Infrastructure: Body formed to expedite Karachi motorway project
Body to attract local and international parties for participating in these projects.
ISLAMABAD:
Finance Minister Dr Abdul Hafeez Shaikh has formed a coordination committee to expedite execution of development projects based on build, operate and transfer (BOT) mechanism and to attract local and international parties for participating in these projects.
Chairing a meeting here on Tuesday, Shaikh constituted the committee, which he said would work on the same lines as the proposed implementation board. The committee will comprise Planning Commission deputy chairman, commission’s member (implementation and monitoring), National Highway Authority (NHA) chairman, communications secretary and planning secretary.
The committee will especially focus on construction of the mega Karachi-Hyderabad motorway (M-9) project.
Earlier, the Planning Commission’s member (implementation and monitoring) presented a brief strategy for fast track execution of projects and proposed constitution of an implementation board.
He said the board would assist executing agencies in implementing rules, regulations, policies and procedures for public-private partnership arrangements, keeping in view laws and regulations defined by procurement regulators and international standards.
Published in The Express Tribune, September 14th, 2011.
Finance Minister Dr Abdul Hafeez Shaikh has formed a coordination committee to expedite execution of development projects based on build, operate and transfer (BOT) mechanism and to attract local and international parties for participating in these projects.
Chairing a meeting here on Tuesday, Shaikh constituted the committee, which he said would work on the same lines as the proposed implementation board. The committee will comprise Planning Commission deputy chairman, commission’s member (implementation and monitoring), National Highway Authority (NHA) chairman, communications secretary and planning secretary.
The committee will especially focus on construction of the mega Karachi-Hyderabad motorway (M-9) project.
Earlier, the Planning Commission’s member (implementation and monitoring) presented a brief strategy for fast track execution of projects and proposed constitution of an implementation board.
He said the board would assist executing agencies in implementing rules, regulations, policies and procedures for public-private partnership arrangements, keeping in view laws and regulations defined by procurement regulators and international standards.
Published in The Express Tribune, September 14th, 2011.