ECNEC approves 4 projects worth Tk 1,222.14cr

Today, the National Economic Council’s (ECNEC) Executive Committee approved four development projects with a combined projected cost of Taka 1,222.14 crore.

The decision came at the ECNEC’s second meeting of the current fiscal year (FY25) and at the first meeting of the interim administration that replaced the Awami League government after Sheikh Hasina was overthrown in the wake of the July–August student-led movement.

The conference was place at the Chief Adviser’s Office in the Tejgaon section of the city, and was chaired by Prof. Dr. Muhammad Yunus, the Chief Adviser to the interim government.

Following the meeting at the NEC Conference Room in the Sher-e-Bangla Nagar area of the city, Dr. Wahiduddin Mahmud, the adviser to the Ministries of Planning and Education, briefed reporters. He stated that of the total expenditure of Taka 1,222.14 crore, Taka 963.82 crore will come from the government of Bangladesh, Taka 100.16 crore will be project assistance, and the remaining Taka 158.16 crore will come from the funds of the concerned organization.

The two newly approved projects are “Sustainable Social Services Delivery in Chattogram Hill Tracts (2nd Phase)” with a budget of Taka 400 crore and “Two Appraisal Cum Development Wells (Sundalpur-4 & Srikail-5) and Two Exploratory Wells (Sundalpur South-1 & Jamalur-1)” with a budget of Taka 588.40 crore.

Additionally, two other revised projects have been added: “Tottho Apa: Empowering Women Through ICT Towards Digital Bangladesh Project, 2nd phase and 2nd revised” will cost an additional Taka 163.11 crore and will shorten the project’s timeline by one year. The other revised project is the “Bakhrabad-Meghnaghat-Haripur Gas Transmission Pipeline, 1st revised,” which will cost an additional Taka 70.63 crore.

In addition, the adviser announced that the Tottho Apa project’s name would change.

Attending the meeting were concerned secretaries and advisors.

The previous Awami League government convened the final ECNEC meeting at the Planning Commission on July 2.

This article has been posted by a News Hour Correspondent. For queries, please contact through [email protected]
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