CDWP Greenlights RS55B Lifting projects


Islamabad:

The Central Development Work Party (CDWP), a key project planning and approval agency, has approved five development projects worth RS55,164 billion for sustainable economic development in the country.

A CDWP meeting held on Friday under the presidency of the Federal Minister for the Planning of Ahsan Iqbal GreenlingLed these projects. Out of the five, three projects for a total of RS47,439 billion were sent to the Executive Committee of the National Economic Council (ECNEC) for final approval.

The agenda focused on development projects in key sectors, including the environment, food and agriculture, health and physical planning and housing. A project related to the environmental sector was also approved, the installation of the meteorological surveillance radar in Sukkur, worth RS5725.013 million.

The president noticed excessive delay in the implementation of the project with Japanese subsidy and ordered the relevant authority to complete it with priority.

A project related to food and agriculture, the livelihood of Baluchistan and the entrepreneurship project, to ECNEC was also recommended. The revised cost of the project is RS12461,661 million. It will be financed through the World Bank and the International Development Association (IDA) and MDTF.

The main objective of the project is to promote employment opportunities for rural communities and guarantee the sustainability of companies in eight districts of Baluchistan, including Chagai, Killa Abdullah, Killa Saifullah, Mastung, Nushki, Pishin, Sherani and Zhob.

The project aims to benefit rural households by supporting livelihoods through business development and job creation. In addition, it will extend the benefits to communities for the development of companies in sectors: agriculture, livestock, forestry, mines and minerals, tourism and industry.

Ahsan Iqbal directed that the additional scope of the work should include tangible and impact -oriented interventions under the project.

Leave a Comment

Your email address will not be published. Required fields are marked *