Islamabad International Airport would cost around Rs 81 billion: Senate told

ISLAMABAD: Minister for Parliamentary Affairs Aftab Ahmed Sheikh on Friday informed the Senate that as per revised PC-1, new Islamabad International Airport would cost around Rs 81 billion and an amount of Rs 75.887 billion has been spent on it so far.

Replying to various supplementary questions during Question Hour, the minister said the project was near to completion and it would be opened shortly.

He said the airport was being connected with a network of roads. Work on Metro Bus project was also being carried out on a fast track to provide best facilities to the commuters, he added.

He said the dam has also been completed to fulfill water requirement of the new Islamabad airport besides installing 11 tube wells.

To another question, the minister said the PIA flights on New York route have been suspended due to annually loss of Rs 1 bln. A sub-committee has been set up to review affairs of PIA besides appointing new Chief of the Airline.

He said the government was making all-out efforts to address PIA issues. More aircrafts were being acquired on dry and wet leases to expand flights operation, he added.

To a question, Aftab Ahmed said National Electric Power Regulatory Authority (NEPRA) was pursuing the compliance level of Performance Standards (Distribution) Rules (PSDR) 2005.

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