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Missing links of western route of CPEC to be completed by 2016: Ahsan

07:16 PM | 17 Sep, 2015
Missing links of western route of CPEC to be completed by 2016: Ahsan
KARACHI (Web Desk) - Minister for Planning and Development Ahsan Iqbal has said the missing links of western route of China-Pakistan Economic Corridor (CPEC) project will be completed by the end of next year.

Addressing a ceremony of Federation of Pakistan Chambers of Commerce and Industry in Karachi on Thursday, he said the completion of the western route will connect backward areas of Balochistan with rest of the country.

The Minister said work on Gwadar airport will soon be started and it will be completed by 2017.

He said several energy projects under the CPEC have also been launched. In the first phase, these energy projects will be completed by December 2017.

He said by 2018, about ten thousand megawatt of electricity will be added to the system.

Ahsan Iqbal said today the world is viewing Pakistan differently due to its successes on economic and law and order fronts.

He said that investors from different regions including Europe, United States, Japan and Middle East are showing interest to invest in Pakistan following Chinese commitment to invest forty six billion dollars in the country.

Daily Pakistan Global Web Desk

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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