PV Desk : The government will build some 15,036 flats –11,004 each measuring 1,250 square feet and 4,032 others of 1,050 square feet each– will be built at Uttara Sector-18 for the low and mid-income people at a cost of Tk 10,902.21 crore.
The Executive Committee of the National Economic Council (ECNEC) at its meeting today approved the ‘Construction of apartments for the low and mid-income people (1st revised) project.
The ECNEC also cleared the ‘Development of infrastructures of countrywide rural bazaars project’ involving Tk 1,730 crore to set up a total of 520 rural bazaars across the country to facilitate marketing of farm and non-farm products.
The approval came from the ECNEC’s weekly meeting held at the NEC conference room with its Chairperson and Prime Minister Sheikh Hasina in the chair.
“A total of eight projects involving an overall estimated cost of Tk 15,221.75 crore have been approved at the meeting,” said Planning Minister AHM Mustafa Kamal while briefing reporters after the meeting.
Of the total project cost, Tk 3,767.84 crore will come from the national exchequer, Tk 10,924.62 crore from the organisations’ own funds while the rest of Tk 529.29 crore as project assistance, said Kamal.