HomeBudgetBudget 2016-17Rs 909.525 mln set aside for Industries, production division

Rs 909.525 mln set aside for Industries, production division

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ISLAMABAD, June 3 (APP): Government has set aside Rs 909.525 million for 13 ongoing development projects of Industries and Production Division under Public Sector Development Programme (PSDP), 2016-17.
According to the PSDP documents released here Friday, Rs 193.85 million have been earmarked for development projects of Pakistan Gems and Jewellery Development Company while Rs 100 million have been allocated for establishment of CFC for Silk Cluster at Mingora, Swat.
Similarly, a sum of Rs 6.64 million would be spent on the establishment of
Bostan Industrial Estate (Phase-1) Balochistan,
and Rs 100 million have been earmarked for establishment of Design Institute
specially for Energy Sector Plants at HMC, Taxila.
For the project establishment of Gems and Jewellery
Development Company, Azad Jammu Kashmir, an amount of Rs 24.5
million have been set aside while for establishment of infrastructure in Quetta
industrial and trading estate (phase-II), an amount of Rs 25.35 million has been allocated.
Likewise, Rs 17.5 million have been earmakred for the project of Foundry Service Center, Lahore whereas Rs 80 million each have been allocated for the projects Hyderabad Engineering Support Center, Hyderabad, Light Engineering Upgradation Center for SMEs in Balochistan, Hub, Lasbela and Peshawar Light Engineering Center, Peshawar.
A sum of Rs 30 million, Rs 33 million and Rs 69 million have been allocated for PC-II for feasibility study on Establishment of Turbines and power plants equipment manufacturing facilities HMC, Taxila, Provision of Infrastructure in Quetta Industrial State (Phase-IV) and Water Supply Schemes for Hub Industrial Trading Estate Phase-II (extension) respectively.

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