CDWP gives go-ahead to Two Projects worth of Rs 54bn

News Image

MG News | September 20, 2021 at 08:43 PM GMT+05:00

0:00

September 20th, 2021:  At a CDWP meeting presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, cleared one development project with a cost of Rs. 2.66bn & recommended one project worth Rs. 51.29bn to the Executive Committee of the National Economic Council (ECNEC) for further consideration.

Senior officials from Planning Commission and Federal Ministries/Divisions also participated in the meeting while representatives from Provincial Governments participated through video conferences.
Projects related to Transport& 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 location of the project in 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, and project management, financial management, procurement, and 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.

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 166,406.35
206.17M
2.09%
3412.18
ALLSHR 99,531.69
398.30M
2.06%
2005.78
KSE30 50,131.04
111.14M
2.12%
1040.81
KMI30 238,938.40
117.85M
2.07%
4840.65
KMIALLSHR 64,554.32
233.81M
2.01%
1269.74
BKTi 46,130.70
32.57M
1.48%
672.60
OGTi 33,976.27
5.13M
2.45%
813.38
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 80,240.00 81,015.00
78,605.00
1465.00
1.86%
BRENT CRUDE 108.96 109.15
105.55
0.79
0.73%
RICHARDS BAY COAL MONTHLY 113.00 0.00
0.00
1.00
0.89%
ROTTERDAM COAL MONTHLY 109.25 0.00
0.00
1.80
1.68%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 102.63 102.88
99.11
0.69
0.68%
SUGAR #11 WORLD 14.97 0.00
0.00
0.02
0.13%

Chart of the Day


Latest News
May 04, 2026 at 12:25 PM GMT+05:00

Inflation worries, Middle East tensions drag gold lower


May 04, 2026 at 11:20 AM GMT+05:00

Altern Energy Limited exits core power agreements


May 04, 2026 at 10:49 AM GMT+05:00

Oil dips, U.S. moves to support vessels stuck


May 04, 2026 at 10:21 AM GMT+05:00

NETSOL to launch Employee Share Option Scheme



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg