Tag: ECNEC

  • CDWP gives go-ahead to 10 development projects valued at Rs115 billion

    CDWP gives go-ahead to 10 development projects valued at Rs115 billion

    In a key meeting held on Friday, the Central Development Working Party (CDWP) approved a total of 10 development projects, with an overall cost of Rs115.458 billion.

    Out of these, eight projects totaling Rs17.297 billion were given the green light by the CDWP forum, while two projects, valued at Rs98.161 billion, were recommended to the Executive Committee of the National Economic Council (ECNEC) for final approval.

    Deputy Chairman Planning Commission Mohammad Jehanzeb Khan chaired the meeting, attended by Secretary Planning Awais Manzur, Planning Commission members, Additional Secretary Planning, and representatives from federal ministries and provincial governments.

    The meeting’s agenda covered a range of sectors, including agriculture and food, energy, governance, health, higher education, physical planning and housing, science and technology, transport and communication, and water resources.

    A notable project from the agriculture and food sector, the “Sindh Livestock and Aquaculture Development Project,” valued at Rs38.36 billion, was recommended to ECNEC for final approval.

    This World Bank-assisted project aims to improve competitiveness, inclusivity, climate resilience, and sustainability in Sindh’s livestock and aquaculture sectors.

    Another significant project from the energy sector, the “765/500/220/132kV Islamabad West Substation,” worth Rs59.801 billion, was also referred to ECNEC for final approval.

    This World Bank-backed initiative is part of the National Transmission and Modernization Project Phase-I and aims to address increasing power demands in the Islamabad region through a new substation and related transmission lines.

    The governance sector saw approval for the “Modernization and Upgradation of Pakistan Mint Phase-II” project, costing Rs2.48 billion, as well as the “Federal Project Management Unit (FPMU) Post-Flood 2022 Reconstruction Program” project, valued at Rs2.38 billion.

    In the physical planning and housing sector, five projects were discussed, including the “Smart Environmental Sanitation System and Landfill Project” in Gwadar, worth Rs3.277 billion, and the “Construction of Audit House, Lahore,” valued at Rs1,528.931 million. Both projects received approval from the CDWP forum.

    A project related to science and technology, the “Establishment of Regional Nuclear Safety Inspectorate at Lahore,” costing Rs515 million, was also approved by the CDWP. This project aims to enhance nuclear safety and oversight in the region.

    The approval of these projects underscores the government’s commitment to advancing critical infrastructure, promoting sustainable development, and addressing energy needs, among other priorities. The recommendations to ECNEC signal the importance of these projects for the country’s growth and development.

  • ECNEC approves multi-billion rupee initiatives for education, healthcare, and infrastructure 

    ECNEC approves multi-billion rupee initiatives for education, healthcare, and infrastructure 

    The Executive Committee of the National Economic Council (ECNEC) recently convened to review and approve nine projects valued at Rs371.85 billion across various sectors, as detailed in a press release from the Finance Division.   

    Among the sanctioned projects is the Khyber Pakhtunkhwa Food Security Support Project, with a budget of Rs25.098 billion, aimed at addressing climate vulnerabilities, enhancing food security, and improving livelihoods in flood-affected districts of KP province over a five-year period.  

    In Sindh, the ECNEC approved the “Sindh School Rehabilitation Project under Flood Restoration Programme,” valued at Rs86.081 billion, with the goal of rehabilitating 1607 schools in districts severely affected by rain/floods.   

    Another KP-focused initiative, the “Education Component: Refugees & Host Communities Regional Sub-Windows SH Khyber Pakhtunkhwa Human Capital Investment Project (KP-HCIP),” received approval at a cost of Rs32.835 billion, targeting the rehabilitation and reconstruction of 1165 damaged schools in 13 districts.  

    Additional projects approved include the “Prime Minister’s Laptop Scheme” (Rs16.801 billion), Khyber Pakhtunkhwa Human Capital Investment Project (Health Component) (Rs24.225 billion), Women Inclusive Finance (Rs31.413 billion), Thar Coal Railway Connectivity (Rs53.727 billion), Peshawar Northern Bypass Project (PNBP) (Rs27.052 billion), and the Greater Thal Canal Project (Phase-II), which was deferred for further consultation.  

    The ECNEC also granted permission for the Sindh Barrage Improvement Project (Phase-II), allocating Rs74.618 billion for the rehabilitation and modernization of Sukkur Barrage and remaining works for Guddu Barrage.   

    Chaired by Dr. Shamshad Akhtar, the caretaker Federal Minister for Finance, Revenue & Economic Affairs, the meeting involved discussions among government officials.   

    The approved projects cover diverse areas such as education, healthcare, infrastructure, and disaster recovery, reflecting a comprehensive approach to addressing various socio-economic challenges across provinces.