KP to spend Rs. 167.9 mln on CPEC-related projects
PESHAWAR, July 14 (Gwadar Pro) - The Khyber Pakhtunkhwa (KP) Government will spend Rs. 167.9 million on the construction, improvement, rehabilitation, and solarisation of five different projects related to the China-Pakistan Economic Corridor (CPEC).
The total estimated cost of these projects is Rs. 2.51 billion; however, the rest of the amount will be released beyond the financial year 2022-23.
According to official documents available with Gwadar Pro, the Government has allocated Rs. 87.243 million during FY 2022-23 for the construction of link roads to CPEC highways from the tribal district of the province. The total estimated cost of the project is Rs. 136.124 million. The remaining Rs. 171.986 million for the project will be released beyond the financial year 2022-23.
Similarly, the total estimated cost of the construction of BT Road from Ustrana Area Kohi Bahara to Sherani Tehsil Darazinda and National Highway at Parwara Mughal Kot Road Ph-II (10 Km), CPEC, is Rs. 129 million. For this D.I. Khan-based project, an amount of Rs. 84.209 million was released during the outgoing financial year while Rs. 45.613 million has been allocated in FY 2022-23.
The improvement/rehabilitation project of the three-kilometer-long Mansehra Lassan Nawab Road (CPEC Interchange) will be completed with an estimated amount of Rs. 690 million. Rs. 53.987 million were allocated during the previous fiscal year while Rs. 10 million have been allocated for FY 2022-23; similarly, Rs. 626.13 million will be released beyond FY 2022-23.
The improvement/rehabilitation of the 6.9-km-long Bakrial City Road from CPEC Interchange to Mansehra-Naran-Jalkhad (MNJ) Road Mansehra is to be completed with an estimated amount of Rs. 600 million. During the current fiscal year, Rs. 25 million has been allocated for the project while the remaining amount will be released beyond 2022-23.
Likewise, during FY 2022-23, an amount of Rs. 20 million has been allocated for the solarisation of the PHE Department’s existing scheme under CPEC. The total estimated cost of the project is Rs. 695.406 million. The remaining amount of Rs. 675.406 million will be released beyond FY 2022-23.