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ECNIC approves PC1 of ML1 project worth Rs.9 billion 851 crore


A meeting of the Executive Committee of the National Economic Council (ECNC) was held under the chairmanship of Finance Minister Ishaq Dar- Photo: PID

A meeting of the Executive Committee of the National Economic Council (ECNC) was held under the chairmanship of Finance Minister Ishaq Dar.

According to the announcement of the meeting, ECNIC approved the PC-1 of the ML-1 project worth 9 billion 851 crore rupees.

The statement said that under the project, the existing system of Pakistan Railways will be improved. ECNIC also approved the Karachi Circular Project worth Rs. will meet

The statement said that the Karachi Circular Railway project is 44 kilometers long in which modern tracks will be laid, the Karachi Circular Railway project will start from Drug Road and pass through Gulshan Iqbal, Federal B Area and Liaquatabad.

Apart from this, ECNIC also gave approval to set up a 48 megawatt hydropower project in Neelam Azad Kashmir, which will be set up near Keel on the banks of the Neelum river.

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