ECNEC Approves 12 Projects Worth Rs.327bln
The Executive Committee of the National Economic Council (ECNEC) authorized 12 development projects totaling Rs326.703 billion on Friday, with directives to reduce the cost of Pak University of Engineering and Emerging Technologies (PUEET).
Minister for Power Hammad Azhar, Adviser to the Prime Minister on Commerce Abdul Razak Dawood, and Adviser to the Prime Minister on Institutional Reforms and Austerity Dr. Ishrat Hussain attended the meeting, which was chaired by Federal Minister for Finance and Revenue Shaukat Tarin at the Cabinet Division.
Six road development projects, three dam projects, two educational projects, and one IT park project have all been approved.
ECNEC authorized a 128-kilometer dualization of Lilla Interchange (M-2) via Pind-Dadan Khan to Jhelum, including Bypass (2 numbers), at a rationalized cost of Rs12.760 billion. Two bypasses, bridges across nullahs, culverts, and retaining /breast/ toe walls are all part of the project’s scope. This project would take three years to complete.
ECNEC also authorized the construction of the 228-kilometer Panjgur-Gichak-Awaran Road at a cost of Rs14.68 billion.
Inter-Provincial Connectivity Economic Corridor through Gilgit- Baltistan and AJK (Thallichi GB-Shounter AJK), widening and rehabilitation of Astore Valley Road, Package I-IV 103km, Package IV-VII 18km, and total length 121km (package I to V and VII) Project was approved at the rationalized cost of Rs19.195 billion.
ECNEC also authorized the 330.52-kilometer dualization of the National Highway (N-25) between Khuzdar and Kuchlak at a PC-I cost of Rs81.582 billion. The project would be built in Balochistan’s districts of Khuzdar, Surab, Kalat, Mastung, Quetta, and Kuchlak. The implementing agency would be the National Highway Authority (NHA).
Construction of Shandoor-Gilgit Road, a 216km Project in Gilgit-Baltistan was approved at the PC-I cost of Rs49.946 billion. NHA would execute the project.
The meeting approved Sindh Early Learning Enhancement through Classroom Transformation Project at the estimated cost of Rs27.162 billion.
Gish Kaur Storage Dam, Sami Kallag, District Kech Project was approved at the total cost of Rs11.789 billion. The dam has a storage capacity of 0.04580 million acre feet (MAF), with the capacity to irrigate 13,800 acres of command area.
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The Awaran Dam Project was approved at the total cost of Rs14.86 billion. The establishment of the University of Applied Engineering and Emerging Technologies (UAEET) at Sialkot, Punjab, was approved at a cost of Rs16.648 billion, which would be funded by the Punjab government’s ADP 2021-22.
ECNEC also authorized the establishment of IT Park, Karachi, at a cost of Rs31.199 billion. Pakistan Software Export Board will carry out the project.
The meeting also approved PUEET Phase I in principle at the total cost of Rs23.551 billion. However, ECNEC directed that the cost of the project should be further rationalized in three months and ECNEC should be informed on the same.