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ECNEC approves several development projects worth Rs.209 bln

ECNEC approves several development projects worth Rs.209 bln
January 22, 2021

ISLAMABAD (Web Desk) – The Executive Committee of the National Economic Council have approved several projects regarding infrastructural and human development, education and water resources worth around 209 billion rupees.

The ECNEC, in its meeting in Islamabad with Finance Minister Dr. Abdul Hafeez Shaikh in the chiar, granted approval to construction of M-8, Gwadar-Ratodero Road Project, costing over 38 billion rupees.

The ECNEC also approved and provision of advanced skills development through international scholarship Phase-1 for Master and PhD programs at a cost of 13.361 billion rupees. The project is part of a Prime Minister Knowledge Economy Task Force Initiative, enabling the youth to access higher education opportunities abroad.

Greater Karachi Water Supply Scheme of over 25 billion rupees was also approved to provide additional 260 million gallon water per day to Karachi.

The ECNEC accorded approval to the “Khyber Pakhtunkwa Human Capital Investment Project” costing over 18 billion rupees to upgrade basic education infrastructure in four districts of province.

The ECNEC approved construction of 23 dams in Balochistan as part of "Construction of 100 Dams in Balochistan- Package IV ” at cost of over 13 billion rupees.