Finance
ECNEC ECNEC approves 5 projects worth Tk 7,505 crore
Dhaka, November 17: The Executive Committee of the National Economic Council (ECNEC) has approved five projects at a cost of Tk 7,505.29 crore. Of this, the government will provide Tk 7,428.71 crore and the company will provide its own funding of Tk 78.68 crore.
The projects were approved at an ECNEC meeting chaired by ECNEC Chairperson and Prime Minister Sheikh Hasina on Tuesday (November 17).
According to the Secretary of the Planning Department, four of the approved projects are from the Local Government Department / Local Government, Ministry of Rural Development and Cooperatives and one from the Ministry of Water Resources. Of the projects, three are new and two are revised.
Giving details of the approved projects, the secretary said the Water Resources Ministry's project is to protect Katlamari under Fulchhari upazila of Gaibandha district and Gobindi and Haldia areas under Saghata upazila from erosion on the right bank of Jamuna river. It will cost Tk 798.53 crore. The project will be implemented from July this year to June 2023.
The remaining four projects belong to the Department of Local Government / Ministry of Local Government, Rural Development and Cooperatives. Among them, the project 'Rehabilitation of Rural Road Infrastructure Damaged by Cyclone Amphan and Flood' will cost Tk 5,905.59 crore.
The project will be implemented between October this year and December 2023.
The project 'Development of Khulna City Corporation's Waste Management' will cost Tk 393.40 crore. Of this, the government will give Tk 314.72 crore. The implementing agency Khulna City Corporation will give Tk 78.68 crore.
The first amendment of the 'Important Rural Infrastructure Development Project: Barisal, Jhalokati and Pirojpur District' project has been approved among the two revised projects of the Ministry of Local Government / Local Government, Rural Development and Cooperatives.
Expenditure on amendments has increased from Tk 950 crore to Tk 1,255 crore. The project, which started in November 2017, was scheduled to be completed in June 2022. This time has been extended till June 2023.
