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Home Business

CDWP clears four projects worth Rs353 billion

by Web Desk
26/03/2022
in Business, Economy, Finance, Main
Reading Time: 1 min read
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CDWP clears four projects worth Rs353 billion
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The Central Development Working Party (CDWP) on Friday recommended four development projects worth Rs352.9 billion to the Executive Committee of National Economic Council (Ecnec) for approval.

The meeting, chaired by Planning Commission Deputy Chairman Jahanzeb Khan, took up four projects including the construction of Hyderabad-Sukkur (306km-long, six-lane) Motorway, construction of northern section of Ring Road – Warsak Road to Nasir Bagh – and restoration and revamping of Gujjar and Orangi Nullahs.

CDWP recommended the construction of Hyderabad-Sukkur divided-fenced motorway on build-operate-transfer basis to Ecnec.

Total cost of the project is Rs308.19 billion while the National Highway Authority (NHA) will execute the project.

The motorway is proposed as a high-speed toll road facility for efficient and safe transportation, which will start from Hyderabad (end of Karachi-Hyderabad Motorway – M-9) and terminate at Naro Canal (start of Sukkur-Multan Motorway – M-5).

The project alignment passes through Jamshoro, Tando Adam, Hala, Shahdadpur, Nawabshah, Moro, Dadu, Naushahro Feroze, Mehrabpur, Rasoolpur, Larkana, Khairpur and Sukkur.

Tags: CDWPlatest

Web Desk

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