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2020-06-24 ArtNo.46810
◆Game changer CPEC gets Rs21 bn for 2020-21
 【Islamabad】The Public Sector Development Programme (PSDP) for the year 2020-21 contains around Rs21 billion allocation for projects under China Pakistan Economic Corridor (CPEC) - once considered a game changer for Pakistan. Except a few major road and rail projects under the CPEC, the PSDP does not allocate money for any significant scheme. There is no mention of any allocation for any of the much-discussed industrial zones, which were to be established under the CPEC to general industrial and economic growth of the country. The most conspicuous allocation under CPEC in the 2020-21 PSDP is for the construction of Zhob to Kuchlak Road, CPEC Western Corridor as Rs10 billion has been allocated for this project. Other major projects with budget allocations are as follows. Rs6 billion: the up-gradation of Pakistan Railways existing Main Line-1 (ML-I) and establishment of dry port near Havelian (2018-22) under Phase-1 of CPEC, Rs2.5 billion: Construction of Karakorum Highway, Phase-II Havelian- Thakot (118.057 KM), Rs500 million to the Higher Education Commission for the strengthening of Core Network and Expansion of Pakistan Education and Research Network (PERN) footprints through CPEC Optical Fiber (PERN-III), Rs700 million: the construction of seawater desalination plant at Gwadar, Rs1 billion: the construction of Nokundi-Mashkhel Road, etc. 【News source】 Game changer CPEC gets Rs21 bn for 2020-21 ○One world：The aim of SEAnews Your Comments / UnsubscribeTweet to @TwitterDev SEAnews MessengerSEAnewsFacebookSEAnews eBookstoreSEAnews world circulation |
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