing the meeting, Sharif also directed provision of inter connectivity and linkages between Pakistan Economic Corridor, Indus Highway, Motorways and Grand Trunk Road to provide impetus to the economic activity in the country and easier travel facilities to the commuters.

Rs 1.5m assistance package: The prime minister on Friday approved special assistance package of Rs. 15 million for the spouses and families of martyred officers for their gallantry services.

The prime minister appreciated the dedicated services and heroic deeds of the officials of law enforcing agencies with conferment of gallantry awards as well, a Prime Minister House statement said.

The martyred officers include Shaheed Fayyaz Ahmad (PSP/BS- 19), Shaheed Lt. (Retd) Muhammad Hilal (PSP/BS-18) and Shaheed Abdul Mansoor Khan (PAS/BS-19 Acting).

Fayaz Ahmad was martyred on August 8, 2013 in a suicide blast in District Police Lines, Quetta while reviewing the security arrangements for the funeral ceremony of another shaheed officer.

The Special Assistance Package includes an amount of compensation to the tune of Rs 9 million in addition to lump-sum grant of one million rupees already approved.

Moreover, approval was granted for Rs 5 million in cash to the spouse/family in lieu of plot/land as per Federal Government Employees Housing Foundation’s policy for deceased employees.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  CM Naqvi Drives Forward Controlled Access Corridor Band Road Project in Lahore LRE-Azan 0 1,008 01-24-2024 06:40 PM
Last Post: LRE-Azan
  The China-Pakistan Economic Corridor (CPEC) Achieves Milestones: 36 Projects Worth US LRE-Azan 0 641 01-06-2024 05:23 PM
Last Post: LRE-Azan
  Punjab Chief Minister Visit to Ningxia, China for Enhanced Collaboration in Developme LRE-Azan 0 595 09-22-2023 01:00 PM
Last Post: LRE-Azan
  China rolls over $2bn loan to Pakistan: Foreign Minister Ishaq Dar LRE-Azan 0 1,006 04-01-2023 01:02 PM
Last Post: LRE-Azan
  Chief Minister federal minister for timely completion of NHA projects in Sindh LRE-Azan 0 1,026 01-26-2023 03:02 PM
Last Post: LRE-Azan
  Lahore Gulberg to Defence Chowk to be Made 5km Signal Free Corridor LRE-Azan 0 1,493 01-01-2022 06:51 PM
Last Post: LRE-Azan
  Rs21.814b signal-free Islamabad Highway corridor Salman 0 4,692 04-09-2015 04:15 PM
Last Post: Salman
  Prime Minister orders uplift of infrastructure at Murree Salman 0 4,895 03-01-2014 01:23 PM
Last Post: Salman
  Prime Minister's low-cost housing scheme: 25 percent share for non-gazetted employees Salman 0 7,362 01-02-2014 01:33 PM
Last Post: Salman
  Prime Minister Approved Apna Ghar Scheme Salman 0 8,074 11-12-2013 03:34 PM
Last Post: Salman
  $15bn trade target set for 2015 is achievable’ Salman 0 4,600 04-16-2013 12:55 PM
Last Post: Salman
  Prime locations: LDA to auction 58 plots tomorrow Salman 0 5,192 04-02-2013 05:40 PM
Last Post: Salman
  LDA Trade Centre’s auction today Salman 0 5,101 09-18-2012 03:15 PM
Last Post: Salman
  Prime lands selected for Ashiana schemes: CM Salman 0 4,206 06-08-2012 01:24 PM
Last Post: Salman
  Pakistan for trade expansion with China Salman 0 4,586 04-11-2012 12:44 PM
Last Post: Salman
  PM for increased trade among Asian countries Salman 0 4,142 04-04-2012 01:26 PM
Last Post: Salman
  Pak-India trade moot to take place on 4th Salman 0 3,943 04-02-2012 12:48 PM
Last Post: Salman
  Pakistan to explore new trade opportunities with New Zealand Salman 0 4,105 03-17-2012 02:20 PM
Last Post: Salman
  UAE investment and trade with Pakistan stands out Salman 0 4,224 02-13-2012 11:53 AM
Last Post: Salman
  Goods Council Approves EU Trade Concessions for Pakistan Salman 0 4,395 02-09-2012 12:37 PM
Last Post: Salman

Forum Jump:


User(s) browsing this thread: 1 Guest(s)