ECNEC Oks funds for projects worth Rs. 249.91b

Staff Report

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh the Executive Committee of the National Economic Council (ECNEC) held here at Cabinet Block on Thursday which approved four major projects at a cost of nearly Rs 250 billion.
in a meeting held today at the Cabinet Block with Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh in the chair. The meeting discussed a proposal for the construction of Lodhran-Multan Section (North Bound 62 kms) of N-5 and construction of 2 flyovers at Railways Crossing at Lodhran Bypass and approved the project at cost of Rs 12.434 billion. Under the project to be completed in 24 months, beside road two flyovers along with three interchanges at Super Chowk and Permit Chowk Lodhran and an interchange at Bahawalpur Chowk Multan would be built.
Besides, four minor bridges as well as reconstruction & widening of culverts and urban area improvement at Basti Malook, Multan City and Larr Town would also be carried out under the project.
The reconstruction of existing two-lane northbound and construction of flyovers, interchanges and area improvements would help reduce traffic hazard and congestion on the project road and after completion of the project, a safe, reliable and efficient road facility would be available to the commuters. The ECNEC also approved a project titled ‘Punjab Human Capital Investment Project’ at a cost of Rs 32 billion to strengthen primary health facilities, introduce conditional cash transfer program to encourage the poor to access the health and nutrition support.