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Old Tuesday, April 25, 2006
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Post Oman has offered $100 million aid

Oman has offered $100 million aid for the development of social and infrastructure facilities in Balochistan. Out of $100million, Oman has provided $7million for extending of runway at Gwadar Airport, construction of jetties, upgradation of Gwadar Hospital, provision of 100 engines to fishermen and construction of power house. Oman is also financing construction of Gwadar-Hoshab Road, water supply scheme in Gwadar area and construction of irrigation dams.
Pakistan and Oman have signed a number of agreements including Avoidance of Double Taxation, Promotion and Protection of Investment, Cultural, Technical and Educational Cooperation, Agreement on cooperation between Oman Chamber of Commerce and Industry and FPCCI, Maritime Boundary Agreement and Agreement to establish Pak-Oman Joint Investment Company.

The proximity of Oman is an asset to Pakistan. Around 70,000 Pakistani citizens are participating in the development of Oman. Omani assistance for construction of Gwadar Port would go a long way in promoting economic relations between Gwadar-Pakistan and Central Asian States.

Pakistan through networking of roads is linking Gwadar with Karachi and the north to enable the Central Asian States to use Gwadar as a port for their trade. Water supply is being improved, seven jetties are being constructed and local fishermen are being given motor engine run boats. The local hospital is also being upgraded.

A number of electric power generation projects are also being carried out in Gwadar and in its surroundings. The Quetta Electric Supply Company (QESCO), a subsidiary of the Wapda, has geared up the work for building the power transmission line. It is expected to be completed soon.


Airport

Gwadar has a small airport which is basically meant for fokker aircraft. The need is growing for the expansion of this airport and enlargement of its runway to facilitate the landing of wide body aero-planes. CAA has been directed to upgrade the Gwadar Airport for the landing of Airbuses by the end of 2004. Gwadar port will be open air and after its inauguration the jet planes shall be landing at the Gwadar airport. A sum of 2.3 million dollars is being utilized from Omani grant. The Pakistan government and the Civil Aviation Authority are also contributing additional Rs563.35 million for this purpose.


Dry port:

China wants to set up a dry port near the Pakistan-China border, so that western China could also benefit from the Gwadar seaport and it will create a ribbon of economic activity and hundreds of new jobs along the proposed highway linking Gwadar with the Karakoram highway in the north.

Rice Zone

Rice Exporters Association of Pakistan (REAP)-apex body of the rice exporters in the country- has decided to establish a rice zone in Gwadar to fetch the oppertunities in the area after the construction of new port. The establishment of warehouses will provide extraordinary facilities to rice exporters especially for those who export rice to iran as the Iranian border is only at a distance of three hours from Gwadar.


Saindak Copper Gold

The Saindak Copper Gold project is likely to start production in june 2003 by producing 12500 tons 'raw copper' daily. MRDL, a chinese company, is doing the whole work. To ensure successful implementation of the mega project modern machinery, including crushers, smelters and other plants have been installed in addition to a 50 MW power-house. 33 km railway line from Taftan to Saindak has also been laid. The Chinese company MRDL has so far invested $25 million (Rs 1.5 billion) on the project.
Trans-Afghan Gas Pipeline

The 1400km-long Trans-Afghan Gas Pipeline (TAP) from Turkemenistan to Gwadar(Pakistan), the long dormant project that hopes to pump Turkmen natural gas to markets in South Asia, is finally poised to step off the drawing board costing $3 billion.

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Sardarzada
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