ECNEC approves a summary regarding construction of Gwadar-Ratodero Road.

Islamabad -- The Executive Committee of the National Economic Council (ECNEC) on Thursday considered and approved a summary regarding construction of Gwadar-Ratodero Road Project (M-8).

The road construction project is sponsored by the Ministry of Communication and executed by NHA at a rationalized cost of Rs 38,026.28 million.

Federal Minister for Finance and Revenue Dr Abdul Hafeez Shaikh chaired a meeting of the ECNEC at Cabinet Division.

The ECNEC approved the project in view of its strategic importance as it will facilitate connectivity for CPEC projects through improved road linkages.

A summary was presented before ECNEC regarding provision of Advanced Skills Development through International Scholarship Phase-1 for Master and PHD programs to be executed by the Higher Education Commission (HEC).

The project is part of a Prime Minister Knowledge Economy Task Force Initiative which will enable our youth to access higher education opportunities in well-reputed international universities.

ECNEC approved the project at a rationalized cost of Rs. 13.361 billion. A summary regarding Greater Karachi Water Supply Scheme (K-IV) 260 MGD (phase-1) was presented before ECNEC. The project would provide additional 260 MGD water to Karachi at the total cost of Rs. 25,551.77 million.

The expected period of completion is 04 years. ECNEC approved the project for provision of environment friendly water sanitation and waste management infrastructure / facilities to residents of Karachi.

Similarly, a project titled 'Solid Waste Emergency and Efficiency Project (SWEEP)' was presented before the Committee sponsored by the Local government, Housing and Town Planning Department, Government of Sindh...