Finance Minister, Senator Mohammad Ishaq Dar, chaired a meeting at the Ministry of Finance on Friday to review the progress on the development of border crossing complexes at Torkham and Chamanas part of the Integrated Transit Trade Management System (ITTMS) project.
Finance Secretary, Secretary Economic Affairs Division, Quartermaster General of Pakistan Army, Country Director Asian Development Bank (ADB),DG NLC, Project Director ITTMS at FBR, and senior officials of the Ministry of Finance, ADB, and Infrastructure Project Development Facility participated in the meeting.
The Project Director updated the Finance Minister regarding the progress of the project. DG NLC briefed the meeting regarding the technical aspects of the project. NLC has been assigned to carry out the civil works of the project on the two sites. Country Director ADB informed the meeting that ADB considers it as an important project due to its significance in the context of the corridor for trade envisaged under the Central Asia Regional Economic Cooperation (CAREC).
The Finance Minister appreciated the efforts of all stakeholders, including ADB, in ensuring satisfactory progress of the project so far. He said that the project is based on the vision of the government to develop Pakistan as an economic corridor and enhance regional connectivity. He said that the project, once completed, will result in significant reduction in processing times at the border crossing points in Torkham and Chaman. He urged all stakeholders to ensure completion of the project in accordance with the scheduled timelines.
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