CDWP Approves 10 Projects Worth Rs115 Billion

Web DeskMay 5, 2024 10:37 AMnational
  • CDWP greenlights 10 projects totaling Rs115 billion for development
  • Deputy Chairman Planning Commission leads crucial meeting for project approval
  • Projects forwarded to ECNEC for final sanctioning
CDWP Approves 10 Projects Worth Rs115 BillionImage Credits: thecurrentpk
The Central Development Working Party (CDWP) approved 10 development projects worth Rs115 billion, signaling progress in Pakistan's economic growth and infrastructure. Deputy Chairman Planning Commission led the meeting attended by key stakeholders.

The Central Development Working Party (CDWP) convened a crucial meeting on Friday where a total of 10 development projects were given the go-ahead. These projects have a combined cost of Rs115.458 billion. During the meeting, the CDWP approved eight projects amounting to Rs17.297 billion. Additionally, two projects valued at Rs98.161 billion were forwarded to the Executive Committee of the National Economic Council (ECNEC) for final approval.

The meeting, presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, was attended by high-ranking officials including Secretary Planning Awais Manzur, members of the Planning Commission, and representatives from various federal ministries and provincial governments.

The CDWP is a key forum responsible for approving development projects in Pakistan. It plays a crucial role in evaluating and sanctioning projects that aim to drive economic growth and improve infrastructure across the country. The decisions made during CDWP meetings have far-reaching implications for the development landscape of Pakistan.

The approval of these 10 projects signifies a significant step towards advancing development initiatives in Pakistan. With a total investment of over Rs115 billion, these projects are poised to contribute towards economic progress and enhance the quality of infrastructure in the country. The involvement of key stakeholders in the decision-making process underscores the commitment to fostering sustainable development in Pakistan.

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