BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)
Print Print edition: 2025-03-19

CDWP approves 6 uplift projects worth Rs151bn

  • Secretary Planning Awais Manzur Sumra chairs Central Development Working Party meeting
Published Updated

ISLAMABAD: The Central Development Working Party (CDWP) cleared a total of six development projects at cost of Rs151.33 billion of various ministries.

The CDWP approved four development projects valuing Rs11.20 billion and referred two projects worth Rs140.129 billion to the Executive Committee of the National Economic Council (ECNEC) for its consideration/ approval.

The CDWP met with Secretary Planning Awais Manzur Sumra in the chair here on Tuesday.

Federal secretaries, heads of provincial and planning and development representatives from federal ministries and provincial governments attended the meeting. The development projects were related to higher education, tourism and transport and communications.

CDWP clears 16 projects worth Rs259.68bn

The CDWP approved four projects after discussion related to higher education sector presented in the namely, “Development of Infrastructure at LUAWMS Phase-II (Revised)” worth Rs1,851.491 million, “Establishment of National Centre for Nanoscience and Nanotechnology (NCNN)-New” at cost of Rs2,771.800 million, “Establishment of National Centre for manufacturing (NCM)-New” worth Rs4,289.880 million, “Improvement of Academic Facilities at University of Karachi (Revised)” worth Rs2,292.032 million approved by the forum after detailed discussion.

A project related to tourism sector presented in the meeting namely, “Khyber Pakhtunkhwa Integrated Tourism Development Project (KITE) IDA Assisted (Revised)” worth Rs27.304 billion was referred to the ECNEC for further consideration.

The project is proposed to be financed through foreign funding of World Bank Loan. This revised PC-I is for development of tourism in Khyber Pakhtunkhwa for economic growth, employment and revenue generation, progress of local communities and poverty reduction through construction of roads, tourism allied infrastructure, visitor facilities, marketing, skills development, institutional and regulatory reforms and creating enabling environment for private sector operations.

A project related to transport and communications sector presented in the meeting namely, “Khyber Pakhtunkhwa Rural Accessibility project (KP-RAP) Revised” worth Rs112.826 billion was referred to the ECNEC for further consideration.

The project is proposed to be financed through foreign funding of World Bank (93.81 per cent) and Government of Khyber Pakhtunkhwa (6.19 per cent).

The project aims to enhance rural connectivity through the rehabilitation, reconstruction, and upgrading of roads and bridges in 23 districts of Khyber Pakhtunkhwa, including the merged districts. The project is designed to improve access to markets, schools, and healthcare facilities while ensuring climate resilience and road safety improvements.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.