Punjab approves around Rs53bn for six development schemes
MG News | August 05, 2025 at 10:37 AM GMT+05:00
August 5, 2025 (MLN): Punjab’s Provincial Development Working Party has approved six major development schemes worth a combined Rs52.59 billion in its 15th meeting of the current fiscal year, chaired by Planning & Development Board Chairman Dr. Naeem Rauf.
The largest share of funds, Rs24.54bn, has been allocated to
the CM Punjab Asaan Karobar Finance Center for South and North Punjab, aimed at
boosting business financing facilities.
Another Rs4.27bn will go to the CM Punjab Asaan Export
Finance program designed to support small and medium enterprises in enhancing
their export capacity.
Significant infrastructure allocations include Rs8.79bn for
improving sewerage and stormwater drainage systems in Layyah City, while
Rs8.02bn has been earmarked for similar upgrades in Daska, Mandrainwal, and
Jamkey Cheema. Attock City will see Rs3.17bn invested in upgrading its storm
drainage network and street pavements.
In the transport sector, Rs3.81bn has been approved for the
rehabilitation, remodelling, and solarization of existing Lahore Metro Bus
System (Green Line) stations, a move aimed at modernizing public transport
facilities in the provincial capital.
The meeting was attended by P&D Board Secretary Rafaqat
Ali, Secretary Transport Imran Sikandar Baloch, board members, and other senior officials.
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