CM approves implementation of mega projects under PPP mode.

LAHORE -- Chief Minister Punjab Sardar Usman Buzdar has approved the public-private partnership (PPP) policy and constituted a monitoring board under the P and D Department to speedily implement public welfare schemes.

The first meeting of the board was held under the chair of Chief Minister Usman Buzdar at his office in which implementation of mega projects was given approval and appointment of Dr Muhammad Junaid Ashraf was approved as director executive committee of the board, says a handout issued here on Tuesday.

Recruitment of human resources for public-private partnership policy and monitoring board was given approval along with the approval of establishment of weaving city in industrial city Faisalabad through the PPP mode.

The project would be completed with an amount of Rs 4.50 billion and Faisalabad's power-looms industry would be shifted to weaving city. Zero-rating tax will be implemented for the PPP mode projects and line departments would take necessary steps in this regard.

The meeting gave approval to setting up of combined effluent treatment plants in Sundar Industrial Estate and Quaid-e-Azam Industrial Estate Lahore with a total amount of Rs 6 billion. The meeting also approved installation of one million water meters in Lahore with an amount of Rs 10

billion. The southern loop-III project of Lahore Ring Road was given approval which would be completed with an amount of around Rs10 billion.

The meeting approved dualisation of Chiniot-Pindi Bhattian Road along with...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT