An
airport of their own |
By
Aoun Sahi |
Sialkot
is all prepared for the country's first ever private
sector airport after having successfully set up the
Sambrial Dryport Trust, thanks largely to the exporters
of the city.
The export triangle of the country comprising
Gujrat, Sialkot and Gujranwala is internationally known
for its sports goods, gloves, surgical instruments,
sports wear, cutlery, ceramics, leather garments, electrical
gadgets etc. Presently air cargo from the area is sent
to Lahore, Islamabad or Karachi airports via the Sambrial
Dryport. Among the many difficulties that this poses
for the exporters are the added expenses and time. Moreover,
the road travel from these big cities is an increased
security risk for foreign buyers.
It was because of these reasons that
the export potential of the region has not been fully
realised. That is why there has been a long standing
demand for an airport in Gujranwala division, by traders,
businessmen, exporters and the general public of the
region.
"Exporters of Sialkot have taken
the initiative themselves. They have been pleading for
an airport with the government for quite a long time,
but due to financial constraints the government has
failed to oblige. Alternatively, the determined exporters
of Sialkot have decided to build an airport on their
own," says Mian Muhammad Riaz, chairman Sialkot
International Airport Limited (SIAL).
"President Pervez Musharraf gave
his approval for the construction of an international
airport at Sialkot on Build, Own & Operate (BOO)
basis, following a presentation made on February 2,
2001. A memorandum of understanding (MOU) was then signed
between the Sialkot Chamber of Commerce and Industry
and the Ministry of Defence through the Civil Aviation
Authority," adds Mian Riaz.
An independent organisation, Sialkot
International Airport Limited (SIAL), was formed for
the construction of airport under the auspices of the
Sialkot Chamber of Commerce and Industries on 24, March
2001.
The selected site measuring 1004 acres
is located 13 kilometers west of Sialkot with road links
to Wazirabad, Gujrat, Gujranwala, Narowal, Sialkot city,
Sialkot Export Processing Zone and Sialkot Dry Port.
The new bridge on Chenab near Shahbazpur would bring
the drive to Gujrat down to 25 minutes. After the completion
of proposed communication network, it will be the closest
airport to cities like Kharian and Mirpur (AJK) -- known
for a high percentage of overseas population.
Muhammad Nawaz Chaudhry, General Manager
SIAL, gives TNS a breakdown of the funding. "The
project is expected to be implemented through 100 per
cent equity financing. SIAL is bearing the entire expenditure
and will run the airport independently. The government
is not providing any kind of monetary or technical assistance
for the project. The total estimated cost of the project
is Rs. 1.57 billion, out of which Rs. 1 billion would
be directly invested by 200 directors with a personal
investment of Rs. 5 million each. The remaining 0.57
billion rupees would be collected through issuance of
shares." The number of directors is fast approaching
the targeted 200 mark, most of whom are from Sialkot,
he adds.
Chaudhry Sarfraz Bhatti, member executive
committee Sialkot Chamber of Commerce and Industries
and chief executive F.S. Candino says that the airport
is a unique project in many ways: "Located at the
centre of Pakistan's industrial hub, it is a viable
private sector initiative. It will bring an end to the
long delay, damage to goods or packing due to multiple
handling, pilferage, security concerns and other losses.
The airport will also be a great convenience for local
and foreign business executives and other air-travellers
who will be saved long road journeys."
According to Muhammad Nawaz Chaudhry,
the viability of the project is greatly enhanced by
a number of factors -- it enjoys full backing of the
government and each aspect of the airport is in accordance
with national and international regulations. The airport
plan developed by SIAL with the expertise of NESPAK
has been approved by the government and meets international
civil aviation organisation standards.
Muhammad Nawaz Chaudhry claims the success
of the project as a business venture is guaranteed due
to the direct involvement of the private sector. It
would profit from the huge cargo market of industries
around and will be the first choice for the large number
of air travellers from adjoining districts. This would
also help create new commercial avenues.
According to figures provided by SIAL,
24,000 ton cargo transportation is expected in the first
year. The provision of passenger facilities at Sialkot
International Airport would earn a profit of over Rs.
2 billion while cargo handling at the airport would
save SIAL over Rs. 1 billion.
"The actual work on the project
started on January 30, 2003. The airport master plan
envisages phased development of facilities which will
be completed in six packages. The highlight of the project
remains the 3,600-meter long runway which is the longest
in Pakistan. The work on first two packages is under
process and bids for the remaining four are in the pipeline,"
says Major (retd.) Syed Shahid Anwar, project engineer
Sialkot International Airport.
He also tells TNS that NESPAK is the
residential supervisor of the project with the top-supervision
done by SIAL itself. "A laboratory for the attestation
of the standard of material has been set up on the site
with nuclear gadgets for ensuring the quality of the
material. The airport will start operating by April
2005. One area where the government can help is the
communication network of the region, which needs to
be improved before the airport becomes operational,"
he adds.
Regarding this suggestion, Zillai Naib
Nazim, Chaudhry Arsal Waqar Ghuman says: "The district
government has made a master plan to improve the condition
of roads before the completion of the airport. The chief
minister has also announced a Rs. 2 billion package
for Sialkot district, mostly for the improvement of
the communication network. The airport will bring a
revolution not only in the field of industry, but will
also help improve the agriculture of the region, especially
by way of quick transportation of fresh fruits, vegetables
and flowers etc."
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