Wednesday, August 24, 2016

Cost of Lowari Tunnel project jumps up to Rs 2.68 billion

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved the revised estimate of Lowari Road Tunnel and Access Road project at the cost of Rs 2.685 billion.

The project will be completed by October 2017.

Finance Minister Ishaq Dar chaired the meeting of the ECNEC here at the Prime Minister's Secretariat on Monday.

The revision of cost of the Lowari Tunnel project is the result of an increase in the scope of work of the project that includes widening of width of the tunnel from 6 meter to 7.5 meter with a height of 5 meters.

The scope of work includes provision of ventilation and electrical work for road tunnel, construction of platforms, operational buildings along with allied facilities and installations and equipment for snow clearing.

Widening of 130.22km long N-45 project also got approval from the ECNEC at a revised cost of Rs 1.742 billion. Both Lowari Tunnel project and N-45 project will prove to be a strategic asset for Pakistan, the meeting observed.

The meeting also approved Balochistan Integrated Water Resource Management and Development Project (BIWRMDP) at the updated cost of Rs 2.216 billion. The project will cover almost one-fourth of the Balochistan area and will provide multiple benefits to the people of Balochistan such as clean drinking water facility, reducing the risk of floods, less erosion, more fuel wood, more fodder for livestock, saving endangered forests for mangroves and juniper and enhanced agriculture productivity. The project cost includes $200 million as foreign aid from the IDA. It will be completed in six years.

Another project the committee approved was construction of Burhan-Havelian Expressway at the revised PC cost of Rs 3.416 billion. The project is expected to be completed by September 2017. The cost of the project is revised due to addition of 3rd lane on either side of the already ongoing project. The revised project is being funded through ADB loan of $200 million. The ADB has also agreed to provide remaining loan amount for additional scope of work.

Speaking on the occasion, Khyber Pakhtunkhwa Finance Minister Muzafar Said thanked the federal government for expediting work on the projects as they were of vital importance to the province.

The ECNEC also considered and approved installation of ship lift and transfer system and associated machinery and equipment to provide docking and repair facilities to surface ships, submarines and commercial vessels at the Karachi Shipyard at the revised and rationalised cost of Rs 9.56 billion. The facility will cater to commercial vessels having dead weight net lifting capacity up to 7,781 tonnes along with establishment of 13 fully equipped repair stations. The project will be completed by September 2017.

Read on Source



Thanks for visiting our website. Like our FB pages and subscribe for daily updates; you can comment on the above post bellow ↓with your Google id or Facebook id – Thank you for your time..☺


‎لطیفے اور شاعری‎
Facebook group · 8,142 members
Join Group
یہ گروپ آپ سب کے لئے ہے۔ پوسٹ کیجئے اور بحث کیجئے۔۔۔۔۔ اپنی آواز دوسروں تک پہنچائے۔۔۔اور ہاں گروپ کو بڑا کرنے کے لئے اپنے دوستوں کو بھی گروپ میں دعو...

All Categories

Aaj Kamran Khan ke Saath Aamir Liaquat Hussain Aapas ki Bat NajamSethi Abdul Qadir Hassan AchiBaatain Afghanistan Aga Khan University Hospital AirLineJobs Allama Iqbal America Amjad Islam Amjad Anjum Niaz Ansar Abbasi APP Aqwal Zareen Articles Ayat-e-Qurani Ayaz Amir Balochistan Balochistan Jobs Bank of Khyber Banking Best Quotes Biwi Jokes Blogger Tips Chaltay Chaltay by Shaheen Sehbai China Chitral Coca-Cola Coke Studio Columns CookingVideos Corporate News Corruption Crimes Dr Danish ARY Sawal Yeh Hai Dubai E-Books EBM Education Educational Jobs Emirates English #Quotes English Columns EnglishJokes Funny Photos Funny Talk Shows Funny Videos Gilgit-Baltistan Girls Videos Govt Jobs HabibJalibPoetry Hamid Mir Haroon Al-Rashid Hasb-e-Haal with Sohail Ahmed Hassan Nisar Hassan Nisar Meray Mutabaq Hazrat Ali AS Sayings HBL Health HikayatShaikhSaadi Hospital_Jobs Hotel Jobs Huawei Hum Sab Umeed Say Hain India Information Technology Insurance International News Islam Islamabad Islamic Videos JammuKashmir Javed Chaudhry Jazz Jirga with Salim Safi Jobs Jobs Available Jobs in Karachi Jobs in KPK Jobs in Pak Army Jobs_Sindh JobsInIslamabad Jokes Jubilee Insurance Kal Tak with Javed Chaudhry Karachi Kashmir KhabarNaak On Geo News Khanum Memorial Cancer Hospital Khara Sach With Mubashir Lucman Khyber Pakhtunkhwa Lahore Latest MobilePhones Lenovo LG Life Changing Stories LifeStyle Live With Dr. Shahid Masood Live with Talat Hussain Maulana Tariq Jameel MCB Bank Microsoft Mobilink Mujeed ur Rahman Shami Munir Ahmed Baloch Nasir Kazmi Nazir Naji News News Videos NGO Nokia North Korea Nusrat Javed Off The Record (Kashif Abbasi) Off The Record With Kashif Abbasi On The Front Kamran Shahid OPPO Orya Maqbool Jan Pakistan Pakistan Army Pakistan Super League Pashto Song Photos Poetry Political Videos Press Release Prime Time with Rana Mubashir PTCL Punjab Quetta Quotes Rauf Klasra Samsung Sar-e-Aam By Iqrar-ul-Hasan Sardar Jokes Saudi Arabia ShiroShairi Show Biz Sikander Hameed Lodhi Sindh Social Media Sohail Warriach Songs Sports News Stories Syria Takrar Express News Talat Hussain Talk Shows Technology Telecommunication Telenor To the point with Shahzeb Khanzada Tonight with Moeed Pirzada Turkey Tweets of the day Ufone University Jobs Urdu Ghazals Urdu News Urdu Poetry UrduLateefay Video Songs Videos ViVO Wardat SamaaTV WaridTel Wasi Shah Zong اردو خبریں
______________ ☺ _____________ _______________ ♥ ____________________