384 infra projects overrun by Rs 4.66 trillion
ECONOMY & POLICY

384 infra projects overrun by Rs 4.66 trillion

Around 384 infrastructure projects, each with an investment of Rs 1.5 billion or above, have overrun by more than Rs 4.66 trillion. Total original cost of implementation of the 1,514 projects had been Rs 2.1 trillion and their anticipated completion cost is likely to be Rs 2.6 trillion, which reflects cost overruns of Rs 4,664 billion (21.99 per cent of the original cost). As per reports, the expense incurred on these projects till June 2022 has been Rs 1.3 trillion, which is 51.43 per cent of the anticipated cost of the projects. However, the number of delayed projects decreases to 552, if the delay is calculated on the basis of the latest schedule of completion.

Around 384 infrastructure projects, each with an investment of Rs 1.5 billion or above, have overrun by more than Rs 4.66 trillion. Total original cost of implementation of the 1,514 projects had been Rs 2.1 trillion and their anticipated completion cost is likely to be Rs 2.6 trillion, which reflects cost overruns of Rs 4,664 billion (21.99 per cent of the original cost). As per reports, the expense incurred on these projects till June 2022 has been Rs 1.3 trillion, which is 51.43 per cent of the anticipated cost of the projects. However, the number of delayed projects decreases to 552, if the delay is calculated on the basis of the latest schedule of completion.

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