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CDWP approves 20 projects worth Rs512b

byCustoms Today Report
30/10/2015
in Business
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ISLAMABAD: The Central Development Working Party (CDWP) has approved 20 development projects of worth Rs512 billion and referred three to the Executive Committee of the National Economic Council (ECNEC).

The CDWP meeting was held under the chairmanship of Federal Minister Planning, Development and Reform Ahsan Iqbal. The meeting was attended by senior officials of concerned ministries, and representatives of the sponsoring agencies and provincial governments.

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The meeting approved Neelum Jhelum Project with the enhanced cost of Rs444,034 million and referred it to the ECNEC.

Three projects recommended to the ECNEC include Advance Metering Infrastructure Project in Rawalpindi Circle and New Customer Information and Billing System for the entire company in Islamabad Electric Supply Company worth Rs 18546 million having the FEC Rs8753 million, Advance Metering Infrastructure Project in second and fifth circle and new customer information and billing the entire company in LESCO worth cost Rs 30597 million with FEC Rs13016 million and Neelum Jhelum Hydroelectric Project having a total cost Rs444,034 million.

The approved projects were mainly related to energy, education, transport & communication, railway, industry & commerce, physical planning & housing, and water resource.

The projects approved include Capacity Building of Teachers Training Institutions & Training of Elementary Schools Teachers in Balochistan with the cost of Rs146.37 million. Technical Support Unit of Pakistan Italian Debt Swap Agreement will cost Rs 108.4 million. Establishment of Technology Development Fund for HEC Scholars Returning after completion of PhD to introduce new technologies will cost Rs3,792.532 million. Establishment of University at Sibi Balochistan (Part-I) will cost R.584.363 million having Rs190.617 million.

Provision of Necessary Operational Facilities for King Abdullah Campus, University of Azad Jammu & Kashmir Muzzafarabad will cost Rs 574.139 million. Subsidy to scholars abroad under cultural exchange programme HEC (Phase-II will cost Rs709.218 million with Rs612 million FEC. Development of Fatima Jinnah Women University Rawalpindi Campus II will cost Rs983.449 million. Provision of Higher Education Opportunities for Students of Balochistan and FATA (Phase-II) will cost Rs2994.272 million.

Construction of black top road from Matkund to Kalkani Adda District Dera Bugti will cost RRs144.490 million. Construction of structure works of Sohrain Road on Rakhni Baiker Road District Dera Bugti will cost Rs28.683 million. Conversion of 260 passenger coaches from 110 AC/24 DC Volts to 220 Volts will cost Rs400 million with Rs113.090 FEC.

The committee also approved Protecting irrigation system near head regulatory Bakaini, Area of Bait Daryai and Gabbar Arian from Hectic Erosive Action of Indus River will cost Rs532.440 million.

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