The Executive Committee of the National Economic Council (ECNEC) has approved five development projects with a total estimated cost of Tk 7,003.36 crore. The approval came on Tuesday during a meeting chaired by Prime Minister and ECNEC Chairperson Tarique Rahman at the Secretariat Cabinet Room. Of the total cost, Tk 4,536.10 crore will come from government funds and Tk 2,467.26 crore from project loans. The approved list includes three new projects and two revised ones.

Among the approved projects are the Prime Minister’s Office initiative titled ‘Supporting Infrastructure Project for Chinese Economic and Industrial Zone,’ three projects under the Ministry of Water Resources, and one under the Ministry of Education. The water projects include rehabilitation of the Muhuri-Kahua Flood Control, Drainage and Irrigation Project in Feni, development of the Karatoa River system, and protection of areas in Kushtia district from Padma River erosion. The education project involves establishing one technical school and college in each of 100 upazilas.

The meeting was attended by several ministers and senior government officials. ECNEC was also informed about four additional small-scale projects already approved by the Planning Minister, each costing less than Tk 50 crore.