Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Ethereum returns higher on renewed risk appetite after the Fed’s decision

September 18, 2025

CrowdStrike looks out nearly a decade at its investor day, and the stock soars

September 18, 2025

Nvidia throws Intel a lifeline that should be a boon to investors in both chipmakers

September 18, 2025
Facebook X (Twitter) Instagram
Thursday, September 18
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » CDWP clears 10 projects – Pakistan
Economist Impact

CDWP clears 10 projects – Pakistan

adminBy adminMay 20, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 171


ISLAMABAD: Days before the unveiling of the federal budget for the next fiscal year, the Central Development Working Party (CDWP) on Tuesday cleared a total of 10 new development projects at an estimated cost of Rs249 billion, mostly pertaining to PMLN’s trademark road sector in Punjab.

Presided over by Planning Minister Ahsan Iqbal, the second meeting of the CDWP within a week requested the Executive Committee of the National Economic Council (Ecnec) to formally approve six projects worth Rs227.34bn and itself approved four other projects at an estimated cost of Rs21.83bn.

On May 16, the CDWP also cleared 10 projects worth Rs143bn.

The meeting approved a Rs7.5bn Expansion of Safe City, Islamabad project to be financed through the Public Sector Development Programme (PSDP). Currently, 35pc of Islamabad is under surveillance through the Safe City project. After completion, all major areas, including roads, religious places, VVIP areas, state buildings, entry/exit, and other important points, will be covered.

The existing project was planned to cover 13 police stations, which is now being expanded to 28 stations, to help Islamabad police monitor/surveillance the entire capital. An additional 3,655 cameras will be installed.

The CDWP also approved the establishment of the National Centre for Quantum Computing (NCQC) for Rs3.32bn. It includes civil works, laboratories, equipment and licencing costs for Hub, UET Main Campus, GIKI, and NED Karachi, as well as human resource expenses. Another project, the Higher Education Development in Pakistan (HEDP) was recommended to Ecnec for approval at an estimated cost of Rs21.2bn.

The CDWP cleared six projects in the transport and communication sector.

A project related to the environment sector, IPF Component for Punjab Clean Air Programme (PCAP), worth Rs5.7bn, was approved by the CDWP. The foreign-funded project is aimed at addressing the severe air pollution crisis in Punjab through a multi-sectoral approach involving key sectors such as transport, environment, and agriculture through the introduction of electric buses and electric two- and three-wheelers, alongside the strengthening of vehicle inspection and certification systems, besides fuel testing labs.

Published in Dawn, May 21st, 2025



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Impact

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025
Economist Impact

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025
Economist Impact

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025
Economist Impact

Budget lacks steps to cure economic ills, complain industry leaders – Business

June 11, 2025
Economist Impact

Rs200bn relief unveiled in major tariff overhaul – Business

June 11, 2025
Economist Impact

Budget 2025-26: FM Aurangzeb acknowledges pain, calls budget ‘foundation’ for Pakistan’s future – Business

June 11, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Rains, heatwaves pose serious threats to overall cotton production: report – Markets

September 18, 2025

Pakistan’s IT exports rise to $691m in July–August – Business & Finance

September 18, 2025

Bank of England holds rate as inflation stays high – Business & Finance

September 18, 2025

Citigroup, CBRE among bidders to advise Pakistan on Roosevelt Hotel redevelopment: report – Business & Finance

September 18, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Ethereum returns higher on renewed risk appetite after the Fed’s decision
  • CrowdStrike looks out nearly a decade at its investor day, and the stock soars
  • Nvidia throws Intel a lifeline that should be a boon to investors in both chipmakers
  • Nvidia bets big on Intel with US$5 billion stake, chip partnership
  • Trump says US moving to reclaim key Afghan air base, links it to China

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Ethereum returns higher on renewed risk appetite after the Fed’s decision

September 18, 2025

CrowdStrike looks out nearly a decade at its investor day, and the stock soars

September 18, 2025

Nvidia throws Intel a lifeline that should be a boon to investors in both chipmakers

September 18, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.