ISLAMABAD, Sep 14 (APP): The Senate Sub-Committee on Planning, Development and Reforms was informed here Thursday that Karachi Circular Railway (KCR) project would be presented before the Executive Committee of National Economic Council (ECNEC) for approval.
Chaired by Senator Karim Ahmad Khawaja, the Committee also discussed the progress so far made on KCR and K-4, a water supply project for the Karachi.
Secretary Planning told the meeting that the project would be executed as soon as approval is given by the ECNEC. He said that it was a provincial project and the Chinese government would provide full finances for it, adding that federal government was the granter. He informed that work in K-4 water supply project for Karachi was under progress and both federal and provincial governments were very keen to complete this project as soon as possible. Both the governments were interested to complete the project within stipulated time frame in order to facilitate the citizens of the mega city of the country, he also told.
The Secretary informed the meeting that the project would be completed with a total cost of Rs. 25 billion, whereas the expenditure would be shared by federal and provincial equally. He told the meeting that so far about Rs 3.1 billion had been spent and out of the total expenditure 2.5 billion was provided by the federal government during last financial year. He said that the government has also earmarked Rs 9 billion in its Public Sector Development Programme for the above mentioned project.
Meanwhile, Additional Secretary Ports and Shipping informed the meeting that work for the East-Way Express Way was awarded to a Chinese company. He said that the total cost of the project was estimated at Rs1950 million and would be completed by 2020.
Besides Senators Muhammad Mohisn Khan Leghari and Saeedul Hassan Mandokhail, the meeting was also attended by senior officials of the Ministry of Planning, Wapda and Sindh Irrigation Department.
APP/ Saeeda /anm/ VSN Islamabad