Budget 2017-18: Rs 180 billion allocated for CPEC projects

Budget 2017-18: Rs 180 billion allocated for CPEC projects
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ISLAMABAD – The federal government announced an allocation of Rs 180 billion for the projects being constructed under the China-Pakistan Economic Corridor (CPEC).

Unveiling the budget, Finance Minister Ishaq Dar said that Gwadar has assumed importance for the national economy where 31 different projects are under construction.

The government allocated Rs 180 billion for the CPEC related projects and various development schemes in the port city including airport, road network hospitals etc.

The government recently also invited the tenders for the construction of the New Gwadar International Airport (NGIA).

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