Ecnec approves Rs96bn projects for Balochistan

Published March 29, 2019
The Ecnec meeting presided over by Finance Miniter Asad Umar also cleared a proposal of the Ministry of Communications for introduction of Intelligent Transportation System.— APP/File
The Ecnec meeting presided over by Finance Miniter Asad Umar also cleared a proposal of the Ministry of Communications for introduction of Intelligent Transportation System.— APP/File

ISLAMABAD: The Executive Committee of the National Economic Council (Ecnec) on Thursday approved two development projects for Balochistan with a total cost of about Rs96 billion.

The Ecnec meeting presided over by Finance Miniter Asad Umar also cleared a proposal of the Ministry of Communications for introduction of Intelligent Transportation System (ITS) and allow construction of service areas by the private sector along the Western Corridor of the China-Pakistan Economic Corridor.

The Planning Division gave a presentation about the dualisation of Western Alignment of CPEC — Kuchlak-Zhob section N-50 (305km). The committee was briefed about the importance of the Western Corridor which would significantly benefit the people of Zhob, Kuchlak, Muslim Bagh, Pashin as well as Khyber Pakhtunkhwa and also facilitate Pak-Afghan trade.

The meeting approved Rs11bn land acquisition cost of the project that would be met from the savings of Public Sector Development Pro­gramme (PSDP) and no new allocation would be required in this regard. As such, the total project cost was approved at Rs79bn. This would include construction and dualisation of road, Kuchlaq-Zhob Section of N-50’ at a cost of Rs67.638bn.

The committee accorded approval to the proposal of Power Division to interconnect isolated areas of Gwadar and Makran with the national grid system of Pakistan. The committee directed the planning and power divisions to review the proposed financial structure of the project. The Power Division had proposed a cost of Rs17.42bn.

The meeting was informed that it was an important project for Gwadar’s development, connecting the southern remote region with the national grid. Since unavailability of electricity is one of the major hindrances in development of Gwadar, the interconnection facility would help Gwadar development. The project is expected to be completed in three years by the Quetta Electric Supply Company.

Published in Dawn, March 29th, 2019

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

Opinion

Editorial

Ties with Tehran
Updated 24 Apr, 2024

Ties with Tehran

Tomorrow, if ties between Washington and Beijing nosedive, and the US asks Pakistan to reconsider CPEC, will we comply?
Working together
24 Apr, 2024

Working together

PAKISTAN’S democracy seems adrift, and no one understands this better than our politicians. The system has gone...
Farmers’ anxiety
24 Apr, 2024

Farmers’ anxiety

WHEAT prices in Punjab have plummeted far below the minimum support price owing to a bumper harvest, reckless...
By-election trends
Updated 23 Apr, 2024

By-election trends

Unless the culture of violence and rigging is rooted out, the credibility of the electoral process in Pakistan will continue to remain under a cloud.
Privatising PIA
23 Apr, 2024

Privatising PIA

FINANCE Minister Muhammad Aurangzeb’s reaffirmation that the process of disinvestment of the loss-making national...
Suffering in captivity
23 Apr, 2024

Suffering in captivity

YET another animal — a lioness — is critically ill at the Karachi Zoo. The feline, emaciated and barely able to...