June 7, 2021: The Executive Committee of the National Economic Council has approved various projects worth over Rs326billion rupees.
The ECNEC, which met in Islamabad with Finance Minister Shaukat Tarin in the chair approved dualization of Lilla Interchange at M-2 via Pind-Dadan Khan to Jhelum including two bypasses at a cost of Rs12.760bn.
The other key projects approved by ECNEC are included the reconstruction of 115 kilometer long Turbat-Mand Road from M-8 till Iranian Border-Radeeq costing Rs10.461bn.
It also approved Construction of Panjgur-Gichak-Awaran Road, District Panjgur/ Awaran, 228 Km Project at the rationalized cost of Rs14.68bn.
Inter Provincial Connectivity Economic Corridor Through Gilgit- Baltistan and AJK(Thallichi GB- Shounter AJK), widening and rehabilitation of Astore Valley Road, Package i-iv_ 103 KM, Package iv-vii_ 18 KM, and total length 121 KM (package I to V and VII) Project was approved at the rationalized cost of Rs19.195billion.
Dualization of Khuzdar-Kuchlak Section of National Highway (N-25), 330.52 Km Project was approved at PC-I cost of 81.582 billion rupees. Construction of Shandoor Gilgit Road, 216 Km Project was approved at the PC-I cost of Rs49.946bn.
Gish Kaur Storage Dam, Sami Kallag, District Kech Project was approved at the total cost of Rs11.789bn. The dam will have the storage capacity of 0.04580 Million Acre Feet and will provide irrigation facility to 13800 acres of command area.
The Establish of IT Park, Karachi, was also approved by ECNEC at the total cost of Rs31.199bn.
Pak University of Engineering and Emerging Technologies Phase-I was also approved in principle at the total cost of Rs23.551bn rupees. ECNEC directed that the cost of the project may be further rationalized in 3 months and ECNEC should be informed on the same.