{"id":94459,"date":"2023-08-07T17:21:23","date_gmt":"2023-08-07T12:21:23","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=94459"},"modified":"2023-08-07T17:38:29","modified_gmt":"2023-08-07T12:38:29","slug":"ecnec-approves-outsourcing-iia","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ecnec-approves-outsourcing-iia.html","title":{"rendered":"Outsourcing plan for Islamabad Airport upgradation gets ECNEC&#8217;s nod"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Islamabad: The Executive Committee of the National Economic Council\u2019s decision (ECNEC) approved the outsourcing of the Islamabad International Airport (IIA) under the Public-Private Partnership (PPP) mode, along with other significant projects, according to news published on August 5.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/approved-housing-societies-islamabad.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA shares list of approved housing societies in Islamabad<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Proposed by the Planning Commission, the primary goal of outsourcing the IIA is to revamp the airport&#8217;s infrastructure, elevate service quality, and align with global standards by engaging the private sector and incorporating international expertise.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A recently-held meeting presided over by Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar, reviewed and approved the proposed projects (including IIA) estimated to cost PKR 110.2 billion accumulatively.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The particulars of other projects approved by the ECNEC are as follows:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The council approved the \u2018Developing Resilient Environment and Advancing Municipal Services (DREAMS-I)\u2019 project, which is led by Punjab Government. With a whopping budget of PKR 64.480 billion, it aims to improve climate resilience and living conditions for about 2.9 million residents in Rawalpindi and Bahawalpur.<\/li>\n\n\n\n<li>The ECNEC reviewed and approved the Prime Minister\u2019s National Programme for Solarization of Agriculture Tube wells in four provinces and allowed the addition of the rural areas of Islamabad Capital Territory into the project\u2019s scope.<\/li>\n\n\n\n<li>The revised proposal of the \u2018Karachi Neighbourhood Improvement Project (KNIP)\u2019 by the Sindh government has also gained ECNEC\u2019s approval. Allocated with PKR 18.8 billion budget, it focuses on upgrading vital infrastructure in key Karachi areas, especially Karachi South, Korangi, and Malir districts.<\/li>\n\n\n\n<li>The \u2018Rural Development and Climate Resilience Project\u2019 by the Gilgit-Baltistan government, valued at an updated cost of PKR 16.2 billion with PKR 11.0 billion in foreign financing, was also approved. The project\u2019s goal is to enhance living conditions against climate change and natural disasters.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/deadline-set-ring-road-southern-loop.html\" target=\"_blank\" rel=\"noreferrer noopener\">Punjab sets deadline for completion of Ring Road\u2019s Southern Loop<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Lastly, the \u2018Feasibility\/cost estimate for the Dualization of 65-kilometre-long Sialkot-Eminabad Road up to Kamoki, including a link to the Motorway\u2019, was approved with a significant PKR 10.8 billion budget. The project cost will be shared between the Federal and Punjab governments and the development work will be executed under National Highway Authority (NHA)\u2019s supervision.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>ECNEC announces the outsourcing of Islamabad International Airport with other large-scale projects.<\/p>\n","protected":false},"author":88,"featured_media":94462,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[41,4592,6957],"persona":[],"class_list":["post-94459","post","type-post","status-publish","format-standard","has-post-thumbnail","category-development-projects","tag-islamabad","tag-islamabad-international-airport","tag-new-developments","cat-20385-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ECNEC Approves Outsourcing of IIA- Zameen News<\/title>\n<meta name=\"description\" content=\"ECNEC&#039;s makes a big move with an announcement of outsourcing of Islamabad International Airport and other large-scale projects\" \/>\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\/ecnec-approves-outsourcing-iia.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECNEC Approves Outsourcing of IIA- Zameen News\" \/>\n<meta property=\"og:description\" content=\"ECNEC&#039;s makes a big move with an announcement of outsourcing of Islamabad International Airport and other large-scale projects\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ecnec-approves-outsourcing-iia.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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