Dhaka: The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved the ‘Procurement of 200 MG passenger coaches for Bangladesh Railway’ project with Tk 927.52 crore, aiming to provide modern, safe and improved services to the commuters.

The approval came from the 9th ECNEC meeting of the current fiscal year held at the NEC conference room in Dhaka’s Sher-e-Bangla Nagar area with ECNEC chairperson and Prime Minister Sheikh Hasina in the chair.

Briefing reporters after the meeting, Planning Minister AHM Mustafa Kamal said that a total of eight projects were approved today with an estimated cost of Tk 3,488.20 crore.

‘Of the total project cost, Tk 1,440.35 crore will come from the state exchequer, Tk 20.14 crore from the organization’s own fund while the rest of Tk 2,027.71 crore as project assistance,’

Of the approved eight projects, five are new while three are revised ones.