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The Central Development Working Party has approved 18 projects with a total cost of Rs 23 billion, and referred three projects worth Rs 52 billion to the Executive Committee of the National Economic Council, and gave concept clearance to two projects worth Rs 10 billion. The meeting, chaired by Minister Planning, Development and Reform Professor Ahsan Iqbal, was attended by senior federal and provincial officials concerned. All the projects were discussed in detail, and suggestions were made by the chair for further reviews.
The Minister instructed the concerned officials to thoroughly and professionally examine projects in the pre-CDWP meetings, and bring schemes to the forum after exercising due diligence. He also suggested the third party evaluation and validation for certain plans where bigger stakes exist. "Our today''s planning should be futuristic, and capacity benchmarks must be for at least next two decades," he directed. He accorded special preference to all projects related to the education sector, and wanted that teaching be imparted in highly-valued and market-oriented subjects.
Twenty-five projects of the education, governance, energy, manpower, Higher Education Commission, physical planning and housing, transport and communication, manpower and water sectors were considered. For all the approved projects, including position papers and concept clearance, the FEC is about Rs 11 billion, whereas allocations in the Public Sector Development Programme (PSDP) 2015-16 have been made to the tune of Rs 5.22 billion. Five projects of the education sector were approved.-PR

Copyright Business Recorder, 2016

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