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PR No. 218 FINANCE MINISTER CHAIRS ECNEC MEETING Islamabad: March 28, 2019

A meeting of the Executive Committee of the National Economic Council (ECNEC) was held, under the chairmanship of Finance Minister Asad Umar and approved projects in communications and power sectors, here today. The Planning Division gave a presentation about the dualization of Western Alignment of CPEC - Kuchlak-Zhob section N-50 (305-KMs). The Committee was briefed about the importance of the western corridor which would significantly benefit the people of Zhob, Kuchlak, Muslim Bagh, Pashin as well as Khyber Pakhtunkhwa. It approved land acquisition cost of the project that would be met from the savings of PSDP, and no new allocation would be required in this regard. In order to quickly and timely respond to accidents and mishaps on the Corridor, the Committee approved a proposal of Ministry of Communications to setup an Intelligent Transportation System (ITS). The ECNEC also approved a proposal to build service areas along the western corridor on Built up Property basis. The Committee accorded approval to the proposal of Power Division to interconnect isolated areas of Gawadar and Makran with the national grid system of Pakistan. The Committee directed Planning and Power Divisions to review the proposed financial structure of the project. ***** ?

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