AGL 40.02 Increased By ▲ 0.02 (0.05%)
AIRLINK 127.35 Increased By ▲ 0.31 (0.24%)
BOP 6.62 Decreased By ▼ -0.05 (-0.75%)
CNERGY 4.50 Decreased By ▼ -0.01 (-0.22%)
DCL 8.70 Increased By ▲ 0.15 (1.75%)
DFML 41.80 Increased By ▲ 0.36 (0.87%)
DGKC 87.70 Increased By ▲ 0.85 (0.98%)
FCCL 32.65 Increased By ▲ 0.37 (1.15%)
FFBL 65.01 Increased By ▲ 0.21 (0.32%)
FFL 10.25 No Change ▼ 0.00 (0%)
HUBC 109.55 Decreased By ▼ -0.02 (-0.02%)
HUMNL 14.74 Increased By ▲ 0.06 (0.41%)
KEL 5.09 Increased By ▲ 0.04 (0.79%)
KOSM 7.59 Increased By ▲ 0.13 (1.74%)
MLCF 41.30 Decreased By ▼ -0.08 (-0.19%)
NBP 59.70 Decreased By ▼ -0.71 (-1.18%)
OGDC 193.80 Increased By ▲ 3.70 (1.95%)
PAEL 28.25 Increased By ▲ 0.42 (1.51%)
PIBTL 7.78 Decreased By ▼ -0.05 (-0.64%)
PPL 151.75 Increased By ▲ 1.69 (1.13%)
PRL 26.34 Decreased By ▼ -0.54 (-2.01%)
PTC 16.16 Increased By ▲ 0.09 (0.56%)
SEARL 84.05 Decreased By ▼ -1.95 (-2.27%)
TELE 7.75 Increased By ▲ 0.04 (0.52%)
TOMCL 35.40 Decreased By ▼ -0.01 (-0.03%)
TPLP 8.15 Increased By ▲ 0.03 (0.37%)
TREET 16.05 Decreased By ▼ -0.36 (-2.19%)
TRG 52.74 Decreased By ▼ -0.55 (-1.03%)
UNITY 26.37 Increased By ▲ 0.21 (0.8%)
WTL 1.25 Decreased By ▼ -0.01 (-0.79%)
BR100 9,953 Increased By 69.4 (0.7%)
BR30 30,908 Increased By 307.7 (1.01%)
KSE100 93,812 Increased By 456.3 (0.49%)
KSE30 29,062 Increased By 130.9 (0.45%)

KARACHI: Sindh Chief Minister Syed Murad Ali Shah presiding over a meeting on Karachi Mega Projects directed the finance department to release Rs2.39 billion so that five important schemes could be completed by June 2021.

The meeting was attended by Minister Local Government Syed Nasir Shah, Advisor law Murtaza Wahab, Chairman P&D M Waseem, Secretary Finance Hassan Naqvi, Secretary Local Government Najam Shah, PD Karachi Projects Khalid Masroor and other concerned officers.

On-going: The chief minister was told that the scheme `Rehabilitation of 12 roads surrounding Lee Market, Lyari has been launched for Rs649.210 million. Out of 12 roads eight roads have almost been completed while the remaining roads progress was 85 percent.

The meeting was told that reconstruction of 8000 Road from Jam Sadiq bridge to Dawood Chowrangi has been launched for Rs1.289 billion. The scheme has been completed by 90 percent. The remaining funds of the Lee Market road and 8000 Road amounting to Rs454.96 million were yet to be released. The chief minister directed secretary finance to release the funds by Friday and directed PD Khalid Masroor to complete the work by January 2020 and report him for their inauguration.

New project: The chief minister was told that three new priority schemes of Rs909.923 million have been launched. They include as follows:

Reconstruction of roads from Ghani Chowrangi Rasheedabad and from Habib Metro to Police station, SITE for Rs282.743 million and its progress was 10 percent. The funds for the scheme have not been released so far.

Reconstruction of main track from Ghani Chowarngi to Hub River via Get College launched for Rs201.808 million and also a 10 percent progress. The funds for the scheme are yet to be released.

Reconstruction of storm water drain, including dua carriage way from Ahsanabad Police Station Chowk to Maymar Road launched for Rs425.372 million has 25 percent progress. Release of the funds for the scheme are awaited.

The chief minister said that the amount of these three schemes came to Rs909.923 million and directed the finance department to release 50 percent of the amount, Rs454.9615 million, and when their utilisation report was submitted the remaining 50 percent amount may be released. He directed PD Karachi Package to complete these schemes by the end of financial year.

Discussing another Rs995.03 million scheme of reconstruction of road from Gulbai to Y-junction, including storm water drain the chief minister directed PD Karachi package to construct all the Hawksbay Roads simultaneously so that the area could be opened up for the tourists.

Shah directed Minister Local Government Nasir Shah to keep visiting the on-going work so that they could be completed within stipulated time.

Copyright Business Recorder, 2020

Comments

Comments are closed.