ECNEC approves project worth Rs 230 billion belonging to water, power and roads

News Image

MG News | July 10, 2017 at 07:22 PM GMT+05:00

0:00

The Executive Committee of the National Economic Council (ECNEC) met at the Prime Minister's Office on Monday, and approved various federal and provincial development projects. Finance Minister, Senator Mohammad Ishaq Dar, chaired the meeting.

ECNEC considered the proposal regarding Koto Hydropower Project, and approved the project at a revised cost of Rs. 13,998.89 million. Under the project, construction of 40.8 MW Koto Hydropower station would be undertaken on Panjkora River.

ECNEC also approved the Peshawar Sustainable Bus Rapid Transit Corridor Project at a cost of Rs. 49,346 million. The project envisages construction of a 25.8 km long 2-lane dedicated signal free Bus Rapid Transit (BRT) main Corridor, including 32 stations.

ECNEC also considered and approved the Enhancing Public Private Partnerships in Pakistan (Provincial Support) Project for Sindh at a cost of Rs. 19,289.01 million. The project is aimed at enhancing capacity of the Government of Sindh to select and develop Public Private Partnership projects.

ECNEC discussed and approved the project for Integration of Health Services Delivery with Special Focus on MNCH, LHW, and Nutrition Programme in Khyber Pakhtunkhwa at a revised cost of Rs. 13,926.63 million. The project is being partly financed through grant aid from DFID and Aus-Aid. The project will cover all 25 districts of Khyber Pakhtunkhwa.

ECNEC also approved the project for Establishment of Children Hospital at Bahawalpur (Phase-1) with total cost of Rs. 5,008.376 million. Phase-1 of the project envisages construction of a 235-bedded hospital. Total bed capacity would increase to 495 beds after completion of Phase-2.

ECNEC considered and approved the project for Prime Minister's Youth Skill Development Program (Phase-IV) 2017-18 at a total cost of Rs. 6,196.50 million. Under the project, around 100,000 young aspirants will be trained in demand-driven market-oriented trades / courses of 3-6 months.

ECNEC also approved the project for Construction of Rathoa Haryam Bridge and Approaches Across Reservoir Channel on Mirpur – Islamgarh Road at a revised cost of Rs. 6,480.159 million. The project entails construction of 2 lanes (7.3m wide), 7,217m roadway with allied structures. The project is a component of the Mangla Dam Raising Project.

ECNEC considered and approved the ‘Karachi Neighborhood Improvement Project (KNIP) Karachi Transformation Strategy (KTS)’ at a cost of Rs. 10,260.60 million. Under the project, measures would be taken for public space and mobility improvements in selected neighbourhoods, and to improve citizen services and city capacity development.

ECNEC granted approval to a project for Improvement, Upgradation and Widening of Jaglot – Skardu Road (S-1, 164 km) at a revised cost of Rs. 32,325.6 million.

ECNEC considered and approved a project for Improvement and Widening of additional 2-lanes on either side of Thokar Niaz Baig to Hudyiara Drain Multan Road N-5 (KM 10 + 170) in Lahore, at a cost of Rs. 10,397.3 million.

ECNEC also considered and approved the Punjab Irrigated-Agriculture Productivity Improvement Project at a revised cost of Rs. 67,459 million. The project entails rehabilitation / completion of improvement works on 6,000 canal irrigated watercourses, development / rehabilitation of 4,000 irrigation schemes outside the canal commands, provision of 6,000 additional laser units to farmers / service providers for field levelling, and completion of installation of drip / sprinkler irrigation system on 120,000 acres.

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25


July 11, 2025 at 04:19 PM GMT+05:00

Ideal Spinning Mills to exit spinning business



Top 5 things to watch in this week

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