{"id":62793,"date":"2020-03-17T12:55:21","date_gmt":"2020-03-17T07:55:21","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=62793"},"modified":"2020-03-17T15:05:10","modified_gmt":"2020-03-17T10:05:10","slug":"pkr-100-bn-uplift-project-kartarpur-corridor-ex-post-facto-approved","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pkr-100-bn-uplift-project-kartarpur-corridor-ex-post-facto-approved.html","title":{"rendered":"PKR 100 bn uplift projects, Kartarpur Corridor Phase-I approved"},"content":{"rendered":"\n<p>Islamabad: The federal government on Monday earmarked PKR 100.68 billion for six mega uplift projects and gave ex-post facto approval to the issuance of PKR 16.5 billion for Phase-I of the Kartarpur Corridor initiative, a news source reported. As per the publication, the Executive Committee of the National Economic Council (ECNEC) sanctioned these schemes.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/kp-govt-complete-672-mini-hydroelectric-power-projects-fy2020-21.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"KP govt to complete 672 mini hydroelectric power projects in FY2020-21 (opens in a new tab)\">KP govt to complete 672 mini hydroelectric power projects in FY2020-21<\/a><\/p>\n\n\n\n<p>To this effect, Advisor to the Prime Minister (PM) on Finance Abdul Hafeez Shaikh chaired a meeting of the <a href=\"https:\/\/www.zameen.com\/news\/ecnec-approves-funds-for-tarbela-extension-project-other-schemes.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"ECNEC (opens in a new tab)\">ECNEC<\/a>. It was also informed that the projects would receive financing up to PKR 44 billion from international institutions. <\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/development-projects-underway-turn-quetta-smart-city-cm-kamal.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Development projects underway to turn Quetta into smart city: CM Kamal (opens in a new tab)\">Development projects underway to turn Quetta into smart city: CM Kamal<\/a><\/p>\n\n\n\n<p>The funds earmarked for\nthe various projects are given below:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>PKR 12.48 billion along with foreign exchange piece of USD 80 million for \u2018Pakistan Raises Revenue Project\u2019 <\/li><li>Ex-post facto approval of PKR 16.546 billion for the Kartarpur Corridor phase-I in Narowal district<\/li><li>PKR 15.231 billion for Winder Dam project in Lasbela, Balochistan <\/li><li>PKR 22.92 billion for the Katchi Canal project in Dera Bugti, Balochistan <\/li><li>PKR 14.431 billion for Lahore Water and Wastewater Management project with USD 256 million loans from Asian Infrastructure Investment Bank <\/li><li>PKR 19.071 billion for the phase-I of Eastern Wastewater Treatment plant in Faisalabad <\/li><\/ul>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/gda-lifts-ban-new-nocs-construction-gwadar.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">GDA lifts ban on issuance of new NOCs for all of construction projects in Gwadar<\/a><\/p>\n\n\n\n<p>Moreover, the meeting constituted a committee under Minister Hammad Azhar to design a mechanism for the distribution of funds while keeping the needs of the provinces and preferences of the government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The federal government on Monday earmarked PKR 100.68 billion for six mega uplift projects and gave ex-post facto approval to the issuance of PKR 16.5 billion for Phase-I of the Kartarpur Corridor initiative, a news source reported. As per the publication, the Executive Committee of the National Economic Council (ECNEC) sanctioned these schemes. Read: KP govt to complete 672 mini hydroelectric power projects in FY2020-21 To this effect, Advisor to the Prime Minister (PM) on Finance Abdul Hafeez Shaikh chaired a meeting of the ECNEC. It was also informed that the projects would receive financing up to PKR 44 billion from international institutions. Read: Development projects underway to turn Quetta into smart city: CM Kamal The funds earmarked for the various projects are given below: PKR 12.48 billion along with foreign exchange piece of USD 80 million for \u2018Pakistan Raises Revenue Project\u2019 Ex-post facto approval of PKR 16.546 billion for the Kartarpur Corridor phase-I in Narowal district PKR 15.231 billion for Winder Dam project in Lasbela, Balochistan PKR 22.92 billion for the Katchi Canal project in Dera Bugti, Balochistan PKR 14.431 billion for Lahore Water and Wastewater Management project with USD 256 million loans from Asian Infrastructure Investment Bank&hellip;<\/p>\n","protected":false},"author":76,"featured_media":60548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013,20385,15020],"tags":[23164,23163,23162],"persona":[],"class_list":{"0":"post-62793","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"category-development-projects","9":"category-social-developments","10":"tag-executive-committee-of-the-national-economic-council-ecnec","11":"tag-kartarpur-corridor-ex-post-facto-approved","12":"tag-pkr-100-bn-uplift-projects","13":"cat-15013-id","14":"cat-20385-id","15":"cat-15020-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PKR 100 bn uplift projects, Kartarpur Corridor approved - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The federal government on Monday earmarked PKR 100.68 billion for six mega uplift projects and gave ex-post facto approval\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pkr-100-bn-uplift-project-kartarpur-corridor-ex-post-facto-approved.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PKR 100 bn uplift projects, Kartarpur Corridor approved - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The federal government on Monday earmarked PKR 100.68 billion for six mega uplift projects and gave ex-post facto approval\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pkr-100-bn-uplift-project-kartarpur-corridor-ex-post-facto-approved.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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