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Govt Approves New Projects Worth RS 234bn SBDP Phase-II

The federal government has approved 90 percent or Rs 234 billion of the projects under Southern Balochistan Development Programme (SBDP) Phase-II.

Read: Anti-Encroachment Drive on Cards for Peshawar Revival Plan’s Execution

The new approved projects have been included in the Federal Public Sector Development Programme (PSDP) 2021-22 for which Rs 25.72 billion have been allocated in the current fiscal year, according to an official in ministry of planning.

In November last year, the federal government had announced a Rs 600 billion package for development of nine least developed districts of South Balochistan including Washuk, Lasbela, Gwadar, Panjgur, Turbat/Kech, Khuzdar, Awaran, Kharan, and Chagai.  According to the plan, the federal government agreed to fund Rs 540 billion while the rest Rs 60 billion would be provided by the provincial government.

Read: Cherat Cement Records Rs 3.21 billion Profit

Additionally, CDWP has accorded approval for the installation of a 1.2 MGD desalination plant at Gwadar Port through a Chinese grant. He hoped that the desalination plant would be completed within 6 – 9 months as per direction of the planning minister. Similarly, a contract for High-Speed Broadband Connectivity along M-8 and National Highways is also likely to be awarded by the 3rd quarter of 2021.

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