ECNEC Approves 5 Projects Worth BDT 7,003 Crore

The Executive Committee of the National Economic Council (ECNEC) has approved five development projects totaling BDT 7,003.36 crore. Of this, BDT 4,536.10 crore will be sourced from government funds, and BDT 2,467.26 crore will come from project loans.

The approval came during an ECNEC meeting held on Tuesday (June 16) at the Cabinet Division conference room in the Secretariat. Prime Minister and ECNEC Chairperson Tareque Rahman presided over the meeting. Among the approved projects, three are new, and two are revised.

Read More:  Prime Minister Visiting Cox's Bazar Today

Finance and Planning Minister Amir Khosru Mahmud Chowdhury, Local Government and Rural Development Minister Mirza Fakhrul Islam Alamgir, Foreign Minister Dr. Khalilur Rahman, several other relevant ministers including those from industries and commerce, and top government officials were present at the meeting.

Among the approved projects is the ‘Supporting Infrastructure Project for Chinese Economic and Industrial Zone’ under the Prime Minister’s Office. Additionally, three projects under the Ministry of Water Resources received approval. These include the Rehabilitation of Muhuri-Kahua Flood Control, Drainage, and Irrigation Project in Feni (Phase 1), the Karatoya River System Development Project, and the Padma River Bank Protection Project in Mirpur and Kumarkhali areas of Kushtia (1st revised).

Read More:  Gold Prices Decrease Again in Local Market

Furthermore, the third revision of the ‘Establishment of One Technical School and College in 100 Upazilas’ project under the Ministry of Education also received approval.

Beyond these five major projects, ECNEC was also informed about four other projects with expenditures less than BDT 50 crore. These include the construction of airmen barracks at the Air Force Base in Cox’s Bazar, the establishment of a Navy School and College in Savar, the development of educational infrastructure at Shamshernagar Air Force Station, and the fourth phase of pagoda-based pre-primary and Tripitaka-based religious education activities.

Read More:  Prime Minister: Rapid Recruitment to Vacant Government Posts to Commence

Facebook Comments Box
spot_img

Explore more

spot_img

Prime Minister: Calling the Budget Anti-People Means One Is Not a...

0 Prime Minister Tareque Rahman stated that those who label the budget, formulated for the welfare of the people, as anti-people, cannot truly be friends...

What Traders Need to Know

Kevin Warsh First FOMC, Binance vs. MiCA as CZ Takes on...

BTC Price Stalls at $67K While ETH and SOL Lead the...

SpaceX is trading like a $2T meme stock after its record...

SpaceX’s first week as a public company is starting to look less like a conventional stock-market debut and more like a high-leverage crypto asset.Shares...