CDWP Approved Projects Worth Rs142bn

ISLAMABAD: On Tuesday 13 development projects in the value of Rs142,5 billion, including five renewable energy projects in Punjab were clear from the Central Development Working Party (CDWP) of the Planning Commission and Karachi projects were referred to Ecnec.

The CDWP endorsed seven Rs10bn projects and suggested six Rs132.5bn mega projects to Ecnec. It suggested acceptance of the project for urban mobility in Karachi, also identified as the Rs56bn yellow BRT corridor to Ecnec.

The Government of Punjab has presented seven renewable energy projects, five of which have been authorized and two have referred to Ecnec.

Projects authorized were: Deg-Out drop hydropower plant worth Rs2,564 billion; Pakpattan hydropower station valued Rs1,81 billion; Okara hydropower station worth Rs2,49 billion; capacity building for the energy service of carrying out a feasibility study and hydro power plant construction in Punjab worth Rs388,55 million.

Ecnec was referred in Chianwali Hydro Power Plant at Gujranwala with a value of Rs3,642bn and in Marala Hydro Power Plant at Sialkot with costs of Rs4.621bn

Ecnec was suggested with regard to Physical Planning and Housing in Lahore to build a surface water treatment plant on a Rs19,951 bn at BRBD Canal.

The CDWP endorsed the rebuilding of the damaged school in Bara under Chinese assistance of Rs 23,23bn in the education sector. The CDWP has endorsed the project ' Punjab Sustainable Development Goals, ' valued PRs 400 m.

Ecnec was suggested for approval to construct the Peshawar-Torkham Morotway project for the transport and communication sectors costing Rs 36705bn which is a part of the Economic Corridor of Khyber Pass.

The development of higher education in Pakistan worth Rs11.567 billion has been examined and referred to Ecnec for further authorization in the field of science and technology.

A Planning Commission press release indicated that seven Asian Development Bank financing projects, three World Bank and one Beijing-based AIIB financing project have been undertaken by the Chinese funding agency.