CDWP approves Rs 909.285 million CPEC Support Project
ISLAMABAD, Mar. 5 (Gwadar Pro) - The Central Development Working Party (CDWP) approved as many as 11 development projects worth Rs 63.82 billion on Thursday. Among them it approved China-Pakistan Economic Corridor (CPEC) Support Project (2nd Revised) at the cost of Rs 909.285 million.
The 2nd revised project envisages establishing Project Management Unit (PMU) at the Ministry of Railways and a Project Implementation Unit (PIU) in Lahore, for efficient and effective implementation of ML-1 of Pakistan Railways.
These activities primarily comprise supervision and monitoring of project activities like preliminary design, cost estimation, preparation of PC-1, monitoring & processing of tenders for EPC contract(s), and monitoring and liaison during the execution of the project, and for this purpose, a specific provision will be made for PC-1 for hiring of human resources.