ECNEC approves projects worth Rs265bn

December 23, 2021: Executive Committee of the National Economic Council (ECNEC) approved projects worth Rs265 billion, said a press release issued on Wednesday.

ECNEC considered and approved revised project for Construction of Hyderabad –Sukkur Motorway on Built Operate Transfer (BOT) basis with a cost of Rs 191,471.074 million.

The project to be executed by the National Highway Authority (NHA) and envisages construction of 306 Km long, 06 – lane wide, divided fenced between Hyderabad and Sukkur

ECNEC also approved the project of Land Acquisition for Lai Expressway & Flood Channel, Rawalpindi worth Rs 24,960.7 mn with directions that no expenditure will be incurred till completion of EIA report and approval of the project from the PPP Board. The project will be executed by Rawalpindi Development Authority (RDA).

The Project envisages the acquisition of 750 Kanals of land to provide a clear Right of Way for construction of the Lai Nullah Expressway and flood Channel Project which would constitute an integral part of the transportation network of Rawalpindi besides flood mitigation and sewage disposal.

ECNEC also approved a project on the construction of Rawalpindi Ring Road – R3, the main carriageway from Baanth (N-5) to Thallian (M-2) amounting to Rs 23,606.214 mn with the condition to acquire the concurrence of Planning Commission and inclusion of Axel load management in the project.

Provincial ADP will finance the project and Rawalpindi Development Authority (RDA) will execute the project for the construction of 6 lanes access-controlled Rawalpindi Ring Road 38.3 Km in length

ECNEC also approved the revised Southern Punjab Poverty Alleviation Project (SPPAP) worth Rs 25,243.131 mn. Contributions from the International Fund for Agriculture Development (IFAD), the Government of Punjab, and beneficiaries will assist the funding of the project spread over ten districts of Punjab.

ECNEC also discussed in detail and deferred Greater Thal Canal Project (Phase-II) with observations to discuss in the next meeting after considering the technical aspect of the project, inclusion of comments of Sindh province in the report of CDWP, and addressing the reservations of all the stakeholders.

The meeting was chaired by the Adviser to the Finance and Revenue Mr. Shaukat Tarin.

Federal Minister for Planning, Development and Special Initiatives, Mr. Asad Umer, Federal Minister for Industries and Production, Makhdoom Khusroo Bakhtiar, Federal Minister for Energy Mr. Hammad Azhar, Adviser to the PM on Commerce and Investment Abdul Razak Dawood, Minister for Irrigation Department Punjab Muhammad Mohsin Leghari, Federal Secretaries and other senior officers from Federal as well as Provincial Governments participated in the meeting.

Press Release