Times of Islamabad

ECNEC approves multiple projects worth billions on CPEC western Route

ECNEC approves multiple projects worth billions on CPEC western Route

*ISLAMABAD: The meeting of the Executive Committee of the National EconomicCouncil (ECNEC), chaired by Finance Minister Asad Umar **approved multipleprojects worth billions on CPEC western Route.*

*ECNEC on Thursday approved different projects for power and communicationsectors.*

The meeting also approved construction of 305-kilometer Kuchlak-Zhobsection of the Western route.

The ECNEC said the route completion would help Zhob, Kuchlak, Muslim Bagh,Pashin and the entire Khyber Pakhtonkhwa.

The funds for western route will be acquired through allocations for thedevelopment programme.

The Central Development Working Party (CDWP) had last week approved theKuchlak-Zhob Section of the route, worth Rs 11.3 billion. The route planwas then forwarded for approval to the Executive Committee of NationalEconomic Council

The Committee meeting was chaired by the Minister of Planning, Developmentand Reform, Makhdoom Khusro Bakhtiar. The minister said that the 305 kmlong project upon completion will facilitate streamlined flow of trafficand logistics.

Bakhtiar said that completion of project would contribute to smooth andefficient movement of goods and traffic in relatively shorter time. OverallCDWP accorded approval of two projects worth Rs 913 million and recommendedthree projects costing Rs 96 billion to ECNEC. However, concept clearancewas also granted for two environment related projects for negotiations withthe donors.