Development projects worth Rs327bn approved by ECNEC


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ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC)  on Friday approved 12 uplift projects worth Rs326.703 billion.  

Federal Minister for Finance and Revenue, Shaukat Tarin at the Cabinet Division chaired the meeting. Adviser to Prime Minister on Institutional Reforms and Austerity Dr Ishrat Hussain, Adviser to Prime Minister on Commerce, Abdul Razak Dawood and Minister for Power, Hammad Azhar were in attendance. 

According to details, three dam projects, two educational projects, six road development projects and one IT park project were approved in the meeting. 

Projects approved included Gish Kaur Storage Dam, worth Rs11.789 billion, Awaran Dam Project worth Rs14.86 billion, dualisation of Khuzdar-Kuchlak Section of National Highway worth Rs81.582 billion and Panjgur-Gichak-Awaran Road worth Rs14.68 billion to name a few. 

Several roads under the China-Pakistan Economic Corridor (CPEC) projects were also approved. 

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ECNEC approves construction of 306km Hyderabad-Sukkur Motorway


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ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) on Wednesday approved the construction of 306km Hyderabad-Sukkur Motorway at a revised cost of Rs 191.471 billion along with 9 other development projects. 

Finance Minister, Shaukat Tarin, presided over the ECNEC meeting through video link and approved the construction of Hyderabad-Sukkur Motorway at a cost of Rs. 191.471 billion. The motorway will be six-laned and fenced. It will be included in the next federal budget.  

As per reports, ECNEC also gave go-ahead to the construction of the 30 MW Hydro Power Project Ghowari worth Rs. 16,399.760 million. The project will be located on the left bank of Shayok River near Ghowari Village, District Ghnache in Gilgit Baltistan. The timeline for the completion of the project is 4 years. 

According to details, other projects like  Rainee Canal Project, Hoshab-Awaran-Khuzdar project, Mardan-Swabi Road project and Gomal Zam Multipurpose project etc. The projects will be worth Rs. 361.5 billion. 

 

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