ECNEC approves four major development projects


From Business Correspondent

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved four major development projects at a cost of Rs250 billion.

Its meeting was held here yesterday with Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh in the chair.

The meeting discussed a proposal for the construction of Lodhran-Multan Section of N-5 and construction of two flyovers at Railways Crossing at Lodhran Bypass and approved the project at cost of Rs12.434 billion.

The ECNEC also approved a project titled ‘Punjab Human Capital Investment Project’ at a cost of Rs32 billion to strengthen primary health facilities and introduce conditional cash transfer program.

The project to be completed in five years would be rolled out in 11 less-developed districts of Punjab, including Bahawalnagar, Bahawalpur, Bhakkar, Dera Ghazi Khan, Khushab, Layyah, Lodhran, Mianwali, Muzaffargarh, Rahim Yar Khan and Rajanpur.

The ECNEC also approved Khyber Pakhtunkhwa Irrigated Agriculture Improvement Project at a cost of Rs30 billion. The project to be completed in six years, would be rolled out in all 26 districts of the province.


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