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ECNEC clears Tk 24.59b for four projects  

| Updated: November 03, 2020 19:40:25


ECNEC clears Tk 24.59b for four projects  

The Executive Committee of the National Economic Council (ECNEC) on Tuesday in Dhaka endorsed four development projects at a combined cost of Tk 24.59 billion (Tk 2,459 crore and 15 lac).

Presided over by the Prime Minister Sheikh Hasina, the ECNEC approved two fresh projects and revised two others at its meeting.

After the meting, Planning Secretary Asadul Islam told journalists that the government would provide Tk 16.69 billion funds from its internal resources and the implementing agencies Tk 1.82 billion from their own resources while development partners Tk 6.08 billion as the project aid for the four projects.

The ECNEC revised the “Aminbazar-Mawa-Mongla 400kv power transmission line installation project” of the PGCB extending the cost by 11.49 billion or by 85 per cent to Tk 25.05 billion from its original Tk 13.56 billion estimation.

The committee has also revised the “Upgrading the Panchdona-Danga-Ghorasal road into 4-lane with the slow moving vehicles lanes on the both sides” extending the cost by 5.52 billion to Tk 14.89 billion cost.

 The fresh two projects are: Protection of Shingrabari, Patagram and Baikhola area in Sirajganj from the Jamuna River erosion at Tk 5.60 billion cost and “Establishment of dry-fish processing plant at Cox’s Bazar project at Tk 1.99 billion.”

Ministers, Planning Commission members and high officials concerned were present at the ECNEC meeting.

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