PR No. 190 ECNEC Meeting Islamabad: April 22, 2016

The meeting of Executive Committee of the National Economic Council (ECNEC) was held here Friday under the chairmanship of Finance Minister, Senator Mohammad Ishaq Dar.

ECNEC considered and approved proposal submitted by Ministry of Ports & Shipping regarding provision of Coal Conveying System from Pakistan International Bulk Terminal (PIBT) to Railway Network at Port Qasim at revised cost ofRs.13,332.849 million.

ECNEC also considered a proposal submitted by Ministry of Communication regarding Construction of  Motorway from Burhan/Hakla on M-1 to D.I.Khan at the rationalized cost of Rs. 124,208.00 million. Ministry of Communication informed the meeting that the route for the motorway was as per the Joint Declaration issued after the All Parties Conference. Another proposal by Ministry of Communication regarding land acquisition, affected properties compensation and relocation of utilities for construction of the Burhan/Hakia to D.I.Khan motorway was also considered at the rationalized cost of Rs 11,973.00 million. ECNEC approved the two projects, subject to formal confirmation of the route being in accordance with the understanding contained in the Joint Declaration of the APC.

ECNEC also considered and approved the proposal from Ministry of Ports & Shipping for construction of bridge across river Indus connecting, Larkana & Khairpur districts with approach roads and river training works at a revised cost of Rs 13,397.00 million.

ECNEC approved Kaitu Weir Irrigation & Power Project of Kurram Tangi Dam in Spinwam area of North Waziristan at rationalized cost of Rs. 21,059.26 million.

After detailed deliberations, ECNEC approved the proposal of Ministry of Communications for Construction of Black Top Road Yakmach-Kharan via Distain Wadh Khurmagai in Baluchistan at the firmed up cost of Rs 13,758.00 million.