Senate cleared P3A Act

Image

ISLAMABAD: A Senate panel on Wednesday unanimously cleared the Public-Private Partnership Authority (P3A) Act that gives representation to a member each of the two houses of parliament and the provinces on its board, but did not clear a bill on the China-Pakistan Economic Corridor Authority (CPECA) for lack of provincial representation.

A meeting of the Senate Standing Committee on Planning and Development presided over by Saleem Mandviwalla unanimously passed the P3A Act, recommending the nomination of one member each of the Senate and the National Assembly, to be nominated by the chairman and speaker, respectively, for the authority’s board for input on development projects in the P3 mode.

The bill, proposed by Senator Abdul Qadir, also envisaged reducing the number of private sector members in the P3A board to four from five, with the condition that one would come from each province. It was explained that elected representatives should be on the board of such authorities to represent interests of the electorate and the general public in policy formulation.

The provincial representation on the same lines has to take care of provincial interests because such projects had considerable employment implications.

The meeting expressed displeasure over the inability of National Highway Authority (NHA) to provide adequate information on projects worth Rs2 billion and above.

The committee appraised the status of various projects in terms of source of funding and estimated costs but the members expressed concern regarding lack of information and sought details with updated figures in the next meeting.

Questions were raised regarding the process of tendering and the reasons for breaking up of large projects into smaller ventures. The NHA representatives, however, said the method was used to facilitate middle tier contractors so that they could also be engaged.

Bills from members related to the CPECA were deferred after Special Assistant to the Prime Minister on CPEC Khalid Mansoor promised to come back with government stance on inclusion of provincial representatives in the board.

The senators were of the view that sense of discontentment was increasing among the provinces, particularly Balochistan, in terms of CPEC projects and special zones. Hence it was necessary that all provinces be given representation in CPECA’s board of directors.

Mr Mansoor said the authority required experts to pursue various nodes of the multi-billion dollar programme and the CPECA had separate coordination mechanism with the provinces including through 11 working groups on different sectors.

Mr Mandviwala said the authority should include at least six members, representing four provinces and Azad Jammu and Kashmir and Gilgit-Baltistan.

You May Also Like

Image

Pakistan Stock Exchange marked 98,000 points

KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade

Image

ICC warrant against Netanyahu political death of Israel: Iran Revolutionary Guards chief

TEHRAN: The head of Iran’s Revolutionary Guards described the arrest warrant issued by the International Criminal Court for Israeli Prime

Image

Gun attack on passenger vans in Lower Kurram death toll risen to 42

LOWER KURRAM: The death toll in yesterday’s gun attack on passenger vans in Khyber Pakhtunkhwa’s Lower Kurram has risen to 42,