ISLAMABAD: The Executive Committee of the National Economic Council (Ecnec) on Friday accepted 3 development jobs at an estimated price of Rs340 billion with a major tilt towards Khyber Pakhtunkhwa.
Commanded by Priest for Finance and also Earnings Shaukat Tarin, the meeting was participated in by Preparation as well as Growth Preacher Asad Umar, Adviser to the Head Of State on Business Abdul Razak Dawood, Khyber Pakhtunkhwa Financing Priest Taimur Khan Jhagra and federal assistants.
Ecnec considered a total of three jobs, consisting of 2 worth Rs315.5 bn for Khyber Pakhtunkhwa. These included construction of Dir Motorway, sponsored by the federal government of Khyber Pakhtunkhwa and also to be implemented by the Pakhtunkhwa Highway Authority (PHA) with an estimated price of Rs38.991 bn.
The project imagines building of 29.377km-long, four-lane dual carriageway which begins with Chakdara and ends at Rabat, Dir area, Khyber Pakhtunkhwa. The range of the work consists of building of bridges, passages, underpasses and cross-road overpass. The entire task is located in the Lower Dir region of KP.
The task will boost road connectivity and advertise tourism.
2 roadway schemes for KP, an university job for Islamabad get the consent
Ecnec additionally approved a project funded by the KP federal government for Peshawar-D.I. Khan Freeway to be executed by the PHA. The complete cost of the job is Rs276.529 bn and imagines building and construction of 360km-long six-lane double carriageway from Peshawar to Dera Ismail Khan. It will pass through Kohat, Hangu, Karak, Bannu, Lakki Marwat and also Container as well as terminate at Dera Ismail Khan.
The extent of the work consists of building of passages, underpasses, and so on. The building and construction of the freeway will certainly boost profession and also tourism and likewise produce employment opportunities throughout as well as after the building of the road job in the area.
The improved road connection will certainly raise financial prospects for the location people.
The provincial money priest informed the committee that the Khyber Pakhtunkhwa federal government was creating motorways and also expressways to attach vacationer places which would certainly not only enhance the number of vacationers but likewise inevitably raise organization and employment possibility for the regional population and contribute to socio-economic growth of the area.
The board likewise accepted a Rs23.54 bn project– Pak University of Engineering & Arising Technologies (PUEET)– a study university in Islamabad, which will certainly house various centres of quality in the innovative areas of scientific research and technology and also modern innovation park. The project will result in much better top quality of education, develop industry-academia cooperation and train graduates in new technologies.
The job was authorized in principle by Ecnec in May this year having a cost of Rs23.55 bn with a directive that the Ministry of Planning and also Development need to rationalise its expense and return for formal authorization within three months. After completion of the deadline, the preparation department reported an expense cutting of a few millions which was accepted by Ecnec.