ISLAMABAD, Aug 25 (APP): Minister for Finance Senator Muhammad Ishaq Dar chaired the 7th meeting of the Steering Committee on the development of Integrated Transit Trade Management System (ITTMS) here Thursday.
The minister reviewed the progress on the decisions taken in
the sixth meeting as well as current situation of the project.
Federal Board of Revenue (FBR) Chairman Nisar M Khan briefed the the meeting that they were on an advanced stage of finalizing the lease agreement for land acquisition at Torkham and Wagha, a Finance Ministry press statement said.
Secretary Economic Affairs Division (EAD) Tariq Bajwa also
briefed the committee that for civil and other works under the project, all contracts had been awarded through international competitive bidding, in line with ADB guidelines.
The minister expressed satisfaction on the progress of the
work so far and issued directives to expedite the progress on the remaining work.
He also said that the completion of this project would make
Pakistan the trade and transit hub of Central and South Asia.
The minister directed that in case any difficulty arose in the
completion of the project, his help and support would be available in every possible manner.
The meeting was attended by senior officials of Finance
Ministry, EAD, FBR and Commerce Ministry.
Dar chairs meeting of ITTMS steering committee
