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ECNEC Approves 12 Projects Worth RS 267 Billion

Development projects totaling more than Rs. 267 billion were approved by the Executive Committee of the National Economic Council (ECNEC).

Dr. Abdul Hafeez Shaikh, the federal minister of finance and revenue, recently presided over a meeting of the Executive Committee of the National Economic Council (ECNEC).

Read More: CDWP Green-lights Two Projects

According to the specifics, a summary of the Khyber Pakhtunkhwa Human Capital Investment Project (Health Component), which will be sponsored and carried out by the government of Khyber Pakhtunkhwa’s Department of Health and funded by the World Bank – IDA to the tune of Rs. 13,260 million, was presented before ECNEC.

The National Highway Authority would widen and renovate the current 02-lane carriageway on the Shikarpur-Rajanpur portion of Indus Highway N-55. The ECNEC evaluated and approved a summary about these projects (NHA).

The project’s implementing organizations will be the Karachi Water and Sewerage Board and WAPDA. The Federal Government and the Government of Sindh will each contribute 50 percent of the project’s overall cost, which is estimated to be Rs. 25,551.77 million.

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