Dhaka: The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved the revision of the Moghbazar-Mouchak flyover project with an increased cost of Tk 446.20 crore, raising the overall project cost to Tk 1218.90 crore, reports UNB.

The approval was given at the ECNEC meeting held at the NEC conference room in the city’s Sher-e-Bangla Nagar area with ECNEC chairperson and Prime Minister Sheikh Hasina in the chair.

Briefing the reporters after the meeting, Planning Minister AHM Mustafa Kamal said that a total of 10 projects were approved with an overall estimated cost of Tk 4,830.92 crore.

‘Of the total project cost, Tk 3,603.38 crore will come from the state exchequer, Tk 776.17 crore from project assistance while Tk 541.37 crore from the concerned organisations’ own fund,’ he aid.

Seven schemes are new while three have been revised, he said.