{"id":63110,"date":"2020-03-24T12:37:54","date_gmt":"2020-03-24T07:37:54","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=63110"},"modified":"2020-03-24T12:37:55","modified_gmt":"2020-03-24T07:37:55","slug":"govt-shares-details-funds-issued-cpec-projects-under-psdp","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-shares-details-funds-issued-cpec-projects-under-psdp.html","title":{"rendered":"Govt shares details on funds issued for CPEC projects under PSDP"},"content":{"rendered":"\n<p>Islamabad: The Ministry of Planning on Thursday stated that the federal government had earmarked PKR 18 billion for 20 projects of the <a href=\"https:\/\/www.zameen.com\/news\/kp-cm-orders-housing-department-launch-cpec-city-nowshehra.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"China-Pakistan Economic Corridor (CPEC) (opens in a new tab)\">China-Pakistan Economic Corridor (CPEC)<\/a> initiative, a news source reported. As per the publication, the government has so far released up to PKR 12.13 billion for some of these projects under the Public Sector Development Programme (PSDP) 2019-20. <\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/six-ngbsd-projects-contracts-awarded-in-first-half-of-fy-2019-20.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Six NGBSD projects contracts awarded in first half of FY 2019-20: IT Ministry (opens in a new tab)\">Six NGBSD projects contracts awarded in first half of FY 2019-20: IT Ministry<\/a><\/p>\n\n\n\n<p>The details of the projects and the funds assigned are\nlisted below: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>PKR 2 billion released out of PKR 2.238 billion\nfor the development of Karakorum Highway (KKK) phase-II Havelian-Thakot which\nis 118.057 miles long<\/li><li>PKR 1.8 billion for the preliminary design of\nMainline (ML-1) and development of a dry port near Havelian<\/li><li>PKR 1 billion for the renovation of\nChitral-Boonj-Mastuj-Shandur Road <\/li><li>PKR 2.8 billion out of the total funds PKR 6.5\nbillion for the Sukkur-Hyderabad Motorway<\/li><li>PKR 1.2 billion released for acquiring the land\nand resettlement for the development of Islamabad-Raikot section (Phase-I) and\nHavelian-Thakot <\/li><li>PKR 1.89 billion for the construction of road\nfrom Zhob to Kuchlak<\/li><li>PKR 320 million out of PKR 400 million for the water\ndesalination plant at Gwadar <\/li><li>PKR 300 million for the expansion and\nstrengthening the network of PERN footprints through the optic fiber (PERNIII)<\/li><li>PKR 111.2 million out of PKR 164 million for the\ndevelopment of offices for CPEC and Intelligence Bureau (IB)<\/li><li>PKR 600 million for the up-gradation of 3G\/4G\nservices and improved coverage in Gilgit Baltistan (GB) along KKH<\/li><li>&nbsp;PKR 9.455\nmillion for the development of CPEC Support Unit (CSU) and miscellaneous activities\nof Gwadar Port Authority <\/li><li>PKR 50 million out of PKR 73.8 million for the\nestablishment of Centre of Excellence for Pakistan Institute of Development\nEconomics (PIDE) <\/li><li>PKR 50 million for Ministry of Railways CPEC\nproject<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Ministry of Planning on Thursday stated that the federal government had earmarked PKR 18 billion for 20 projects of the China-Pakistan Economic Corridor (CPEC) initiative, a news source reported. As per the publication, the government has so far released up to PKR 12.13 billion for some of these projects under the Public Sector Development Programme (PSDP) 2019-20. Read: Six NGBSD projects contracts awarded in first half of FY 2019-20: IT Ministry The details of the projects and the funds assigned are listed below: PKR 2 billion released out of PKR 2.238 billion for the development of Karakorum Highway (KKK) phase-II Havelian-Thakot which is 118.057 miles long PKR 1.8 billion for the preliminary design of Mainline (ML-1) and development of a dry port near Havelian PKR 1 billion for the renovation of Chitral-Boonj-Mastuj-Shandur Road PKR 2.8 billion out of the total funds PKR 6.5 billion for the Sukkur-Hyderabad Motorway PKR 1.2 billion released for acquiring the land and resettlement for the development of Islamabad-Raikot section (Phase-I) and Havelian-Thakot PKR 1.89 billion for the construction of road from Zhob to Kuchlak PKR 320 million out of PKR 400 million for the water desalination plant at Gwadar PKR 300 million for&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],"tags":[23937,5228,23936,23934,23935],"persona":[],"class_list":{"0":"post-63110","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"category-development-projects","9":"tag-chitral-boonj-mastuj-shandur-road","10":"tag-cpec-projects","11":"tag-karakorum-highway-kkk-phase-ii-havelian-thakot","12":"tag-ministry-of-planning","13":"tag-public-sector-development-programme-psdp-2019-20","14":"cat-15013-id","15":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt shares details on funds issued for PSDP projects - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Ministry of Planning on Thursday stated that the federal government had earmarked PKR 18 billion for 20 projects of the\" \/>\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\/govt-shares-details-funds-issued-cpec-projects-under-psdp.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt shares details on funds issued for PSDP projects - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Ministry of Planning on Thursday stated that the federal government had earmarked PKR 18 billion for 20 projects of the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-shares-details-funds-issued-cpec-projects-under-psdp.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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