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Home Business & Stock

CDWP approves four projects worth over Rs16 billion

MM News Staff by MM News Staff
August 7, 2020
Reading Time: 2 mins read
ISLAMABAD: Central Development Working Party (CDWP) approved four projects worth Rs. 16.112 billion and recommended two projects worth Rs. 44.172 billion to Executive Committee of the National Economic Council (ECNEC) for consideration.
The meeting was chaired by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan. Additional Secretary Planning Humair Karem, senior officials from Planning Commission and federal ministries also participated in the meeting while representatives from provincial governments participated through video conference.
A wide range of projects related to energy, culture sports and tourism, transport and communication, food and agriculture, and governance were presented in the meeting.
A project related to Energy titled “Establishment of 48MW Jagran Hydropower Station Phase-11 District Neelum, AJK” worth Rs. 11,372.135 million was referred to ECNEC for further approval.
The proposed project envisages the construction of 48 MW Jagran Hydro Power Station. The project is a run-off river and located in district Neelum.

READ MORE: CDWP approves 7 projects worth over Rs29 billion for Balochistan

A project related to culture Sports and Tourism namely “Heritage & Urban Regeneration in Lahore Tourism Development in Lahore Fort and its Buffer zone” worth Rs. 3,655 million was approved in the meeting.
The project envisages the restoration and preservation of various components of Lahore Fort along with rehabilitation, reconnection of the fort with Walled City and upgradation of outskirts.
Three projects related to transport & communication were presented in the meeting. The first project titled “Rehabilitation of Pasni Fish Harbor Project” worth Rs. 1454.987, second project “Infrastructure up-gradation of Karachi shipyard & Engineering works Ltd” worth Rs. 7789.2 million, and third project titled “Construction of Road from Zeyara to Dabori, District Orakzai” were approved in the meeting.
A project related to Food & Agriculture namely “Locust Emergency and Food Security Project” worth Rs. 32,800 million were referred to ECNEC.
This project will carry out in 18 districts of four provinces and aims to enhance food security and growth of the sector through control the locust outbreak, strengthening the national food security system and mitigate negative social and economic impact associated with locust attack.
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