The government today approved two separate projects on the Western Economic Corridor and Regional Enhancement Programme (WeCARE) Phase 1 including the WeCARE Phase-1: Jhenidah-Jashore Highway (N-7) development project with an estimated cost of Taka 4,187.70 crore in a bid to upgrade 48.50km highway to six lanes including service lanes on both sides.
The approval came from the 16th meeting of the Executive Committee of the National Economic Council (ECNEC) in the current fiscal year (FY21) held today with ECNEC Chairperson and Prime Minister Sheikh Hasina in the chair.
The premier joined the meeting virtually from her official Gono Bhaban residence while ministers, state ministers and secretaries concerned joined the meeting from the NEC Conference Room in the city's Sher-e-Bangla Nagar area.
Briefing reporters virtually after the meeting, Planning Division Senior Secretary Md Ashadul Islam said that the meeting approved a total of seven projects involving an overall estimated cost of Taka 10,702.23 crore. "Of the total project cost, Taka 6,459.27 crore will come from the Government of Bangladesh while the rest Taka 4,242.96 crore as project assistance," he added.
Of the approved seven projects, five are new while two are revised projects.