The Pakistani government has allocated Rs5 billion for the development and completion of the New Gwadar International Airport (NGIA) located in the Balochistan province. As part of the Public Sector Development Programme (PSDP) for 2023-24, an allocation of Rs5 billion has been earmarked for the NGIA project. This allocation holds significant importance for managing air traffic to and from the strategically positioned port city of Gwadar.
The government is also strategising to build a new airport within the Mansehra district of Khyber Pakhtunkhwa. This district holds a crucial position along the significant strategic route of the China-Pakistan Economic Corridor (CPEC). A preliminary amount of Rs50 million has been allotted by the government for the initial stages of the airport’s development. These funds will be utilised to set up basic aerodrome infrastructure and secure land for the forthcoming airport’s construction.
At various airports of the country, the government has also decided to establish comfortable accommodation facilities for the officers and ladies of the Airport Security Force (ASF). This initiative encompasses Gilgit Airport, which has been designated a total budget of Rs50 million, along with Faisalabad Airport, allocated Rs20 million, and Turbat Airport, benefiting from a combined sum of Rs60 million.
Collectively, the government has set aside Rs5.34 billion for the ongoing projects within the country’s Aviation Division, along with Rs110 million designated for commencing new initiatives. Air travel stands as a paramount mode of communication within the contemporary hyper-entrepreneurial economies. The provision of vital and robust air travel infrastructure enhances a nation’s connectivity to the global flow of liquid capital, facilitating its optimal distribution.