ISLAMABAD: The government has so far released Rs 1.342 billion for different ongoing projects of the Ministry of Information Technology and Telecommunication under Public Sector Development Programme (PSDP) this year.
As per data, China has released Rs1.15 billion for establishment of Cross-Border Optical Fiber Cable (OFC) System between China and Pakistan for international connectivity of Voice/Data Traffic for China Pakistan Economic Corridor (CPEC).
The government had earmarked Rs 922.804 million which included Rs 722.804 million local component and Rs 150 million foreign component.
However, the document on Saturday showed a total of Rs 1342.549 million have so far been released to IT and Telecom Ministry.
In addition to Rs 1.15 billion for fiber-optic project, a total of Rs 198 million fund was released for projects including Rs 13.44 million against Computerization of PM Secretariat (Phase-II) Islamabad project and Rs. 20 million for Construction of Cross – Border Optical Fiber Cable (OFC) System between China and Pakistan for international connectivity.
Similarly, the amount released for other projects included Rs. 2.46 million for e-Enablement of FIA, Islamabad against the budgeted Rs 6.1 million, Rs 3.2 million for Establishment of Coordination Unit at IT & Telecom Division (International Coordination Unit) against the budgeted Rs 8 million, Rs10 million for Extension of Islamabad Hospital (Hospital Management Information System) and Networking Facilities to Children Hospital (PIMS).
The government also released amount of Rs 45.8 million for GSM Expansion of NAs (All Areas) against estimated Rs 118.45 million, Rs 24 million for Laying of OFC to connect Remote Location of Gilgit-Baltistan (GB) and Azad Jammu and Kashmir (AJK) against the budgeted Rs 60 million, Rs 24 million for Provision of GSM Facilities in Neelum District of AJK (Phase-I) against Rs 60 million, Rs 36 million for Purchase of Land in Karachi and Lahore for establishment of IT Parks against Rs 350 million budgeted, Rs 4 million for Strengthening of Server Room at Ministry of IT, Islamabad and Rs 12 million for Site Development and Construction of Boundary Wall at Pakistan Software Export Board (PSEB) Site for Establishment of IT Park at Chak Shahzad, Islamabad.
Cotton prices surge as Pakistan’s ginning season begins in second week of May for first time
ISLAMABAD: Cotton and lint prices surged as Pakistan’s ginning cycle began in the second week of May for the first...
