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Friday, June 25, 2021

Pakistan govt set to give green light to 22 major development projects

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ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) of the Pakistan government scheduled to meet on Thursday with Finance Minister Hafeez Shaikh in the chair to approve 22 major development projects worth billions of rupees including the Reko Diq gold and copper mining project that is expected to attract $6 Billions foreign investment, official sources said here Wednesday.

The council will consider agriculture and food sector projects including Punjab Economic Opportunities Programme and Pak-China National Project for Controlled Atmosphere and Advanced Ventilated Cold Storage worth Rs2.2 billion.

The meeting will also consider the
>>“Promotion of primary education for girls in selected districts of Khyber Pakhtunkhwa province” project assisted by the Population Welfare Fund and
>>the “Basic Education Improvement Programme Phase-II” in the same province funded by Norwegian government.

Energy sector projects up for approval include:
>> National Compact Fluorescent Lamps Project;
>> Power Distribution Enhancement Programme,
>> Phase-II of development of power distribution companies;
>> Addition of 500 kV and 220 kV substations and
>> transmission lines for strengthening of power transmission system worth Rs24.3 billion.
Another energy project is the Combined Cycle Power Plant by installation of 320 MW gas turbines gifted by the UAE government and 120 MW steam units in Faisalabad.

The health sector consists of three projects, which include:
>> Prime Minister’s Programme for Prevention and Control of Hepatitis,
>> Expanded Programme on Immunization (Revised),
>> National Programme for Family Planning and Primary Heath Care.

The Higher Education Commission may approve projects, which include
>> Establishment of Shaheed Benazir Bhutto University in Benazirabad district of Sindh costing Rs1.6 billion, and
>> Islamabad and Fulbright Scholarships Support Programme (Revised).

Transport and communications sector consist of two projects:
>> “Improvement, widening
>> construction of Kohlu-Sibbi Road Project (162.5 km)” and
>> Procurement of 150 diesel electric locomotives from the United States.

Physical planning and housing projects for approval are
>> “Improvement of water supply system in Faisalabad” through a Japanese grants and
>> the “Establishment of National Forensic Science Agency”.

In the population and social planning sector, ECNEC will consider the population welfare programmes for Islamabad, Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan and Pakistan-administered Kashmir.

Water sector projects include:
>> Construction of 100 delay action dams in Balochistan:
>> Package-II (26 dams);
>> Punjab Barrages Improvement Phase-II,
>> Rehabilitation and Modernization of Jinnah Barrage,
>> Improvement and Modernization of the Irrigation
>> Water Management System Monitoring and
>> Evaluation of the project Impacts and Technical Assistance and Trainings;
>> six dispersal structures on the Nari River,
>> construction of Ghazi Tuk, Khokhar, Erri, Haji Shaher canal systems. :

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1 COMMENT

  1. It is no wonder that the project of Reko Diq gold mines is being handled in the most unscrupulous manner as the country’s bureaucracy and political leadership have no interest even in the country’s human resources, not to speak of country’s natural resources. They are interested in plundering both the resources, one by financial corruption and irregularities and the other by political shady deals and political leadership deficit. They are not interested in preserving these resources and exploiting them for the benefit of the country. What interests them is the potential in these resources to benefit their pockets.As a Pakistani we have the capability and equipment to run this project by our self not by Zionists and it should be our first priority to manage it on its own.
    The chief minister said that according to one estimate the gold and copper reserves in the Reko Diq mountains were worth $1 trillion and they have prepared the PC-1 of the project and it has been approved by the Planning Commission then why Federal Govt approved this and gave $1 trillion worth of gold& copper sold to Barrick Gold.

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