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CDWP approves two projects As per the decision, the NHA will ring-fence the cash flow of the M5 motorway (Multan-Sukkur) in an escrow account and make payments out of it to the contractors. PHOTO: FILE ISLAMABAD: The government on Monday cleared two new development projects worth Rs196.5 billion, including the Hyderabad-Sukkur motorway at a cost of Rs191.5 billion aimed at completing a major missing link of the eastern corridor that connects Gwadar and Karachi ports. The Central Development Wo...

CDWP Gives Go-ahead to Projects Worth Billions The Planning Commission’s Central Development Working Party (CDWP), in a meeting, presided over by the Deputy Chairman Planning Commission, Mohammad Jehanzeb Khan, cleared a development project with an estimated cost of Rs. 5 billion, and recommended one project worth Rs. 191.47 billion to the Executive Committee of the National Economic Council (ECNEC) for further consideration. Senior officials from the Planning Commission and Federal Ministrie...

Barring Punjab, all provinces are self-sufficient in gas production, with Sindh being the biggest producer of natural gas. It was revealed by the Oil and