AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

PESHAWAR: PC-1 of land acquisition for phase 2 of Swat Motorway Project has been cleared by Central Development Working Party (CDWP) and submitted to the Executive Committee of National Economic Council (ECNEC) for final approval that is expected in the next meeting scheduled during the current week.

This was told in a meeting held here on Thursday with Chief Minister Khyber Pakhtunkhwa, Mahmood Khan in the chair to review progress on the completion of Swat Motorway Phase-1 and commencement of work on Phase-2 of the project.

The meeting also rewired progress on the feasibility study of Peshawar to D I Khan Motorway Project. The meeting was Informed that work on the completion of Swat Motorway Phase-1 is in final stages, work on the construction of road base, main tunnels and bridges has been completed and the remaining work is expected to be completed by the end of August this year.

The meeting was told that pace of work on these projects was effect due to the prevailing Corona situation however, things have been fully mobilized again and work on projects is in full swing adding that physical progress on the projects is being ensured as per the revised timelines.

Besides Advisor to CM on Information Ajmal Wazir and MPA from Swat, Fazle Hakim, the meeting was attended by the concerned administrative secretaries and high ups of Pakhtunkhwa Highways Authority.

The Chief Minister termed the Swat Motorway Project as of vital importance for the entire Malakand region and said that the project will boost business and tourism activities in the region and thus provide employment opportunities for the people.

He directed the relevant authorities to ensure the completion of Swat Motorway Phase 1 by the end of August this year and initiate land acquisition process for the Phase 2 of the project soon after the PC-1 is approved from the competent forum.

Regarding the progress on Peshawar to D I Khan Motorway Project, the meeting was informed that PC-2 for the feasibility study of the project is cleared whereas the PC-1 for commercial and financial feasibility of the project will be completed by September this year and submitted to the relevant forum for approval.

The Chief Minister directed the concerned quarters to ensure the completion of the feasibility study of the project within the stipulated time period.

Copyright Business Recorder, 2020

Comments

Comments are closed.