The Central Development Working Party (CDWP) has cleared for the Executive Committee of the National Economic Council (Ecnec) two major mass transit programs one for Karachi and the other for Peshawar. The moot approved a total of16 development projects costing Rs130 billion. The two projects (in Karachi and Peshawar) which are part of the China-Pakistan Economic Corridor (CPEC) are expected to be formally approved on the sidelines of upcoming One Belt, One Road conference in China this month. Minister for Planning, Development and Reform Ahsan Iqbal presided over the CWDP meeting in Islamabad. The other projects are related to energy, transport and communication, water resources and manpower. Also, the moot approved concept clearance papers of two projects such as Hyderabad-Sukkur Motorway (M6) worth Rs238bn and Sindh Renewable Energy Development Project (SREDP) $122 million. Four major projects of transport and communication sectors costing Rs.102 billion were recommended keeping in view the approval limits of the CDWP.The meeting which gave its nod on revival of Karachi Circular Railway (Rs27.6bn) asked the provincial government for rationalization of the cost. Also it would be ensured that the stations and other buildings to be constructed under the project matched the historical architecture of Karachi. Under the project, 43.2km double railway track would be constructed besides 24 stations. The meeting also approved Rs56.8bn for Peshawar Sustainable Bus Rapid Transit Corridor Project of the Khyber Pakhtunkhwa government. The project, planned to be constructed with Rs48bn loan from the ADB, envisaged construction of 25.8km-long road track, 32 stations with commercial buildings and other allied facilities. The project, planned to be executed in 12 months, is expected to facilitate 472,000 people per day in its initial phase. The meeting also approved Karachi Neighborhood Improvement Project (KNIP) worth Rs10.5bn, a four-lane bridge across River Indus connecting Kallur Kot Bhakkar with Dhakki area of Dera Ismail Khan costing Rs7bn, a 30-megwatt Hydro Power Project in Ghowari in Gilgit Baltistan costing Rs7.9bn besides six water related projects worth Rs6.6bn which include three small dams.
CDWP approves Karachi, Peshawar mass transit programs
on 23/05/2017