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Peshawar (Manend News) Executive Committee of National Economic Council (ECNEC) approved two projects for Khyber Pakhtunkhwa province, Caretaker Finance Minister Ahmed Rasool Bangash
Khyber Pakhtunkhwa Caretaker Minister for Finance, Excise Taxation and Narcotics Control Ahmed Rasool Bangash has said that every possible effort is being made to provide basic facilities to the people of the province and possible measures are being taken for the development of the province and the restoration of infrastructure.
He expressed these views while representing the province while participating in a Zoom meeting regarding (ECNEC) Executive Committee of National Economic Council in his office on Wednesday. Additional Chief Secretary Planning and Development Imtiaz Hussain Shah, Finance Secretary Aamir Sultan Tareen and other officials have participated in the meeting.
In the meeting, ECNIC approved PC-1 of the Khyber Pakhtunkhwa Rural Roads Development Project (KP-RRDP) with the cooperation of Asian Development Bank (ADB), in which 1337 km of roads and 62 bridges are planned. The total cost of the project is Rs. 105.45 billion, of which 13.5% is provincially shares and 86.5% is ADB funded.
The project will provide access to rural areas, upgradation and rehabilitation of flood-affected roads will be made possible. The project will also provide the people of rural areas a lot of help in accessing markets and education and health facilities. The caretaker minister said on the occasion that there will be positive changes in transportation, development of agriculture and rural and backward areas through the implementation of this project. He said that this project will not only provide opportunities for economic stability and development to the public of rural areas, but also reduce the economic gap between rural and urban people.
In the meeting the ECNEC also approved (PNBP) project at a cost of Rs 27.051 billion excluding foreign exchange components. This project consists of 32.20 km of roads, which is a four-lane bypass with service roads on the northern side of Peshawar city. This project will be equipped with all facilities. In the meeting, Caretaker Finance Minister Ahmed Rasool Bangash said that he is sure that the implementation of these projects will be helpful in the development and prosperity of Khyber Pakhtunkhwa.