ISLAMABAD: Chinese Ambassador to Pakistan Nong Rong called on Governor Khyber Pakhtunkhwa Shah Farman in Peshawar.
During the meeting, the Governor apprised the ambassador about investment opportunities in five extraordinary fields of the province. These fields include olives, honey, fresh and dry fruits, saffron and precious stones.
He said investment in these fields will create vast employment opportunities, eventually resulting in economic growth.
The Chinese Ambassador Nong Rong showed great interest in working in the said five fields for investment. He expressed full support of the embassy for promoting the natural resources of Khyber Pakhtunkhwa with Chinese investment companies.
Chairman China Pakistan Economic Corridor (CPEC) Authority Lt Gen (r) Asim Saleem Bajwa was also present on the occasion.
NOWSHERA, April 21 (APP): Prime Minister Imran Khan on Wednesday terming provision of shelter to the common man as a basic responsibility of the State said the government’s low-cost housing projects would benefit the weaker segment of society.
Addressing here at the foundation-stone laying ceremony of Jalozai Apartments for low-income groups, the prime minister said the project aimed at providing shelter to the underprivileged segment of society, particularly the working class and labourers.
Imran Khan said the government would provide Rs 300,000 subsidy on each house while the buyer would pay easy mortgage instalments to get the ownership rights.
He said with the government’s efforts, a long-delayed foreclosure law was settled that resulted in an agreement with banks on mortgage financing, which was the key factor in the materialization of the project.
PESHAWAR: The provincial government departments utilised 62 per cent funds of Annual Development Programme (ADP) released till the third quarter of the current fiscal.
A statement issued here said that the third quarter review meeting of ADP, which was chaired by Chief Minister Mahmood Khan, was briefed about the allocation, release and utilisation of funds besides monitoring and evaluation of development schemes.
The meeting was told that so far Rs124 billion funds of ADP were utilised by different departments. Chief Secretary Dr Kazim Niaz, Additional Chief Secretary Shakeel Qadir Khan and administrative secretaries attended the meeting.
The statement said that during the second quarter, 51 per cent of funds were utilised. During the third quarter, utilisation of funds reached 62 per cent, showing an improvement of 11 per cent.
The meeting was told that the ratio of fund release and utilisation remained at the highest level, during the financial years 2019-20 and 2020-21.
Eleven projects were approved by central development working party and 252 projects were approved by provincial development working party whereas 112 projects were approved by departmental development working party during the third quarter of the current financial year.
The meeting was told that 621 of the total 800 development projects would be completed till the end of the current financial year. It was informed that 2,246 monitoring reports were generated during the ongoing financial year regarding development schemes.
The industries department topped the list with 100 percent utilisation of funds, followed by energy department with 82 per cent utilisation and transport departments stood third by utilising 79 percent funds.
The meeting was informed that Rs10.43 billion was released to elementary and secondary education, Rs6.8 billion to higher education, Rs15 billion to health, Rs20 billion to road, Rs11 billion to irrigation and Rs5.7 billion was released to sports and tourism department whereas Rs124 billion was released for all the development projects during the third quarter.
The chief minister termed utilisation of funds satisfactory. However, he stressed the need for 100 per cent utilisation of funds by the end of financial year.
He said that timely completion of development projects was top priority of government.
He directed the administrative heads of the departments to ensure completion of projects within the stipulated time period so that people could benefit from them without any delay.
The Provincial Development Working Party (PDWP) in its meeting on Thursday approved 14 projects with the cost of Rs34.14 billion.
PESHAWAR: The Provincial Development Working Party (PDWP) in its meeting on Thursday approved 14 projects with the cost of Rs34.14 billion.
A statement issued here said the online meeting of the forum was chaired by additional chief secretary Shakeel Qadir Khan and attended by officials of the relevant departments.
It said the forum considered 17 schemes of local government, urban development, multi-sectoral development, industries, higher education, elementary and secondary education, water, social welfare and home sectors.
It approved construction of 11 small dams in different parts of the province at the cost of Rs27 billion.
The statement said a revised scheme of PSDP was also cleared by the forum while three schemes were deferred due to deficiencies in project documents and were returned to the respective department for rectification.
The forum approved special integrated area development package for South Waziristan at the cost of Rs2.1 billion.
It also approved landscaping/urban forestry plantation, green belts at motorway, N-5, GT and Jamrud and Ring roads approved under the Peshawar Beautification Plan at the cost of Rs39.63 million.
The forum okayed a scheme to strengthen village and neighbourhood councils in merged districts, which would cost Rs242.61 million. It also approved construction of water channel in Kohat and improvement of Hangu-Thall road.