Govt allocates Rs. 7,257.997 million
for Aviation Division in PSDP 2024-25
The federal government has earmarked
Rs. 7,257.997 million under the Public Sector Development Programme (PSDP) for
the fiscal year 2024-25 to fund ongoing and new schemes of the Aviation
Division.
According to the budget document
issued on Wednesday, approximately Rs. 4,097.997 million is allocated for
eleven ongoing schemes, and Rs. 3,160.000 million is designated for two new
schemes.
Read More Pakistan
unveils National Aviation Policy 2023
The new schemes include the
Modernization of Hydromet Services of PMD in Pakistan, with a total allocation
of Rs. 3,000.000 million for the fiscal year 2024-25, and the Establishment of
the National Centre for Rainfall Enhancement (NCRE) in the Pakistan
Meteorological Department (PMD) Cloud Seeding Project, for which Rs. 160.000
million has been allocated.
The ongoing schemes cover various
projects such as the construction of the Rain Water Harvesting Kasana Dam at
Islamabad International Airport, installation of Weather Surveillance Radars at
Multan and Sukkur, development of the New Gwadar International Airport,
upgradation of the ASF Academy in Karachi, and construction of ASF accommodations
at Turbat Airport, among others. Additionally, new meteorological observatories
and hostels for operational staff will be established in Naran and Balakot,
respectively. Other projects include the construction of facilities at Panjgur,
Faisalabad, and Gilgit airports.
Read More Pakistan
government considering amendments to aviation laws
The Modernization of Hydromet
Services of PMD in Pakistan will be funded through a foreign loan of Rs.
3,000.000 million, which was approved by ECNEC on July 19, 2023.
Source: APP