Tk 51.42bn projects get ECNEC nod

16th July, 2019 11:56:52 printer

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved eight projects involving Taka 5,142.06 crore (Tk 51.42 billion) including the one to widen and strengthen important upazila and union roads in Dhaka division worth Taka 2,606 crore (Tk 26.06 billion).

The approval came from the 2nd ECNEC meeting of the current fiscal year (FY20) with ECNEC Chairperson and Prime Minister Sheikh Hasina in the chair

 held at the NEC conference room in city’s Sher-e-Bangla Nagar area.

Briefing the reporters after the meeting, Planning Secretary Muhammad Nurul Amin said a total of eight projects were approved with an overall estimated cost of Taka 5,142.06 crore (Tk 51.42 billion). “Of the total project cost, Taka 4,129.81 crore (Tk 41.29 billion) will come from the Government of Bangladesh portion and the rest of Taka 1,012.55 crore (Tk 10.12 billion) from project assistance,” he said.

Of the approved eight projects, six are new while the rest of two are revised projects.

According to the Planning Commission officials, the Local Government Division will implement the widening and strengthening of upazila and union roads project in Dhaka Division by June 2024.

The project will be implemented at 67 upazilas in 13 districts of Dhaka division.

The main objectives of the project are constructing rural road infrastructures to facilitate expansion of growing rural economy and growth, creating improved and strong rural road network to give modern civic facilities to the rural community and subsequently create employments.

The main project operations include some 1001.51 kilometers road and 240 intersections development and construction of 5,857 meters of bridges and culverts as well as 30 kilometers drain and some 12,000 square meter of slope protection.

The Planning Secretary said Prime Minister Sheikh Hasina in the meeting issued a set of directives to the authorities concerned including to frame a ‘master plan’ by the Cox’s Bazar Development Authority before undertaking any development project there.