ISLAMABAD: The Ports and Shipping Ministry succeeded in getting budgetary proposals relating to the Public Sector Development Program (PSDP) of the ministry and attached departments for the financial year 2017-18 approved from the National Assembly Standing Committee on Ports and Shipping.
The budgetary proposals recommended to the Finance Ministry and Ministry of Planning Division that Rs22,358.433 million, requested by Ports and Shipping Ministry under Public Sector Development Program (PSDP) should be given for projects related to Gwadar and China Pakistan Economic Corridor (CPEC). The committee also gave its nod of approval for the ongoing projects.
The committee met here with Ghulam Mustafa Shah in the chair to discuss and scrutinize the budgetary proposals relating to the Public Sector Development Program (PSDD of Ministry of Ports and Shipping and its Attached Deportments for the financial year 2017-18.
Federal Minister for Ports and Shipping Mir Hasil Khan Bezinjo along with higher officials from the ministry briefed the committee about the upcoming plans and development projects for the next fiscal year. They also apprised the Standing Committee on PSDP for the year 2017-2018, however the committee expressed reservations on the pace of the works project related to Gwadar and CPEC.
But the Federal Minister and his team members re-affirmed the commitment toward the CPEC projects and provision of electricity and water for Gwadar. They told the committee that two new projects related to CPEC were going to be launched very soon.
Briefing was also given on projects related to Marine Fisheries Department, Port Qasim Authority (PQA), Pakistan Marine Academy and Marine Biological Research Laboratory.
After detailed and heighted discussion between the members and ministry sides, the Committee recommended the amount of Rs22, 358.433 million requested by the Ministry may kindly be given for the timely completion of projects related to Gwadar and CPEC.