The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved a total of 16 projects, including establishment of a naval base in Patuakhali, involving Taka 5,221 crore.
The ECNEC approved the projects at its 13th meeting with Prime Minister Sheikh Hasina in the chair at the NEC conference room in city's Sher-e-Bangla Nagar area this afternoon.Briefing journalists after the meeting, Planning Minister AHM Mustafa Kamal said," A total of 16 projects were approved at the meeting with an overall estimated cost of Taka 5,220.83 crore."
Of the projects, a project titled ''Establishment of BNS Sher-e-Bangla Patuakhali' with an estimated cost of Taka 1,081.50 crore was taken in a bid to turn Bangladesh Navy into an international standard naval force in line with the Forces Goal 2030, he said. "Of the total project cost, Taka 4,744.12 crore will come from the GoB portion, Taka 13.83 crore from the organisation's own fund while the rest of Taka 462.88 crore from project assistance, "he added.
Of the approved projects, 15 are new while another one is a revised project.
The Planning Minister said the BNS Sher-e-Bangla Patuakhali would be set up at Lalua adjacent to Payra port under Kolapara upazila in Patuakhali with the entire project cost of Taka 1,081.50 crore will come from the GoB portion.
The Ministry of Defence, Bangladesh Navy and the Engineer in Chief Section of Dhaka Cantonment will implement the project by June 2021.