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    CDWP gave go-ahead to Nine projects worth Rs. 224bn

    CDWP gave go-ahead to Nine projects worth Rs. 224bn

    Chitral Times Report

    ISLAMABAD: The CDWP meeting presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, approved 5 development projects with a cost of Rs 10.022bn & recommended 4 project, worth Rs. 213.86bn to the Executive Committee of the National Economic Council (ECNEC) for further consideration. Secretary Planning Awais Manzur Sumra, senior officials from Planning Commission and Federal Ministries/Divisions participated in the meeting, while Chairman/ACS (Dev) from Provincial Governments also participated in the meeting. Projects related to Food & Agriculture, Education, Energy, Physical Planning & Housing, Science & Technology, Social Welfare, Transport & Communication and Water Resources sectors were considered in the meeting.

    A project related to Food & Agriculture sector, namely ‘Khyber Pakhtunkhwa Food Security Support Project, of worth Rs. 24,640 million has been forwarded to ECNEC for further approval. This project will be executed in multiple districts of KPK, including Charsadda, Dera Ismail Khan, Malakand, Nowshera, Peshawar, Swat, and Upper Dir. The project is proposed to be financed through foreign funding by Asian Development Bank In the CDWP forum, a project related to the Education Sector namely ‘Rehabilitation of Schools in Balochistan Affected by Flooding’ has been granted approval with a total cost of Rs. 1400 million in the meeting. The location of the project includes districts of Balochistan i.e., Lasbela, Dera Bugti, Quetta, Sibi, Naseerabad, Chaman, Kalat, Khuzdar, Sohbatpur, Kachhi, Killa Abdullah, Jaferabad, Killa Saifullah, Panjgur, Mastung, Musakhel & Jhal Magsi.

    The project source of financing is federal PSDP. The project aims to rehabilitate and restore schools that have been severely affected by floods, with the objective of improving schooling opportunities for students in the flood affected areas of Balochistan. Another project from Education Sector presented in the forum namely “Sindh school rehabilitation project under flood restoration program” worth Rs. 83187.500 million recommend to ECNEC for further consideration. The provincial government will bear 10% of the total cost (7562.50 million) and ADB will pay rest of the 90% (75625 million). The project will cover 17 districts of the Sindh. This project includes the construction of completely and partially damaged schools and up-gradation of 62 primary schools to the secondary, middle and higher secondary level by construction new blocks.

    A project related to Physical Planning & Housing sector presented in the forum namely “Permanent settlement of IIOJK Refugees 1989 onwards (phase-1)” and approved at the cost of Rs. 3096.500 million. The location of the project is Bagh, Hattian Bala, Kotli and Muzaffarabad districts of AJK. A project related to Social Sector namely “Women Inclusive Finance Development Program” was presented. This project, valued at Rs. 31,413.047 million, has been referred to ECNEC for further consideration. It aims to support Women entrepreneurs across Pakistan. The Ministry of Finance (MoF) is designated as the executing agency for this funding proposed to come from foreign sources, specifically ADB.

    The implementation agency is the State Bank of Pakistan (SBP), which will establish a Project Implementation Unit (PIU). The PIU’s expenses will be covered by SBP’s own funds. The financing will be overseen by a steering committee led by the Executive Director of SBP, with members from relevant stakeholders. A project related to Transport & Communication presented in the meeting namely “Construction of BT Road Nagor Sharif to Suntsar 54 km (Revised)” worth Rs 2399.180 approved by the CDWP forum.

    A project related to Transport & Communications presented in the meeting namely “Improvement & Reconditioning of Noseri Leswa By-Pass road, length 52-Km District Muzaffarabad Neelum, AJK” worth Rs. 1622.045 million has been approved in the CDWP forum.

    A project related to Water Resources presented in the meeting namely “Sindh Barrages improvement project phase-II (Rehabilitation and Modernization of Sukkur Barrage and remaining works for rehabilitation and modernization of Guddu Barragge)” worth Rs. 74618.340 million has been referred to ECNEC for further approval. A project related to Science & Technology sector was presented namely “Establishment of PAK-Korea Testing Laboratory for PV Modules and Allied equipment (Revised)” worth Rs. 1504.955 has also been approved by the forum.

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