Abb Takk News

ECNEC Approves Four Projects Worth Rs 289 Billions: Asad

Islamabad: Federal Minister for Planning and Development Asad Umar has said that the Executive Committee of the National Economic Council (Ecnec) on Thursday approved four projects worth 289 billion rupees.

Asad Umar informed in a series of tweets on social media micro-blogging site twitter that projects approved by today’s meeting of Ecnec include Sukkur-Hyderabad Motorway, Hoshab-Awaran-Khuzdar section of M-8, Swat Expressway Chakdara to Fetehpur section and linkage of Khyber Agency to Khyber Pass Economic Corridor.

The Federal Minister also announced that land acquisition for Sukkar-Hyderabad motorway has already been nearly completed at a cost of Rs24 billion.

The Hoshab-Awaran segment of M 8 motorway will further enhance the connectivity of Balochistan, and play an important role in providing connectivity to the future trade through Gwadar with central Pakistan, he added.

Providing details about Swat Motorway, Asad Umar said that the extension will run from Chakdara through Saidu Sharif/Mingora, Matta, Khawazakhela all the way to Fatehpur. This will help open up the economic and tourism potential of this beautiful region, he added.

The Planning Minister also revealed that the Khyber Pass Economic Corridor project extension will link the Peshawar-Torkham Motorway with N-55 at Badabher and further linking N-5 between Chamkani and Jhagra.