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The National Economic Council (ECNEC) approved the funding for various road infrastructure projects, including Rawalpindi Ring Road and Lai Nullah Express Way as well as for poverty alleviation in Southern Punjab.
According to details, ECNEC approved the project of land acquisition for Leh Expressway & Flood Channel, Rawalpindi worth Rs. 24,96 million. The project will be executed by Rawalpindi Development Authority (RDA).
ECNEC also approved construction of Rawalpindi Ring Road – R3, main carriageway from Baanth (N-5) to Thallian (M-2) amounting to Rs23,606 million with condition to acquire the concurrence of Planning Commission and inclusion of Axel load management in the project.
Provincial ADP will finance the project and Rawalpindi Development Authority (RDA) will execute the project for the construction of 6 lane access-controlled 38km Rawalpindi Ring Road.
Adviser to the Finance and Revenue Shaukat Tarin, chaired the ECNEC meeting, which among others was attended by Federal Minister for Planning, Development and Special Initiatives, Asad Umer; Federal Minister for Industries and Production, Makhdoom Khusroo Bakhtiar; Federal Minister for Energy Hammad Azhar; Adviser to the PM on Commerce and Investment, Abdul Razak Dawood; Minister for Irrigation Department Punjab, Muhammad Mohsin Leghari, Federal Secretaries and other senior officers from federal as well as provincial governments.
PDWP has approved PC-1 of Rs 24 billion for the Rawalpindi Ring Road project
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