March 25, 2019: The government has so far released funds of Rs. 1067.709 million against total allocation of Rs. 8123.134 million for execution of 10 projects of Ministry of Maritime Affairs (MoMA) under the Public Sector Development Programme (PSDP) for the year 2018-19.
According to official data, an amount of Rs. 140 million has been provided for construction of Eastbay Expressway (CPEC) and Rs. 477.949 million for development and construction of Port Allied structures in Mullah Band Area.
Moreover, Rs. 117.600 million have been released for Feasibility Study for Construction of Break Water (CPEC) and Rs. 8.582 million for Establishment of CPEC Support Unit (CSU) for Projects and Activities in GPA while Rs. 45 million for Pak-China Technical and Vocational Institute at Gwadar (CPEC), Rs. 30 million for Business Complex R.O Plant (0.2 m/g/d capacity), Rs. 1 million for Surveys to Find Status, Distribution, Population Dynamics and Management of Faunal Biodiversity of Coastal Areas of Sindh and Baluchistan.
Whereas, the government has released 100 per cent fund for three projects amounting to Rs. 209 million for Up-gradation of Gwadar Port Authority (GPA) Housing Complex , Rs. 30 million for Simulator (ECDIS, GMDSS, Radar-ARPA and High Voltage) and Rs. 8.578 million for Rehabilitation of Auction Hall of Gwadar Mini Port respectively.
