CDWP Gives Go-ahead To Two Projects Worth Rs 54 Bln
Mohammad Ali (@ChaudhryMAli88) Published September 20, 2021 | 09:27 PM
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.
Senior officials from Planning Commission and Federal Ministries/Divisions also participated in the meeting while representatives from Provincial Governments participated through video conferences.
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's location is Khyber Pakhtunkhwa Province in Bannu, Dera Ismail Khan, Abbottabad, Kohat, Mardan, Peshawar.
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 second revised PC-1 of the project has been submitted by Aviation Division scope and cost of ASF camp, CAA residential building to be funded and executed by Pakistan side has increased.
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.
The Deputy Chairman Planning Commission also directed that combine electricity generation from Solar & Wind should be explored to meet the future needs for Gwadar Airport.
Related Topics
Recent Stories
Zhao Shirin calls on Punjab Industries Minister
Immunization campaign to protect children from deadly diseases in full swing
Action taken against officers not recovering 85% tax: Secretary
Haiti transitional council sworn in after months of violence
IHC adjourns cipher case hearing against PTI founder till April 20,
Ukrainian village battles mines year after Russia forced out
Collective efforts needed to curb terrorism: Barrister Saif
China's Shenzhou-18 mission takes off bound for space station
Police arrest 4 suspects, recovered phones, bikes
Thousands of flights scrapped as French air traffic controllers strike
WWB directed to identify board’s land for revenue generation
Poverty to be ended by establishing border markets: Balochistan Governor
More Stories From Business
-
Zhao Shirin calls on Punjab Industries Minister
8 minutes ago -
CEO APM Terminals calls on Finance Minister
12 minutes ago -
SACM visits GTVC checks attendance register
18 minutes ago -
CEO APM Terminals meets Commerce Minister
18 minutes ago -
RTO destroys huge quantity of non-duty paid cigarettes
55 minutes ago -
Pakistan's total liquid foreign reserves reach $ 13.28 billion
44 minutes ago
-
RDA inflows rise to $7.660 bn in March 24
44 minutes ago -
FPCCI welcomes direct flights between Pakistan-Azerbaijan
35 minutes ago -
Faysal Bank unveils strong financial results for the Q1’24
35 minutes ago -
US economic growth slows to 1.6% in first quarter
9 minutes ago -
Collaborative Care of Diabetes Centre inaugurated in Faisalabad
3 hours ago -
Kazakh envoy stresses quantum jump in bilateral trade
2 hours ago