Central Development Working Party approves Development Projects worth RS.74.48 billion

    ISLAMABAD: While approving several development projects costing 74.48 billion Rupees, the Central Development Working Party (CDWP), chaired by Minister for Planning, Development & Reform and Deputy Chairman Planning Commission Ahsan Iqbal, on Tuesday recommended Ecnec to consider approval of 6 mega projects in Energy, Transport Communication and health Sectors.
    The CDW also accorded concept clearance to two foreign funded projects of worth 27.55 Billion, proposed by Government of Sindh.

    Energy Sector
    In energy sector, CDWP recommended three megaprojects of worth 27 billion to Ecnec, including construction of new 132 kv Grid Stations & Transmissions Lines, Distribution Rehabilitation (Energy loss reduction) and Distribution Expansion. All the three projects were proposed by Sukkur Electric Supply Company to upgrade the power distribution system and ensure loss reduction by installation of new grid stations, transmission lines and transformers in Sukkur, Jacobabad and adjacent districts.
    Minister Ahsan Iqbal while approving the schemes instructed that all the three projects must be completed in one year period.

    Industries and Commerce
    A project of worth 490.036 million, titled 1000 Industrial Stitching Unit (Phase-1) was approved by CDWP, instructing for PC-1 revision. A committee was formed to report in 30 days and ensured complete rehash of this project to ensure its maximum benefits for youth of the country.

    Physical Planning and Housing
    CDWP approved two projects of construction of IB Offices along with CPEC and construction/ extension of residential accommodation of IB Academy worth 580.883 million.
    However, it instructed for revision of two projects in housing sector including extension of federal lodges at Karachi and consultancy services for Margalla International Convention Center, Islamabad.

    Transport & Communication
    The Central Development Working Party has approved a project of construction of Lahore Sialkot Motorway (LSM) Link (4-Lane) via Narang Mandi to Narowal, 73.3 Km worth 15.98 billion with observation to rationalize the cost.

    Posted on: 2017-04-11T18:55:00+05:00