ECNEC approves a summary regarding construction of Gwadar-Ratodero Road
ECNEC
The Executive Committee of the National Economic Council (ECNEC) on Thursday considered and approved a summary regarding construction of Gwadar-Ratodero Road Project (M-8).
The road construction project is sponsored by the Ministry of Communication and executed by NHA at a rationalized cost of Rs 38,026.28 million.
Federal Minister for Finance and Revenue Dr Abdul Hafeez Shaikh chaired a meeting of the ECNEC at Cabinet Division.
The ECNEC approved the project in view of its strategic importance as it will facilitate connectivity for CPEC projects through improved road linkages.
A summary was presented before ECNEC regarding provision of Advanced Skills Development through International Scholarship Phase-1 for Master and PHD programs to be executed by the Higher Education Commission (HEC).
The project is part of a Prime Minister Knowledge Economy Task Force Initiative which will enable our youth to access higher education opportunities in well-reputed international universities.
ECNEC approved the project at a rationalized cost of Rs. 13.361 billion. A summary regarding Greater Karachi Water Supply Scheme (K-IV) 260 MGD (phase-1) was presented before ECNEC. The project would provide additional 260 MGD water to Karachi at the total cost of Rs. 25,551.77 million.
The expected period of completion is 04 years. ECNEC approved the project for provision of environment friendly water sanitation and waste management infrastructure / facilities to residents of Karachi.
Similarly, a project titled ‘Solid Waste Emergency and Efficiency Project (SWEEP)’ was presented before the Committee sponsored by the Local government, Housing and Town Planning Department, Government of Sindh with total cost of Rs. 16,800 million including IBRD-World Bank loan of Rs. 16,000 million.
The project is designed to mitigate the risk of widespread flooding caused by inadequate solid and liquid waste management during monsoon season and to improve the Solid Waste Management (SWM) infrastructure and service delivery with a view to transform Karachi into an eco-friendly city in the long run.
ECNEC considered and approved the “Khyber Pakhtunkwa Human Capital Investment Project” (KPHCIP) (Education Component) at the total cost of Rs.18910.255 million ($115 million).
The Project has been financed by the World Bank/IDA. The Project is envisioned to upgrade basic education infrastructure in the districts of Peshawar, Haripur, Noshera and Swabi of the Khyber Pakhtunkhwa Province.
The project for the “Construction of 100 Dams in Balochistan- Package IV (23 Dams)” was approved by ECNEC at the total cost of Rs.13, 512.725 million. Irrigation Department, Government of Balochistan will execute the project and it will complete in 03 years.
Realizing the water scarcity in the Province of Balochistan, the project is designed to harness flood flows for direct irrigation, ground water recharge and agricultural development through construction of small dams throughout the Province.
