ISLAMABAD: The Central Development Working Party (CDWP) has approved as many as six development projects – encompassing Energy, Physical Planning & Housing, Science & Technology, Transport & Communications and Education – worth Rs10.3 billion.
The development body also referred two projects costing Rs30.86 billion to the Executive Committee of the National Economic Council (Ecnec) for approval.
As per the recently revised financial rules, the CDWP has the authority to accord approval for projects costing no more than Rs10 billion, while projects of higher estimated costs are cleared by Ecnec once the CDWP gives them the go-ahead on technical grounds.
Two of the approved projects are related to Physical Planning & Housing. The first project titled “Construction of 15 residences for senior police officers at Sector H-11, Islamabad” is estimated to be completed at cost of Rs151.971 million, while the second project namely “Construction of four police stations in various sectors in Islamabad” will be completed with Rs150.836 million.
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