ECNEC approves four development projects

ISLAMABAD: Executive Committee of the National Economic Council (ECNEC) has approved four major development projects at a cost of 250 billion rupees.

The announcement came during a meeting of ECNEC in Islamabad today (Thursday). The meeting was chaired by Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh.

According to a press release, the meeting discussed a proposal for the construction of the Lodhran-Multan Section of N-5 and the construction of two flyovers at Railways Crossing at Lodhran Bypass.

The meeting approved a project – Punjab Human Capital Investment Project – at a cost of Rs 32 billion to strengthen primary health facilities.

“The project will be completed in five years and would be rolled out in 11 less-developed districts of Punjab,” the press release added.

The committee has also approved the Khyber Pakhtunkhwa Irrigated Agriculture Improvement Project at a cost of 30 billion rupees, which will be completed in six years.  

The ECNEC also considered the Diamer Bhasha Dam project and accorded in-principle approval to it. “The project to be completed at a cost of 175.43 billion rupees,” the press release added.