Nawaz approves allocation for Bhasha, Dasu dams, motorways

Published May 23, 2014
Prime Minister Nawaz Sharif. – File Photo
Prime Minister Nawaz Sharif. – File Photo

ISLAMABAD: Prime Minister Nawaz Sharif on Friday approved allocation for construction of Diamer-Bhasha Dam (4500 MW), Dasu Hydro Power Project (2160 MW), Construction of Faisalabad-Khanewal Motorway and Rawalpindi-Islamabad Metro Bus project.

Presiding over a meeting to finalise the Public Sector Development Program (PSDP) allocation for financial year 2014-15 here at the PM House, he said these projects would not only create millions of job opportunities in the country but also raise the living standards of the people.

Prime Minister Sharif said that development projects initiated by the Pakistan Muslim League-Nawaz (PML-N) government have taken the country on to the road of progress and will usher in an era of prosperity.

According to a press release, the premier told the participants that each penny in the national kitty was a public trust and emphasised upon efficient use of public money.

The meeting was attended by Finance Minister Ishaq Dar, Planning Minister Ahsan Iqbal, MNA Hamza Shahbaz Sharif, MNA Capt (retd) Safdar and senior officials of the concerned ministries.

The prime minister was given a detailed briefing on the PSDP projects included in the next financial year budget. He was told that each project, whether small, medium or large had been evaluated with reference to cost, importance, priority and time frame.

Sharif directed to expedite work on Lahore-Karachi Motorway. He was told that the work on this project would be started by end of current year.

The meeting also discussed and approved the initiatives of feasibility studies; for construction of new rail link from Islamabad to Muzaffarabad via Murree, construction of new rail link from Havelian to Pakistan-China Border, connect Gawadar with Karachi through rail, approach roads to new Islamabad International Airport, new Gawadar International Airport project, jetty and infrastructure development at Gaddani, Gawadar Port Economic Free Zone project, Pakistan-China Technical and Vocational Institute at Gawadar and Quaid-i-Azam Solar Park at Lal Sohnra Park Phase-II (600 MW).

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Killing fields
Updated 09 Jul, 2025

Killing fields

Israeli state seeks to ethnically cleanse the occupied territories of their Palestinian inhabitants, and forever obstruct the chances of a viable Palestinian state.
Crypto rush
09 Jul, 2025

Crypto rush

STEP by step, Pakistan is, at least on paper, moving closer to recognising, adopting and regulating cryptocurrencies...
Another plan
09 Jul, 2025

Another plan

FAILING to plan is planning to fail, as the old saying goes. This seems to have occurred in the case of Karachi, a...
Green tokenism
Updated 08 Jul, 2025

Green tokenism

Climate decisions must be based on facts, not politics — guided by independent science and open to public scrutiny.
Cotton decline
08 Jul, 2025

Cotton decline

PAKISTAN’S cotton economy is in a crisis. Production has fallen from a peak of 14m bales 10 years ago to 5.5m ...
Pet problems
08 Jul, 2025

Pet problems

PAKISTANIS’ obsession with exotic pets keeps ending in tragedy. Incidents like the recent lion attack in a Lahore...