Government releases Rs 15.4 bln for Burhan-Hakla Road

The government has released Rs 15.4b for the construction of the China-Pakistan Economic Corridor (CPEC) project Burhan-Hakla on M-I to D.I. Khan Motorway out of total allocation of Rs 22b under Public Sector Development Programme (PSDP) for the year 2016-17.

According to latest data released by the Ministry of Planning and Development, the total cost of the project is Rs 124.208 b while Rs 10b had already been spent till June 30, 2016. Similarly, the government also released Rs 700m out of total allocation of Rs 16,500m for Thahkot to Havelian 118 KM (Construction).

The expenditures up to June 30, 2016, remained Rs 20,500m out of a total project cost of Rs 136,659.7m. For the land section of Thahkot to Havelian road, the government has released 100 pc funds of Rs 1858m allocated for the project for the year 2016-17. The total cost of this project is Rs 6,858m while up to June 30, 2016, Rs 5000m had been spent on the project.

For the construction of Blacktopping of the access road from Makran Coastal Highway to New Gwadar International Airport under CPEC, an amount of Rs 62.15m has been released out of total allocation of Rs 100m for the current fiscal year.

Must Read

Political turmoil drives stocks into red zone, PSX drops over 2,400...

Pakistan Army was deployed in Islamabad after death of four Rangers and two police personnel caused by a vehicle ramming into security forcesÂ