AIRLINK 195.50 Increased By ▲ 3.66 (1.91%)
BOP 10.17 Increased By ▲ 0.30 (3.04%)
CNERGY 8.00 Increased By ▲ 0.33 (4.3%)
FCCL 38.42 Increased By ▲ 0.56 (1.48%)
FFL 16.00 Increased By ▲ 0.24 (1.52%)
FLYNG 25.48 Increased By ▲ 0.17 (0.67%)
HUBC 131.15 Increased By ▲ 0.98 (0.75%)
HUMNL 13.92 Increased By ▲ 0.33 (2.43%)
KEL 4.67 No Change ▼ 0.00 (0%)
KOSM 6.33 Increased By ▲ 0.12 (1.93%)
MLCF 45.30 Increased By ▲ 1.01 (2.28%)
OGDC 210.35 Increased By ▲ 3.48 (1.68%)
PACE 6.68 Increased By ▲ 0.12 (1.83%)
PAEL 41.20 Increased By ▲ 0.65 (1.6%)
PIAHCLA 17.83 Increased By ▲ 0.24 (1.36%)
PIBTL 8.14 Increased By ▲ 0.07 (0.87%)
POWER 9.35 Increased By ▲ 0.11 (1.19%)
PPL 181.60 Increased By ▲ 3.04 (1.7%)
PRL 40.31 Increased By ▲ 1.23 (3.15%)
PTC 24.70 Increased By ▲ 0.56 (2.32%)
SEARL 110.89 Increased By ▲ 3.04 (2.82%)
SILK 0.99 Increased By ▲ 0.02 (2.06%)
SSGC 38.75 Decreased By ▼ -0.36 (-0.92%)
SYM 19.25 Increased By ▲ 0.13 (0.68%)
TELE 8.71 Increased By ▲ 0.11 (1.28%)
TPLP 12.40 Increased By ▲ 0.03 (0.24%)
TRG 66.47 Increased By ▲ 0.46 (0.7%)
WAVESAPP 12.50 Decreased By ▼ -0.28 (-2.19%)
WTL 1.69 Decreased By ▼ -0.01 (-0.59%)
YOUW 3.99 Increased By ▲ 0.04 (1.01%)
BR100 12,090 Increased By 159.8 (1.34%)
BR30 36,121 Increased By 461.6 (1.29%)
KSE100 114,973 Increased By 1766.9 (1.56%)
KSE30 36,137 Increased By 571.3 (1.61%)

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.