Govt sets aside Rs55bn for CPEC projects

ISLAMABAD: The federal government under the next budget has set aside Rs55bn for projects under China Pakistan Economic Corridor (CPEC).

invest with imarat

Islamabad’s emerging city centre

Learn More

According to the details, the federal government has also added 25 schemes of CPEC in next year’s Public Sector Development Programme (PSDP).

The development cost of CPEC projects has reached Rs1.6tr while Rs305bn has already been spent on various projects.

In response to a question, the federal minister for planning and development said that the government has added three projects for the supply of gas to Bostan, Rashakai, and Faisalabad Special Economic Zone (SEZ). 

 

For news and blogs, visit Graana.com 

Maham Tahir

Recent Posts

Car-Free Zones Coming to Lahore’s Most Famous Markets

The Punjab government has introduced another major initiative aimed at improving public convenience in Lahore.…

24 hours ago

Punjab Approves PKR 15.76 Billion Development Projects for Roads, Wildlife, and Tourism

Lahore: The Provincial Development Working Party (PDWP) has approved development projects worth PKR 15.76 billion…

2 days ago

LCCI establishes Rs3m Emergency Fund for KPK flood-hit people

LAHORE – The Lahore Chamber of Commerce and Industry (LCCI) on Sunday announced an emergency…

4 days ago

Saudi Banks’ Lending Surges to SR3.2 Trillion in June, Propelled by Corporate Demand

RIYADH – Outstanding loans from Saudi banks climbed to SR3.2 trillion ($849.7 billion) in June,…

4 days ago

CDA Sets 3-Month Deadline for Rs1.4B T-Chowk Flyover

ISLAMABAD: The Capital Development Authority (CDA) has opened bids for the Rs1.4 billion T-Chowk Flyover,…

5 days ago

Future Salalah City Announced: 60,000-Resident Urban Project to Transform Dhofar

SALALAH: Oman’s Ministry of Housing and Urban Planning has announced plans for Future Salalah City,…

7 days ago