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13 projects worth Rs13.87b okayed, 7 referred to Ecnec

byMatiur Rehman
03/12/2015
in Business
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ISLAMABAD: The Central Development Working Party (CDWP) meeting, chaired by Minister Planning, Development and Reform Prof Ahsan Iqbal, has okayed 13 projects worth Rs13.87 billion, and also referred 7 projects worth Rs1414.68 billion to the Executive Committee of the National Economic Council.

As many as 24 projects of the education, energy, health, Higher Education Commission (HEC), information technology, physical planning and housing, transport and communication and water sectors were considered. For all these projects, the foreign exchange component (FEC) portion was Rs489.463 billion, whereas allocations in the Public Sector Development Programme 2015-16 have been made to the tune of Rs5.35 billion.

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Two approved projects of the education sector were: establishment of Federal College of Home Economic Management Sciences and Specialised Disciplines F-11/1, Islamabad (revised) worth Rs1.926 billion, and establishment of Cadet College Kharan Balochistan at a total cost of Rs1.382billion.

Out of three projects of the health sector, two were approved by the CDWP, while the third was referred to the ECNEC. The establishment of Islamabad General Hospital at Tarlai Islamabad will cost Rs2.718 billion, and upgradation of cardiology services at the Punjab Institute of Cardiology Lahore worth Rs158.12 million (FEC) were approved by the CDWP.

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