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05 December 2008 The on-line newspaper devoted to the world of transports 05:36 GMT+1



December 2, 2003

KPT allocates Rs4.085bn for port uplift

By Parvaiz Ishfaq Rana


KARACHI, Dec 1: The Karachi Port Trust would spend Rs4,085 million on development projects at the port during the current fiscal year. The amount is 49 per cent (Rs1,340.6 million) more than Rs2,744.4 million allocated during the 2002-03.

"This increase is mainly due to some new projects being kept in the P&D and Engineering Division's budget in order to replace some of the old and outlived craft and structures as well as to carry out some new structural works," KPT sources said ......
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