CDWP approves two projects : vimarsana.com
CDWP approves two projects
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 Working Party (CDWP) approved one project worth Rs5 billion and recommended the mega scheme of Hyderabad-Sukkur motorway worth Rs191.5 billion to the Executive Committee of National Economic Council (Ecnec) for further consideration, said the Ministry of Planning and Development.
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