The opening of the Chinese-funded New Gwadar International Airport (NGIA) in Pakistan has been postponed for the third time, primarily due to escalating security threats in the region. Originally set to commence operations on January 1, 2025, the airport’s inauguration has now been delayed indefinitely, reflecting ongoing concerns about safety in Balochistan, where the airport is located. The NGIA, a significant infrastructure project funded by China at a cost of approximately $250 million, is part of the China-Pakistan Economic Corridor (CPEC). It was initially scheduled to open on August 14, 2024. This situation underscores the broader challenges facing Pakistan as it seeks to attract foreign investment and stabilise its economic environment amidst persistent security issues. The delays in opening NGIA not only hinder local development but also reflect the complex dynamics between regional insurgencies and international economic partnerships, as per a report.
HEADLINE
© 2020 ACE. All Rights Reserved