AIRLINK 191.00 Decreased By ▼ -5.65 (-2.87%)
BOP 10.15 Increased By ▲ 0.01 (0.1%)
CNERGY 6.75 Increased By ▲ 0.06 (0.9%)
FCCL 34.35 Increased By ▲ 1.33 (4.03%)
FFL 17.42 Increased By ▲ 0.77 (4.62%)
FLYNG 23.80 Increased By ▲ 1.35 (6.01%)
HUBC 126.30 Decreased By ▼ -0.99 (-0.78%)
HUMNL 13.80 Decreased By ▼ -0.10 (-0.72%)
KEL 4.75 Decreased By ▼ -0.01 (-0.21%)
KOSM 6.55 Increased By ▲ 0.18 (2.83%)
MLCF 43.35 Increased By ▲ 1.13 (2.68%)
OGDC 226.45 Increased By ▲ 13.42 (6.3%)
PACE 7.35 Increased By ▲ 0.34 (4.85%)
PAEL 41.96 Increased By ▲ 1.09 (2.67%)
PIAHCLA 17.24 Increased By ▲ 0.42 (2.5%)
PIBTL 8.45 Increased By ▲ 0.16 (1.93%)
POWER 9.05 Increased By ▲ 0.23 (2.61%)
PPL 194.30 Increased By ▲ 10.73 (5.85%)
PRL 37.50 Decreased By ▼ -0.77 (-2.01%)
PTC 24.05 Decreased By ▼ -0.02 (-0.08%)
SEARL 94.97 Decreased By ▼ -0.14 (-0.15%)
SILK 1.00 No Change ▼ 0.00 (0%)
SSGC 40.00 Decreased By ▼ -0.31 (-0.77%)
SYM 17.80 Decreased By ▼ -0.41 (-2.25%)
TELE 8.72 Decreased By ▼ -0.01 (-0.11%)
TPLP 12.46 Increased By ▲ 0.25 (2.05%)
TRG 62.74 Decreased By ▼ -1.62 (-2.52%)
WAVESAPP 10.35 Decreased By ▼ -0.09 (-0.86%)
WTL 1.73 Decreased By ▼ -0.06 (-3.35%)
YOUW 4.02 Increased By ▲ 0.02 (0.5%)
BR100 11,814 Increased By 90.4 (0.77%)
BR30 36,234 Increased By 874.6 (2.47%)
KSE100 113,247 Increased By 609 (0.54%)
KSE30 35,712 Increased By 253.6 (0.72%)

The first test flight has landed successfully at the Sialkot International Airport Limited (SIAL). According to PTV, the Sialkot International Airport Limited (SIAL), a result of public private partnership is nearing completion and the formal inauguration of the joint public-private venture would be held soon.
The SIAL is situated 14 km west of Sialkot. Constructed on a 1,050 acre of area. The project was expected to cost Rs 1,500m along with Rs 230m (provided by the Government of Pakistan) to obtain the 1,050 acre site for the construction. The expenditure however, has already exceeded to over Rs 2,320 million.
It will handle around 143,000 passengers a year. The site offers excellent transport infrastructure with existing road links to Wazirabad, Gujrat, Gujranwala, Narowal, Sialkot City, Sialkot Export Processing Zone and Sialkot Dry Port.
The airport would cater the needs of the industrial triangle of Sialkot, Gujranwala, Gujrat and Mirpur Azad Kashmir. The airport will bring a greater prosperity to the area and contribute to socio-economic development in the region.
An efficient cargo hub in the area has long been required as the it is a major export area in Pakistan for surgical instruments, leather goods, musical instruments, textiles and sports equipment. Construction of the airport was first approved in February 2001 by the President Pervez Musharraf.

Copyright Associated Press of Pakistan, 2007

Comments

Comments are closed.