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820 km Optic Fiber Cable project in GB to facilitate tourism, IT awareness

01:50 PM | 12 Aug, 2018
820 km Optic Fiber Cable project in GB to facilitate tourism, IT awareness
ISLAMABAD - The fiber optic network project in Gilgit-Baltistan (GB) under China-Pakistan Economic Corridor (CPEC) is being carried out at a fast pace and would facilitate trade, tourism and Information Technology (IT) awareness in the region.

The coast of 820 km of Optic Fiber Cable from Khunjerab to Rawalpindi is the US $ 44 million and expenditure incurred so far is US$ 28.30 million.

Sources at Planning and Development Division on Sunday said the project completion time is December 2018 but it may be completed ahead of schedule.

Giving details, the sources said the main alignment of CPEC optical fiber is Rawalpindi, Mansehra, Naran, Babusar top, Chillas, Gilgit, Karimabad, and Khunjerab.

The project while establishing alternate international connectivity of Pakistan and China with the rest of the world will particularly play a key role in the provision of 3G and 4G services in Gilgit Baltistan at parity with services now available in other parts of the country.

Essentially, the project will provide benefits which include: a major source of revenue, facilitate trade, tourism and IT awareness in region, employment to locals of area along deployment route, generate economic opportunities in GB region, provide modern telecom facilities on CPEC route, direct access for Pakistan-Middle East for China and, Central Asian Republics, Far East and Europe.

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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Pakistani Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 14 May 2024

Pakistani currency rates against US Dollar and other currencies on May 13, 2024 (Tuesday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 279.85 for selling.

Euro stands at 296 for buying and 298.7 for selling while British Pound rate is 344 for buying, and 347.5 for selling.

UAE Dirham AED was at 75.1 and Saudi Riyal came down to 73.40.

Today’s currency exchange rates in Pakistan - 13 May 2024

Currency Symbol Buying Selling
US Dollar USD 277.15 279.85
Euro EUR 296 298.7
UK Pound Sterling GBP 344 347.5
U.A.E Dirham AED 75.1 75.5
Saudi Riyal SAR 73.40 74.10
Australian Dollar AUD 180.5 182.5
Bahrain Dinar BHD 739.61 747.61
Canadian Dollar CAD 203 205
China Yuan CNY 38.43 38.83
Danish Krone DKK 40.16 40.56
Hong Kong Dollar HKD 35.6 35.95
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 904.67 913.67
Malaysian Ringgit MYR 58.71 59.31
New Zealand Dollar NZD 166.93 168.93
Norwegians Krone NOK 25.69 25.99
Omani Riyal OMR 722.52 730.52
Qatari Riyal QAR 76.44 77.14
Singapore Dollar SGD 204 206
Swedish Korona SEK 25.79 26.09
Swiss Franc CHF 306.4 308.9
Thai Bhat THB 7.56 7.71



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