{"id":76804,"date":"2021-06-09T16:21:11","date_gmt":"2021-06-09T11:21:11","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=76804"},"modified":"2021-06-10T15:09:04","modified_gmt":"2021-06-10T10:09:04","slug":"budget-cpec-projects","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/budget-cpec-projects.html","title":{"rendered":"Budget 2021-22: PKR 87bn allocated for CPEC projects"},"content":{"rendered":"\n<p>Islamabad: Federal Minister for Planning Asad Umar revealed that the government has earmarked PKR 87 billion from the Public Sector Development Program (PSDP) for China Pakistan Economic Corridor (CPEC) projects in Fiscal Year (FY) 2021-22, according to sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/authority-chairman-shares-investment-projects-details.html\" target=\"_blank\"><\/a><a href=\"https:\/\/www.zameen.com\/news\/authority-chairman-shares-investment-projects-details.html\" target=\"_blank\" rel=\"noreferrer noopener\">CPEC Authority Chairman shares investment, projects\u2019 details<\/a><\/p>\n\n\n\n<p>The following are specifics regarding the budgeted projects:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>PKR 42 billion has been kept aside for the western route<\/li><li>PKR 900 billion is approved for Federal PSDP<\/li><li>PKR 244 billion will be used for motorways, highways, airport, railway projects, and district roads.<\/li><li>PKR 7 billion will be spent on the provision of necessities and infrastructure of <a href=\"https:\/\/www.zameen.com\/news\/cpec-committee-for-plots-issue-resolution-in-sezs.html\" target=\"_blank\" rel=\"noreferrer noopener\">Special Economic Zones<\/a> (SEZs) at Dhabeji, Bostan, Rashakai, and Faisalabad.<\/li><\/ul>\n\n\n\n<p>Furthermore, it was stated that 3,261 km of new roads are scheduled to be built. Some of the most prominent ones include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Eastbay Expressway Gwadar, PKR 2.1 billion<\/li><li>Khyber Pass Economic Corridor Project, PKR 8.5 billion<\/li><li>Dualization and improvement of existing 210 km long N-50-Yarik-Sagu-Zhob road, PKR 1.6 billion<\/li><li>Construction of 168 km M-8 Hoshab-Awaran-Khuzdar (section 2), PKR 1.5 billion<\/li><li>Widening and improvement of Chitral-Booni-Mastuj-Shandur road, PKR 2 billion<\/li><\/ul>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/groundbreaking-ceremony-road-cpec-interchange.html\" target=\"_blank\" rel=\"noreferrer noopener\">Work starts on road linking CPEC Interchange, Karakoram Highway<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Roads linking motorways in Punjab, Main Line I (ML-I), PKR 6.2 billion<\/li><li>Gwadar Airport, PKR 1.1 billion<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Federal Minister for Planning Asad Umar revealed that the government has earmarked PKR 87 billion from the Public Sector Development Program (PSDP) for China Pakistan Economic Corridor (CPEC) projects in Fiscal Year (FY) 2021-22, according to sources. Read: CPEC Authority Chairman shares investment, projects\u2019 details The following are specifics regarding the budgeted projects: PKR 42 billion has been kept aside for the western route PKR 900 billion is approved for Federal PSDP PKR 244 billion will be used for motorways, highways, airport, railway projects, and district roads. PKR 7 billion will be spent on the provision of necessities and infrastructure of Special Economic Zones (SEZs) at Dhabeji, Bostan, Rashakai, and Faisalabad. Furthermore, it was stated that 3,261 km of new roads are scheduled to be built. Some of the most prominent ones include: Eastbay Expressway Gwadar, PKR 2.1 billion Khyber Pass Economic Corridor Project, PKR 8.5 billion Dualization and improvement of existing 210 km long N-50-Yarik-Sagu-Zhob road, PKR 1.6 billion Construction of 168 km M-8 Hoshab-Awaran-Khuzdar (section 2), PKR 1.5 billion Widening and improvement of Chitral-Booni-Mastuj-Shandur road, PKR 2 billion Read: Work starts on road linking CPEC Interchange, Karakoram Highway Roads linking motorways in Punjab, Main Line I (ML-I),&hellip;<\/p>\n","protected":false},"author":83,"featured_media":69325,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[14795,46227,3886,5228,45881,8858,6812,46225,1683,46226,7199],"persona":[],"class_list":{"0":"post-76804","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-asad-umar","9":"tag-budget-2021-22-cpec","10":"tag-cpec","11":"tag-cpec-projects","12":"tag-eastbay-expressway-construction-updates","13":"tag-highways","14":"tag-motorways","15":"tag-pakistan-road-projects-2021-22","16":"tag-road-infrastructure","17":"tag-roads-planned-in-2021-22","18":"tag-sezs","19":"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>Budget 2021-22: PKR 87bn allocated for CPEC projects - Zameen News<\/title>\n<meta name=\"description\" content=\"PKR 7 billion will be spent on the provision of necessities and infrastructure of Special Economic Zones (SEZs) at Dhabeji, Bostan....\" \/>\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\/budget-cpec-projects.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Budget 2021-22: PKR 87bn allocated for CPEC projects - Zameen News\" \/>\n<meta property=\"og:description\" content=\"PKR 7 billion will be spent on the provision of necessities and infrastructure of Special Economic Zones (SEZs) at Dhabeji, Bostan....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/budget-cpec-projects.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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