GWADAR: The New Gwadar International Airport is nearing its final construction phase, with substantial financial investments and plans to commence operations later this year.
Over Rs 3.5 billion have been invested in the airport's development during the current fiscal year. The budget for the fiscal year 2024-25 has allocated an additional Rs 3.56 billion to ensure the completion of various ongoing projects.
According to official documents, Rs 2.19 billion is designated for constructing buildings and structures. Telecommunication work will receive an investment of Rs 49.99 million, and Rs 103 million have been set aside for furniture purchases in the upcoming financial year. Additionally, Rs 50 million will be spent on transportation purchases, and Rs 17.8 million on consultancy services.
It is noteworthy that last fiscal year, Rs 5 billion were allocated for the airport’s construction.
Sources indicate that the operational part of Gwadar Airport will be completed by September, with operations expected to begin by December 2024. Currently, only four percent of the operational section remains unfinished. Other developmental works related to the airport are projected to be completed by December 2025.
The New Gwadar International Airport is poised to significantly enhance the region’s connectivity and economic growth, serving as a crucial infrastructure project for Pakistan’s burgeoning aviation sector.