The Executive Committee of the National Economic of Council (Ecnec) on Tuesday approved the ‘Countrywide pond and canal development project’ with an estimated cost of Tk 1,334.95 crore, aiming to preserve surface water through development and re-excavation of ponds and canals.
The approval came from the weekly Ecnec meeting held at the NEC conference room with Ecnec Chairperson and Prime Minister Sheikh Hasina in the chair.
Briefing reporters after the meeting, State Minister for Finance and Planning MA Mannan said nine projects were approved today with an overall cost of Tk 10,331.75 crore. “The cost of all the projects will come from the national exchequer,” he said.
Of the approved nine projects, five projects are new while four are revised ones, he said.