Printed on Mon Sep 26 2022 6:35:26 PM

ECNEC approves 12 projects worth Tk 12,016 crore

Staff Correspondent
National
ECNEC
The Executive Committee of the National Economic Council (ECNEC) has approved 12 projects including urban development. The total cost for the implementation of these has been estimated at 12 thousand 16 crores 88 lakh. Of this, Tk 7,990 crore 14 lakh will be spent from government funds, Tk 3,432 crore from foreign aid, and Tk 594 crore 43 lakh from the company's own funding.

The approval was given at a meeting held at the NEC conference room in the capital's Sher-e-Bangla Nagar on Tuesday, April 5. Prime Minister and ECNEC Chairperson Sheikh Hasina presided over the function from Ganobhaban. After the meeting, Planning Minister MA Mannan and State Minister for Planning Shamsul Alam briefed reporters.

Planning Secretary Pradeep Ranjan Chakraborty, Member of the Physical Infrastructure Division Mamun-al-Rashid and Member of the Planning Commission Nasima Begum were present on the occasion.

The planning minister said the cost of the urban development and city governance project has been estimated at Tk 3,397 crore 81 lakh. Of this, Tk 1,182 crore 25 lakh will be spent from government funds and Tk 2,215 crore 56 lakh from Japan International Cooperation Agency (JICA) loans. It will be implemented by the Department of Local Government Engineering from this year to December 2026.

Other approved projects are: Abdul Hamid Shilpakala Academy and Regional Cultural Center, Mithamin, Kishoreganj project has been estimated at Tk 69 crore 56 lakh. The cost of the Bangladesh Oceanographic Research Institute (Phase II) project has been estimated at Tk 443 crore 94 lakh. The cost of construction and reconstruction of Government Children's Family has been estimated at Tk. 88 crores 49 lakhs. The cost of the Irrigation Management Improvement Project has been estimated at Tk 17 crore 45 lakh. The cost of the first phase project of rehabilitation of coastal dams, development of drainage system, and protection of shores in Tajumuddin and Lalmohan Upazilas has been estimated at Tk. 1,096 crore 60 lakh. The cost of the irrigation and drainage development project in Purbadhala Upazila of Netrokona district has been estimated at Tk 205 crore 94 lakh. The cost of riverbank protection work, wave protection, and canal re-excavation project in 10 Upazilas of Kishoreganj district has been estimated at Tk 654 crore 26 lakh. The cost of the Jhenaidah district rural infrastructure development project has been estimated at Tk 500 crore. The cost of the second phase of the rural infrastructure development project in the Greater Pabna and Bogra districts has been estimated at Tk 1,400 crore. The cost of the project for expansion and strengthening of electrical infrastructure in Dhaka's DESCO area has been estimated at Tk 2,272 crore 47 lakh. The cost of the Essential Drugs Company Limited and Manikganj plant installation project has been estimated at Tk 1,905 lakh 26 lakh.
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