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ECNEC approves 9 projects of Tk 11,851.29cr

Staff Reporter:

The Executive Committee of the National Economic Council (ECNEC) yesterday approved a total of nine projects involving an overall estimated cost of Taka 11,851.29 crore.
The approval came from the 11th ECNEC meeting of the current fiscal year (FY25) with ECNEC Chairperson and Chief Adviser Professor Dr Muhammad Yunus in the chair held at the NEC Conference Room in the city’s Sher-e-Bangla Nagar area.
Of the approved nine projects, six are new while three others are revised projects.
Of the total project cost, Taka 8,046.09 crore will come from the government of Bangladesh portion, Taka 2,988.95 crore as project assistance while the rest of Taka 816.25 crore from concerned organiza-tion’s own fund, said a Planning Ministry press release.
The approved projects in the meeting are: Construction of academic buildings of eight government poly-technic institutes with Taka 451.07 crore, Enhancing capacity of 15 government polytechnic institutes with Taka 1,513.95 crore, Development of selected private colleges for improvement in education through use of ICT, 3rd revised with a reduced cost of Taka 184.46 crore, mosque-based children and mass education programme to improve moral ethics and religious values, 8th phase with Taka 4,645.58 crore, Recovery and Advancement of Informal Sector Employment (RAISE): Reintegration of returning migrants, 1st revised with an additional cost of Taka 91 crore, GRID Power Evacuation System Devel-opment for West Zone Power Distribution Company Limited with Taka 539.71 crore, Power Transmis-sion Strengthening and Integration of Renewable Energy with Taka 4,131.42 crore, Urban Climate Re-silient Infrastructure Project (UCRIP) with Taka 590.42 crore and PRABRIDDHI (Local Economic De-velopment), 1st revised with an additional cost of Taka 72.60 crore.
Besides, the ECNEC meeting was also apprised about four projects which were approved earlier by the Planning Adviser.
Advisers concerned attended the meeting while Planning Commission members and secretaries con-cerned were present.

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