Chinese firms concerned over Gwadar Master Plan approval delay

Published January 21, 2019
Plan, that was completed in Dec 2018, is with planning department, says official. — File photo
Plan, that was completed in Dec 2018, is with planning department, says official. — File photo

GWADAR: Chinese companies, which prepared the Gwadar Master Plan Smart City, have expressed concern over delay in its approval by the federal government.

Sources said that the Gwadar Master Plan Smart City was prepared by China Communication Construction Company Limited and Fourth Harbour Engineering Investigation at a cost of Rs521 million, including a Chinese grant of Rs425m and Rs91m provided by the government of Pakistan.

The sources said the companies had started work on the master plan in August 2017 and completed it in December 2018 and forwarded the plan to the federal government for approval, but it has not been approved so far.

“The plan is with the steering committee of the planning and development department,” a senior official told Dawn in Gwadar.

The governing body of the Gwadar Development Authority had already approved the plan.

“Chinese companies have expressed displeasure over the delay in approval of the plan by the steering committee of the planning and development department and warned the government of Pakistan will have to pay extra cost caused by the delay,” the official said.

He said the delay would also affect other projects.

Published in Dawn, January 21st, 2019

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Editorial

Ominous demands
Updated 18 May, 2024

Ominous demands

The federal government needs to boost its revenues to reduce future borrowing and pay back its existing debt.
Property leaks
18 May, 2024

Property leaks

THE leaked Dubai property data reported on by media organisations around the world earlier this week seems to have...
Heat warnings
18 May, 2024

Heat warnings

STARTING next week, the country must brace for brutal heatwaves. The NDMA warns of severe conditions with...
Dangerous law
Updated 17 May, 2024

Dangerous law

It must remember that the same law can be weaponised against it one day, just as Peca was when the PTI took power.
Uncalled for pressure
17 May, 2024

Uncalled for pressure

THE recent press conferences by Senators Faisal Vawda and Talal Chaudhry, where they demanded evidence from judges...
KP tussle
17 May, 2024

KP tussle

THE growing war of words between KP Chief Minister Ali Amin Gandapur and Governor Faisal Karim Kundi is affecting...