AIRLINK 75.25 Decreased By ▼ -0.18 (-0.24%)
BOP 5.11 Increased By ▲ 0.04 (0.79%)
CNERGY 4.60 Decreased By ▼ -0.15 (-3.16%)
DFML 32.53 Increased By ▲ 2.43 (8.07%)
DGKC 90.35 Decreased By ▼ -0.13 (-0.14%)
FCCL 22.98 Increased By ▲ 0.08 (0.35%)
FFBL 33.57 Increased By ▲ 0.62 (1.88%)
FFL 10.04 Decreased By ▼ -0.01 (-0.1%)
GGL 11.05 Decreased By ▼ -0.29 (-2.56%)
HBL 114.90 Increased By ▲ 1.41 (1.24%)
HUBC 137.34 Increased By ▲ 0.83 (0.61%)
HUMNL 9.53 Decreased By ▼ -0.37 (-3.74%)
KEL 4.66 No Change ▼ 0.00 (0%)
KOSM 4.70 Increased By ▲ 0.01 (0.21%)
MLCF 40.54 Decreased By ▼ -0.56 (-1.36%)
OGDC 139.75 Increased By ▲ 4.95 (3.67%)
PAEL 27.65 Increased By ▲ 0.04 (0.14%)
PIAA 24.40 Decreased By ▼ -1.07 (-4.2%)
PIBTL 6.92 No Change ▼ 0.00 (0%)
PPL 125.30 Increased By ▲ 0.85 (0.68%)
PRL 27.55 Increased By ▲ 0.15 (0.55%)
PTC 14.15 Decreased By ▼ -0.35 (-2.41%)
SEARL 61.85 Increased By ▲ 1.65 (2.74%)
SNGP 72.98 Increased By ▲ 2.43 (3.44%)
SSGC 10.59 Increased By ▲ 0.03 (0.28%)
TELE 8.78 Decreased By ▼ -0.11 (-1.24%)
TPLP 11.73 Decreased By ▼ -0.05 (-0.42%)
TRG 66.60 Decreased By ▼ -1.06 (-1.57%)
UNITY 25.15 Decreased By ▼ -0.02 (-0.08%)
WTL 1.44 Decreased By ▼ -0.04 (-2.7%)
BR100 7,806 Increased By 81.8 (1.06%)
BR30 25,828 Increased By 227.1 (0.89%)
KSE100 74,531 Increased By 732.1 (0.99%)
KSE30 23,954 Increased By 330.7 (1.4%)

The Punjab government on Tuesday accorded approval for the establishment of Integrated Command, Control and Communication Center (IC-3) in Rawalpindi and Murree under the public-private partnership.
The approval was given at the 41st meeting of the public-private partnership steering committee (PPPC) held at 8 Club Road under the chair of Punjab Finance Minister Hashim Jawan Bakht on Tuesday. MPAs namely Tariq Abdullah, Sajid Alam Khan, advisor to CM Dr Salman Shah, chairman P&D, secretary public-private partnership steering committee and others also participated in the meeting.
The meeting reviewed various matters including approval for more funds and appraisal of new proposed projects. The ongoing projects included the construction of Lai Express Way Rawalpindi, verification of private vehicles, purchase of equipment for weigh stations and dualization of Depalpur-Okara Road, Sumandri-Jhang Road, Head Punjab-Muzaffargarh Road, Vehari Road and Faisalabad to Chiniot Sargodha Road.
The P&D chairman briefed about the procedure of PPPC steering committee and details of ongoing schemes. The managing directors of the Punjab Small Industries Corporation and the Punjab Safe City Authority (PSCA) briefed about the proposed projects of industry and police departments relating to the public-private partnership.
The Minister accorded approval to Rs 302 million for ongoing schemes and stressed the need for explaining different aspects of new schemes. He directed the public-private partnership cell to give a detailed briefing about the procedure, role and steps of public-private partnership based projects to newly-elected members of the committee so that there may not be any ambiguity in future decisions. He said the committee should also be informed about the utility and expenditures of the projects and prudent utilization of funds should also be ensured so that the public-private partnership model could be best utilized.
Bakht added that the selection of schemes through the public-private partnership is being made under the five-year development plan. He directed the P&D department that possible traffic problems and environmental pollution due to the construction work should also be kept in mind while preparing the feasibility reports. This would help to use environmental friendly technology, he added.
He also directed to acquire the services of university students and research scholars for research and innovation in different projects. The meeting also approved guidelines for proposed viability gap fund of public-private partnership cell and the finance department.

Copyright Business Recorder, 2019

Comments

Comments are closed.