Delays in foreign-funded projects: Senate body expresses its reservations
ISLAMABAD: The Senate Standing Committee on Economic Affairs on Thursday expressed reservations over long delays in foreign-funded projects, called for transparency in procurement and timely completion of development projects, and grilled the National Highway Authority (NHA) over serious financial and contractual lapses by paying approximately Rs 5 billion as a mobilisation advance for the CARIC…
The Senate Standing Committee on Economic Affairs expressed concerns over delays in foreign-funded projects in Pakistan, calling for transparency in procurement and timely completion of development projects. The committee, chaired by Senator Saifullah Abro, reviewed ongoing foreign-funded projects, including water and wastewater schemes in Punjab, the 765kV Dasu-Islamabad Transmission Line Project, and the Communications Sector CAREC Tranche-III Project.
The committee was briefed on the Extension of Water Resources for Faisalabad City Phase-II, which was approved in 2019 but is facing significant delays. The National Highway Authority (NHA) was also grilled over financial and contractual lapses, paying approximately Rs 5 billion as a mobilisation advance for the CARIC Lodhran–D.I. Khan section.
Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
