Finance

City development project worth Rs 3397 crore approved in ECNEC meeting ECNEC Meeting
Photo: Collected ECNEC meeting was held at Sher-e-Bangla Nagar NEC meeting room in the capital on Tuesday under the chairmanship of Prime Minister Sheikh Hasina

City development project worth Rs 3397 crore approved in ECNEC meeting

Bangladesh Live News | @banglalivenews | 06 Apr 2022, 02:00 pm

Own Correspondent, Dhaka, April 6: The Executive Committee of the National Economic Council (ECNEC) has approved a project costing Rs 3,397.81 crore to develop the infrastructure of three city corporations and a municipality in the country as well as enhance their administrative skills and improve the living standards of the local people.

The project was approved at an ECNEC meeting chaired by ECNEC Chairperson and Prime Minister Sheikh Hasina at the Sher-e-Bangla Nagar NEC meeting room in the capital on Tuesday. The Prime Minister attended the meeting via video conference from her official residence Ganobhavan.

After the meeting, Planning Minister MA Mannan told a briefing that the ECNEC meeting gave final approval to a total of 12 projects costing Rs 12,016.88 crore. The government will spend Rs 7,990.14 crore on the project. Rs 594.43 crore will be financed from the respective funds of the concerned organization and the remaining Rs 3,432.31 crore will be provided as project assistance.

Highlighting the directives given by Prime Minister Sheikh Hasina at the ECNEC meeting, the Planning Minister said the Prime Minister has directed the Ministry of Science and Technology to expedite the process of setting up a marine aquarium in Cox's Bazar.

Dr. Kawsar Ahmed, a member of the Planning Commission's General Economics Department (GED), said the Prime Minister had earlier directed the Ministry of Science and Technology to start the process of setting up a marine aquarium in Cox's Bazar.

He said a feasibility study has been completed following the directives of the Prime Minister and DPP has already been prepared in its light. The Ministry of Science and Technology, after making further amendments in the DPP, will submit it to the Planning Commission. The aquarium will be very interesting and the people of the country will learn a lot from it.