Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

CDWP approves nine projects worth Rs 4.72 billion

byCustoms Today Report
08/01/2015
in Business
Share on FacebookShare on Twitter

You might also like

OGRA increases RLNG prices by up to 15.3pc in October

31/10/2026

Pakistan’s exports rise 7.7 percent to $8.5 billion in 1QFY-2027

30/10/2026

ISLAMABAD: The Central Development Working Party (CDWP) has approved nine projects in the education, culture, agricultural engineering, livestock, women development and communication sectors at a cost of Rs4.72 billion.The CDWP recommended to Ecnec for approval two projects in the energy and education sectors worth Rs14.64bn.The CDWP meeting chaired by Planning Minister Ahsan Iqbal approved a project for enhancement of research facilities at the University of Veterinary and Animal Sciences at Pattoki, costing Rs980.22 million.In the communication sector, it approved two projects worth Rs1.27bn for Shangla Hill Interchange on M-3 and the dualisation of the remaining portion of Sukkur bypass. A project for ‘Grow Green Gwadar and Smart’ worth Rs410m was approved.
Under the Pak-China Economic Corridor, a support project of the Ministry of Railways was also approved by the CDWP at a cost of Rs252m.
Other projects approved are: the second phase of archaeology community tourism field school project worth Rs52.53m; establishment of ‘Seerat Chairs’ in public sector universities involving Rs192m; strengthening of academic facilities at Shah Abdul Latif Bhitai University in Khairpur costing Rs712.60m; and strengthening of agricultural engineering and women development programme worth Rs843.18m.
The projects recommended to Ecnec are 500KV substation at Faisalabad west worth Rs1.1b, and the Balochistan education project costing Rs3.57b.
Addressing the meeting, Mr Iqbal said Pakistan could not afford to be left behind in the development race as other countries in the region were riding on the wave of Asian growth. “Our development strategy under ‘Vision 2025’ has brought a paradigm shift in priorities for allocation of resources,” he said.
Listing the seven priorities of the development strategy, Mr Iqbal said the first priority was to focus on human resource development and put people first in development process.
“Our neglect of human resource development has put us behind other nations. The Rs10b ‘National Human Resource Endowment Fund’ approved by the government is a proof of our commitment, he added.
The second priority, he said, was to focus on indigenous sources of growth for sustainable and inclusive growth. There is focus on research and development, innovation and export promotion. The target of increasing exports to over $150bn by 2025 is a step in this direction.
The third priority is to reform public sector and civil service to make it performance-driven and citizen-friendly, while the fourth priority is energy, water and food security. The neglect of this sector has brought unprecedented damage to economy with acute power and energy shortages and a looming water crisis. New dams and energy projects have been initiated to not only solve the crisis but also to cater for future demand, he said.
According to the planning minister, the fifth priority is to revamp productive sectors with strong academia and research input for value addition and Knowledge Economy. “We want to move from commodity to high-value platform. ICT sector is being developed as engine of growth,” he said.
The sixth priority is development of private sector and small and medium enterprises for job creation and investment, and the seventh priority is development of modern infrastructure for greater regional connectivity. He said the China-Pakistan Economic Corridor was a giant step in this direction. All development projects would be judged for their contribution and relevance to these priorities, he added.

Tags: CDWP approvesnine projects of Rs 4.72bn

Related Stories

OGRA increases RLNG prices by up to 15.3pc in October

byCT Report
31/10/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased regasified liquefied natural gas (RLNG) prices by up to 15.3%...

Pakistan’s exports rise 7.7 percent to $8.5 billion in 1QFY-2027

byCT Report
30/10/2026

ISLAMABAD: Pakistan’s remittances reached $10.9 billion in the first quarter of fiscal year 2026-27, marking a 14 percentage increase year-on-year,...

Wheat, flour prices expected to decline after imported wheat arrives

byCT Report
29/10/2026

KARACHI: A ship carrying 51,000 tonnes of imported wheat has arrived at Karachi Port, raising hopes of a decline in...

Pakistan to host global mining investors at PMIF26 on November 12–13

byCT Report
28/10/2026

ISLAMABAD: Pakistan will host its flagship minerals investment forum on November 12–13 in Islamabad, bringing together global mining leaders, investors...

Next Post

German’s Westwing receives €25m in new funding from Rocket Internet

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.