Home ›› 29 Sep 2020 ›› World Biz
The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved four projects involving a total cost of 796 crore taka, including a 338 crore taka one to make mouza and plot-based national digital land zoning.
The approval came from the 10th ECNEC meeting of the current fiscal year, held virtually with ECNEC Chairperson and Prime Minister Sheikh Hasina in the chair.
The Prime Minister and Planning Minister MA Mannan joined the meeting from Ganobhaban through a videoconference, while other ECNEC members were connected from NEC Bhaban.
“Today, we placed four projects from three ministries. Of them, three are completely fresh projects and one is for revision. The estimated cost of the projects is 796.45 crore taka (only additional cost of the revised project was counted here),” said MA Mannan at a press briefing.
Of the total cost, 623.65 crore taka will be borne from the state coffer, while the rest 172.80 crore taka will come as a loan from the World Bank, he said.
About the Mouza and Plot-Based National Digital Land Zone Project, the Planning Minister said the Land Ministry will implement the project at a cost of 337.60 crore taka by June 2024.
Two other new projects are Bhairab River Re-excavation (2nd Phase) Project involving Tk 237.56 crore and Canal Re-excavation to address Water-logging in Begumganj, Chatkhil, Senbag and Sonaimuri upazilas of Noakhali Project with 71.87 crore taka.
The ECNEC meeting okayed the first revision of Bangladesh Regional Waterway Transport Project-1 (Improvement of Chattogram-Dhaka-Ashuganj and connecting river routes and installation of terminals and others) raising both the cost and time.
The project cost was raised by 149.42 crore taka as it has increased to 3,349.42 crore taka in the revision from the original cost of 3,200 crore taka.
The project deadline was extended to December 2025 from the original deadline of June 2024.
(Source: UNB)
