CDWP agrees for two projects worth 196 billion
On Monday, The Central Development Working Party (CDWP) cleared two development projects worth Rs196.46 billion, including the construction of 306km Hyderabad-Sukkur Motorway (M-6) in the public-private financing mode on the Build-Operate-Transfer (BOT) basis.
The meeting, presided over by Deputy Chairman of Planning Commission Muhammad Jehanzeb Khan, approved Rs5bn in the health sector for Balochistan and recommended the Rs191.47bn Hyderabad-Sukkur Motorway project to the Executive Committee of the National Economic Council (Ecnec) with significantly higher financial share of the government.
Under the current financial powers, the CDWP can itself approve projects costing no more than Rs10bn while projects of higher estimated costs are approved by Ecnec once the CDWP clears them on technical grounds.
In Monday’s meeting, only two projects related to health and transport & communications were presented.
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