CDWP Gives Go-ahead To Two Projects Worth Rs 54 Bln
The Central Development Working Party (CDWP) Monday approved a project worth Rs 2.66 billion and recommended another project worth Rs 51.299 billion to the Executive Committee of the National Economic Council (ECNEC) for further consideration
ISLAMABAD, (UrduPoint / Pakistan Point News - 20th Sep, 2021 ) :The Central Development Working Party (CDWP) Monday approved a project worth Rs 2.66 billion and recommended another project worth Rs 51.299 billion to the Executive Committee of the National Economic Council (ECNEC) for further consideration.
The meeting of the committee was presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan.
The projects related to Transport and Communications were considered in the meeting.
A project related to Transport & Communications presented in the meeting namely "Feasibility Studies and Detailed Engineering Design for KPCIP (Transport and Municipal Services) Under Project Readiness Financing PRF2" worth Rs 2666.08 million were discussed in detail by the forum.
The project envisages engineering and procurement support, planning feasibility detailed design and capacity building for Urban Municipal Services, project management, financial management, procurement, transport planning, etc.
Another Transport & Communications project presented in the meeting namely "New Gwadar International Airport (NGIA) 2nd Revision" worth Rs 51298.175 million referred to the ECNEC for further consideration.
The forum accorded go-ahead being an ongoing project with the directions to review PSDP requirements keeping in view limited development portfolio and future revenues to the country.