Rs 1,109 mln earmarked for IT, telecom in PSDP

by Team FNVA
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STAFF REPORT
JUNE 3, 2016
IT

 

The federal government has allocated Rs 1109.249 million for 15 development projects of the Information Technology and Telecom Division in the Public Sector Development Programme (PSDP) for the fiscal year 2016-17.

According to the budgetary document released on Friday, the government has earmarked Rs 1109.249 million for 15 development schemes of the division out of which Rs 898.24 million will be spent on 12 ongoing schemes, while a sum of Rs 211.225 million has been earmarked for three new schemes.

In the document, Rs 230 million have been allocated for construction of cross-border OFC system between China and Pakistan for international connectivity of voice/data traffic (SCO) (CPEC related) and Rs 300 million have been spared for replacement of the GSM network in Azad Jammu and Kashmir (SCO). A sum of Rs 128.579 million has been earmarked for installation of OFC to connect remote locations of AJK and Gilgit-Baltistan.

In new schemes, a sum of Rs 151 million has been allocated for the technology park development project in Islamabad Phase-I, while Rs 50 million has been earmarked for provision of seamless GSM coverage along Karakoram Highway for proposed Gwadar-Kashighar economic corridor in Gilgit-Baltistan.

For Gilgit-Baltistan, a sum of Rs 10 million will be spent on expansion and up-gradation of GSM network.

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