ECNEC approves two developmental projects for KP

PESHAWAR
Khyber Pakhtunkhwa Caretaker Minister for Finance, Ahmed Rasool Bangash has said that every possible effort was being made to provide basic facilities to people of the province and possible measures were being taken for development of the province and restoration of infrastructure.
He expressed these views while representing the province in a zoom meeting of Executive Committee of National Economic Council (ECNEC) , in his office on Wednesday. Additional Chief Secretary Planning and Development Imtiaz Hussain Shah, Finance Secretary Aamir Sultan Tareen and other officials also attended the meeting.
During meeting, ECNEC approved PC-1 of KPR Rural Roads Development Project (KP-RRDP) with the cooperation of Asian Development Bank (ADB). The total cost of the project is Rs. 105.45 billion of which share of province is 13.5 percent and 86.5 percent would be funded by ADB.
The caretaker minister said that positive change would be witnessed in development of agriculture and rural and backward areas through implementation of the project. He said that project would not only provide opportunities for economic stability and development to public of rural areas but would also reduce economic disparity 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 32.20 km of roads including a four-lane bypass with service roads on northern side of Peshawar city.