AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

ISLAMABAD: The Central Development Working Party (CDWP) cleared four development projects at cost of Rs 36.22 billion.

The CDWP discussed a comprehensive overview of the four development projects, collectively valued at Rs 36.22 billion. The CDWP approved one development project at cost of Rs 2.8 billion and recommended three projects valued at Rs 33.42 billion to the Executive Committee of the National Economic Council (ECNEC) for further consideration. The projects were related to Physical Planning and Housing, Transport and Communication, and Water Resources.

The CDWP met with Deputy Chairman Planning Commission Dr Mohammad Jehanzeb Khan in the chair at P-Block Secretariat on Tuesday.

CDWP approves five projects worth Rs10bn

Secretary Planning Awais Manzur Sumra, Members of the Planning Commission, representatives from line ministries, provincial P&D departments, and officials from the Planning Ministry attended the meeting.

The CDWP accorded the highest priority to the post-flood reconstruction and rehabilitation initiatives. Four projects were discussed under the Post-Flood 2022 Reconstruction Programme namely, “Resilience Enhancement and Livelihood Diversification in Balochistan (Public Health Engineering/Water Supply Infrastructure Sector, with the total cost of Rs 2.8 billion, Resilience Enhancement and Livelihood Diversification in Balochistan (Road Infrastructure CW and PPHD), worth Rs13.81 billion, Resilience Enhancement and Livelihood Diversification in Balochistan (Irrigation Infrastructure) worth Rs 8.25 billion, and Livelihood Interventions for integrated Flood Resilience and Adaptation Program (IFRAP) with the total cost of Rs 11.36 billion.

The Post-Flood 2022 Reconstruction Programme emphasizing resilience enhancement and livelihood diversification in Balochistan (road infrastructure CW&PPHD), with a total cost of Rs 13.81 billion, was recommended to the ECNEC. This project, funded by the World Bank, aims to strengthen transportation infrastructure by constructing resilient roads and bridges, significantly reducing travel time for the residents.

Additionally, another vital project of the Post-Flood 2022 Reconstruction programme, the Livelihood Interventions for integrated Flood Resilience and Adaptation Program (IFRAP), valued at Rs11.36 billion, was also recommended for further deliberation by the ECNEC.

This project targets the upliftment of underdeveloped regions in Balochistan, encompassing various districts. It focuses uplifting livelihoods through agricultural and livestock interventions while nurturing resilience against climate change and other adversities.

The initiative titled, “Enhancement of Resilience and Diversification of Livelihoods in Balochistan (Irrigation Infrastructure),” totaling Rs 8.25 billion, received recommendation for approval by ECNEC.

Financed through a World Bank Loan, this project aims at rehabilitating flood-damaged infrastructure and establishing flood management structures within Balochistan, Pakistan.

The rehabilitation of water systems for irrigation within a command area spanning approximately 100,000 acres of land is the central objective of the project. The project’s implementation is expected to significantly enhance agricultural productivity, restrain economic losses caused by floods, and strengthen livelihoods and economic growth in the region.

The project namely, “Resilience Enhancement and Livelihood Diversification in Balochistan (Public Health Engineering/Water Supply Infrastructure Sector)” with total cost of Rs 2.8 billion was granted approval by the CDWP forum.

The projects aim rehabilitation and restoration of damaged schemes to enhance water supply to the inhabitants of different calamity-hit districts of Balochistan where most components of water schemes were damaged.

With three projects recommended for consideration by the ECNEC and one project securing CDWP approval, the collective effort aims to revitalize infrastructure, enhance livelihoods, and fortify resilience against environmental adversities.

Copyright Business Recorder, 2023

Comments

Comments are closed.

Uzair Dec 13, 2023 08:05am
What is the firm size of SME of manufacturing industry
thumb_up Recommended (0)