AGL 40.02 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.99 Increased By ▲ 0.29 (0.23%)
BOP 6.66 Increased By ▲ 0.05 (0.76%)
CNERGY 4.44 Decreased By ▼ -0.16 (-3.48%)
DCL 8.75 Decreased By ▼ -0.04 (-0.46%)
DFML 41.24 Decreased By ▼ -0.34 (-0.82%)
DGKC 86.18 Increased By ▲ 0.39 (0.45%)
FCCL 32.40 Decreased By ▼ -0.09 (-0.28%)
FFBL 64.89 Increased By ▲ 0.86 (1.34%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.51 Increased By ▲ 1.74 (1.57%)
HUMNL 14.75 Decreased By ▼ -0.32 (-2.12%)
KEL 5.08 Increased By ▲ 0.20 (4.1%)
KOSM 7.38 Decreased By ▼ -0.07 (-0.94%)
MLCF 40.44 Decreased By ▼ -0.08 (-0.2%)
NBP 61.00 Decreased By ▼ -0.05 (-0.08%)
OGDC 193.60 Decreased By ▼ -1.27 (-0.65%)
PAEL 26.88 Decreased By ▼ -0.63 (-2.29%)
PIBTL 7.31 Decreased By ▼ -0.50 (-6.4%)
PPL 152.25 Decreased By ▼ -0.28 (-0.18%)
PRL 26.20 Decreased By ▼ -0.38 (-1.43%)
PTC 16.11 Decreased By ▼ -0.15 (-0.92%)
SEARL 85.50 Increased By ▲ 1.36 (1.62%)
TELE 7.70 Decreased By ▼ -0.26 (-3.27%)
TOMCL 36.95 Increased By ▲ 0.35 (0.96%)
TPLP 8.77 Increased By ▲ 0.11 (1.27%)
TREET 16.80 Decreased By ▼ -0.86 (-4.87%)
TRG 62.20 Increased By ▲ 3.58 (6.11%)
UNITY 28.07 Increased By ▲ 1.21 (4.5%)
WTL 1.32 Decreased By ▼ -0.06 (-4.35%)
BR100 10,081 Increased By 80.6 (0.81%)
BR30 31,142 Increased By 139.8 (0.45%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

The Annual Plan Co-ordination Committee (APCC) on Tuesday proposed an allocation of Rs 1.357 billion for converting B Areas into A Areas in Balochistan. The APCC also allocated Rs 750 million for construction of Gwadar International Airport.
The proposed allocation of Rs 1.357 billion would be utilised for converting total 29 troubled areas of Balochistan into A Areas, said a senior police official who attended the APCC meeting. The project, he said, is aimed at converting 29 B areas into A areas of the province.
B areas are the districts where law and order is not satisfactory, but the regular police force could not be deployed there. He hoped that this project would be completed in the next two years. APCC also approved agriculture sector development projects worth over Rs 25 billion and has allocated initial funds for the next fiscal 2007-08.
Ismail Qureshi, Federal Secretary, Ministry of Food Agriculture and Livestock, after attending the APCC meeting informed that Rs 18.5 billion project of national importance relates to introduction of Drip and Sprinkle Irrigation Technology in the country.
Syed Asif Shah, Secretary Commerce informed that APCC has approved Rs 216 million for the Pakistan Fashion Design School, Rs 30 million for foreign Trade Institute and approved in principle Rs 1.3 billion for the Expo Center Lahore, extension in Expo Center, Karachi and establishment of Institute of Textile and Clothing.
The Ministry of Science and Technology to get 40 percent increase in its development budget in next fiscal year 2007-08 with an allocation of Rs 7 billion. Railway Division to get an allocation of Rs 12 billion, railways official informed.
APCC approved Rs 1 billion for the implementation of Export Plan Pakistan, reduction in cost of doing business and skill development, Rs 450 million for establishment of textile cities in Karachi, Lahore and Faisalabad. APCC also approved Rs 1.180 billion for 43 ongoing projects and Rs 1 billion for 11 new projects of the environment ministry.

Copyright Business Recorder, 2007

Comments

Comments are closed.