Gov’t allocates Rs 22.8 bn for Havelian-Thakot part of CPEC

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Gov't allocates Rs 22.8 bn for Havelian-Thakot part of CPEC

ISLAMABAD: The government has allocated Rs 22.8 billion for the construction of KKH Phase-I, Havelian-Thakot part of China Pakistan Economic Corridor (CPEC) under its Public Sector Development Programme (PSDP) 2018-19.
The total estimated cost of the 118 km long portion of KKH Phase-I was Rs 136.66 billion, says a data of Planning Commission of Pakistan.
Similarly, the government has also allocated Rs 10 billion for land acquisition of Karachi-Lahore Motorway’s Sukkur-Hyderabad section.
For construction of Karachi-Hyderabad M-9 motorway, the government has allocated Rs 250 million for fiscal year 2018-19.
For Lahore-Multan Motorway (M-3 Section) of Karachi -Lahore motorway, the government has earmarked Rs 45 billion for the upcoming financial year.
Moreover, the government has also set aside Rs 1.5 billion for land acquisition and resettlement for CPEC Islamabad-Raikot Section of Havelian-Thakot expressway.
Among new schemes of CPEC, the government has earmarked Rs 1 billion for improvement and widening of Chitral-Booni-Mastuj-Shandur road while another Rs 1 billion has been earmarked for Mirpur-Mangla-Muzaffarabad-Mansehra road.
Under PSDP-2018-19, Rs 500 million have been allocated each for a CPEC project of Shandoor-Chitral road, and Zhob to Kuchlak Road including land acquisition respectively.

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