(MENAFN- Khaleej Times) The financing and development of gwadar international airport has been ?taken over by china? and that the civil aviation authority would not be involved in the process the government told a senate panel here.
in addition the controversy over change in the route of the $35 million pak-china economic corridor deepened as government officials continued to contradict each other over the reasons for the change.
planning and development secretary hassan nawaz tarar told a senate committee that a special board had been established to oversee the construction of gwadar airport. pakistan people’s party’s senator fateh mohammed hassani alleged that land for the airport — worth only rs100 million — had been purchased at rs1.5 billion.
the government has already handed over the development and operations side of the gwadar deep sea port to china after withdrawing the rights originally granted to singapore.
meanwhile the world bank has approved $700 million funding for the dasu hydro electric power project and in a pleasant surprise for pakistan the united states also voted in favour finance minister ishaq dar told the senate. he said pakistan will provide financing for bhasha dam project from its own resources because of unavailability of international funding due to objections raised by new delhi claiming gilgit-baltistan as part of indian-administered kashmir.
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