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The Financial Express

ECNEC approves sixteen development projects

FE Online Report


| Updated: December 27, 2017 16:13:41


Prime Minister Sheikh Hasina presides over the ECNEC meeting on Tuesday. -Focus Bangla Photo Prime Minister Sheikh Hasina presides over the ECNEC meeting on Tuesday. -Focus Bangla Photo

The government Tuesday approved sixteen development projects at a combine cost of Tk 159.69 billion.

The Executive Committee of the National Economic Council (ECNEC) approved the projects at its meeting in Dhaka.

Prime Minister Sheikh Hasina, also the ECNEC Chairperson, presided over the meeting.

Emerging from the meeting, Planning Minister AHM Mustafa Kamal told reporters that all the 16 approved projects will require Tk 159.69 billion to complete their entire works.

Among the total cost, Tk 38.39 billion will come as project aid from the foreign development partners, Tk 118.30 billion from the government’s internal resources and the rest Tk 3.0 billion from the implementing agencies’ own funds, he said.

The ECNEC in its meeting Monday endorsed two bigger rural infrastructure development schemes including Mymensingh Region Rural Infrastructure Development Project at Tk 31.84 billion cost, and Rangpur Division Rural Infrastructure Development Phase-II Project at Tk 28.85 billion.

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