Pact signed for Gwadar airportAugust 31, 2014
KARACHI: An Amendment to MoU has been agreed between Pakistan Civil Aviation Authority and China Communication and Construction Company for New Gwadar International Airport.
An amendment to MoU was inked between Air Marshal (Retd) Mohammad Yousaf, Director General Pakistan Civil Aviation Authority and Wang Xiaoping, CEO of M/s China Construction & Communication Company at CAA Headquarters, Karachi on 28th August, 2014.
This is a part of Pak China Economic Corridor (PCEC). 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.