Govt earmarks over Rs839m for Commerce Division

ISLAMABAD (APP) - The government has allocated an amount of Rs. 839.167 million for various ongoing and new projects of Commerce Division under the Public Sector Development Programme (PSDP) 2009-10. According to PSDP documents released here on Saturday, Rs. 10 million have been earmarked for a new project, while Rs. 829.167 million for the ongoing eight projects. The government under PSDP has earmarked Rs.30 million for Adoption of Social Accountability (SA 8000) Islamabad and Rs 20.380 million for Creation of Domestic Commerce Wing in Ministry of Commerce Islamabad. While Rs 10 million have been allocated for Creation of Planning and Monitoring Wing in Ministry of Commerce Islamabad. Rs. 126 million have been allocated for construction of building for Pakistan School of Fashion Design at Jauhar Town Lahore, Rs 50 million have been earmarked for purchase of Equipment, Furnishing, Curriculum Development and Training of Pakistan School of Fashion Design Lahore and Rs. 80 million, including Rs. 60 million of foreign exponent for Trade and Transport Facilitation Project - 2: Trade and Transport Facilitation Unit (TTFU) - World Bank. In addition, Rs. 445 million have been allocated for Expo Centre, Lahore, a joint venture of Federal Government and Provincial Government of Punjab and Rs. 67.787 million for Restructuring Foreign Trade Institute of Pakistan, Islamabad. While Rs. 10 million have been allocated for a new project, Setting up of Regional Reconstruction Opportunity Zones for Trade in FATA, NWFP, Balochistan and AJK.

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