Govt Releases Rs 293.230 Million For Industrial Development Projects
Sumaira FH Published February 16, 2018 | 02:19 PM
The government has released Rs 293.230 million for several industrial development projects under its Public Sector Development Programme (PSDP) 2017-18 as against the allocation of 2,737.270 million
ISLAMABAD, (UrduPoint / Pakistan Point News - 16th Feb, 2018 ) :The government has released Rs 293.230 million for several industrial development projects under its Public Sector Development Programme (PSDP) 2017-18 as against the allocation of 2,737.270 million.
Under PSDP, the government has released Rs 84.700 million for establishment of Bostan Industrial Estate phase-first as against the total allocation of Rs 211.736 million in current fiscal year, according the data of Planning Commission of Pakistan.
An amount of Rs 49.60 million was released for establishment of infrastructure in Quetta industrial and trading estate as the government has allocated Rs 122.625 million in its current year development programme.
So far the government has provided Rs 38.850 million for establishment of Peshawar light engineering center in order to promote the engineering industry in the country as an amount of Rs 42.
614 million was allocated for the above mentioned projects.
In order to develop and promote the industrial activities in Balochistan Province, an amount of Rs 30.620 million was released for provision of infrastructure in Quetta Industrial State, where as the government has earmarked Rs 76.567 million in its current years development programme.
Besides, Rs 44.740 million was released for water supply scheme for Hub Industrial Trading Estate as against the total allocation of Rs 111.855 million for the current financial year. For fully exploiting the fruit trade potential of northern areas of the country, an amount of Rs 8 million the government has allocated Rs 20 million for the establishment of fruit dehydration unit in Swat and so far it has released Rs 8 million for the development of the project.
Related Topics
Recent Stories
Fresh wave of rainfall in AJK continues for the second consecutive day
Babar, bowlers help Pakistan level series 2-2 against New Zealand
Attack in restive Chilean province leaves three police officers dead
PM, Saudi Royal court advisor discuss ways to boost economic ties
England clinch third successive Women's Six Nations Grand Slam
DC Bahawalnagar leads fight for fair bread prices
Sheffield Utd relegated from Premier League
02 proclaimed offenders arrested by Wah Police
Pakistan level T20I series with nine-run victory over New Zealand
Minister meets Chinese Consul General, discusses bilateral cooperation, Chinese ..
MS Children Hospital takes over charge
3 dacoits arrested, illegal weapons recovered
More Stories From Business
-
Cotton to be sown on 4m acres this year
3 hours ago -
China innovation driving global cooperation: international auto experts hail Chinese technology
3 hours ago -
Chinese market as key to electrification: Global auto giant executives
4 hours ago -
KP desires to seek gems’ sector accreditation from Thailand: SACM
5 hours ago -
LCCI urges PM to halt implementation of SRO 350(I)/2024
7 hours ago -
Business community demands reduction in interest rate
6 hours ago
-
Ethiopian envoy urges Pakistani banks to open branches in Addis Ababa
8 hours ago -
Govt's wheat procurement target increased upto 1.8 metric tons
8 hours ago -
SECP grants license to ever first Study Now Pay Later digital platform
9 hours ago -
Minister condemns unilateral urea fertilizer price hike
9 hours ago -
Turkmenistan to complete TAPI energy project with regional countries
10 hours ago -
Gold rates decrease by Rs.600 per tola to Rs244,400
10 hours ago