PRESS RELEASE

National coordination Committee on Foreign Funded Projects 
Federal Transport & Communication 

Federal Minister for Economic Affairs Sardar Ayaz Sadiq chaired the meeting of National Coordination Committee on Foreign-Funded Projects (NCC-FFP) at Ministry of Economic Affairs today in Islamabad. 
The meeting was attended by Minister Planning Commission of Pakistan, State 
Minister for Finance, Secretary Economic Affairs Division, Additional Chief 
Secretaries of provincial Governments. The Representative of PM’s Office, Finance Division and Provincial P&D and line Departments and Boards of Revenues were also present at the session. 
Senior officials of Ministry of Communications, National Highway Authority (NHA), Finance Division were also present in NCC-FFP session. In this follow-up meeting, the NCC-FFP reviewed the compliance status of forum’s decisions made in light of previous meetings held on Transport & Communication sector. The Committee discussed 12 ongoing projects of Road & Transport Sector amounting to US$ 5.6 billion. funded by ADB, WB, China, Saudi Fund for Development (SFD), Japan & South Korea. 
The Minister lauded the efforts of line ministries and departments for smooth implementation of foreign-funded projects in this sector. These projects having significant for improving regional connectivity and facilitating trade with Afghanistan & Central Asia. 
The Minister directed the line departments to strictly follow the timelines for expeditious implementation of the projects. He emphasized that development projects must be executed in timely and efficient manner so that people can benefit from these projects without any delay.