ECNEC approves four projects worth Rs 289bn

ECNEC approves four projects worth Rs 289bn, said Minister for Planning, Development and Special Initiatives Asad Umar.

In his tweets on Thursday, he said that the Executive Committee of National Economic Council (ECNEC) had approved four projects.

ECNEC approves four projects worth Rs 289bn

The minister said ECNEC meeting held in Islamabad today.

Approved projects include Sukkur-Hyderabad motorway, Hhoshab-Awaran-Khuzdar section of M-8, Sswat expressway, Chakdara to Fatehpur section and addition of linkage of Khyber Agency to Khyber Pass economic corridor.

ASad Umar said land acquisition for Sukkur-Hyderabad motorway had already been nearly completed at a cost of Rs. 24 billion.

“Now the ECNEC approval of building motorway through Build Operate Transfer (BOT) structure at an estimated cost of Rs. 165 billion was given today,” he added.

The Hoshab-Awaran segment of M-8 motorway will further enhance connectivity of Balochistan, and play an important role in providing connectivity to the future trade through Gwadar with central Pakistan.

Asad Umar said Swat motorway extension will run from Chakdara through Saidu Sharif Mingora, Matta, Khawazakhela all the way to Fatehpur.

This will help open up the economic and tourism potential of this beautiful region, he added.

He said the Khyber Pass economic corridor project extension will link the Peshawar-Torkham motorway with N-55 at Badabher and further linking N-5 between Chamkani and Jhagra.