BSS-11 ECNEC approves 13 projects with an outlay of Taka 9,518.62 crore

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BSS-11

ECNEC-MEETING

ECNEC approves 13 projects with an outlay of Taka 9,518.62 crore

DHAKA, May 29, 2018 (BSS) – The Executive Committee of the National Economic Council (ECNEC) today approved five similar projects to improve the respective district highways into due standard and width of Rajshahi, Khulna, Rangpur, Chattogram and Sylhet Zone with an overall outlay of Taka 3,368.21 crore for these five projects.

The approval came from the 25th ECNEC meeting of the current fiscal year held at the NEC Conference Room in the Capital’s Sher-e-Bangla Nagar area with ECNEC Chairperson and Prime Minister Sheikh Hasina in the chair.

Briefing the reporters after the meeting, Planning Minister AHM Mustafa Kamal said a total of 13 projects were approved today involving an overall estimated cost of Taka 9,518.62 crore.

“Of the total project cost, Taka 6,854.69 crore will come from the GoB portion, Taka 71.59 crore from the organization’s own fund while the rest of Taka 2,592.34 crore from project assistance,” he added.

All the approved 13 projects are new projects.

The Planning Minister said out of the five similar projects for upgrading the district highways into due standard and width, Taka 766.58 crore will be spent for the Rajshahi Zone, Taka 756.80 crore will be spent for the Khulna Zone, Taka 654.43 crore for the Rangpur Zone, Taka 652.10 crore for Chattrogram Zone while Taka 538.30 crore for Sylhet Zone.

The Roads and Highways Department under the Roads and Highways Division will implement these five projects.

The main objectives for upgrading the district highways of these five zones are to repair the damaged portion of the highways as well as rehabilitate those and thus ensure a safe, comfortable, time and cost efficient road network.

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