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At least 58 large-scale development projects to be completed within 2024

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The Department of Project Management and Supervision has presented the performance report on large-scale development projects by reviewing the performance data and information submitted by the relevant ministries on the financial and physical progress of the large-scale development projects implemented by the line ministries by the end of the first quarter of 2024. According to the reports, 171 large-scale development projects will be implemented in the year 2024, and except for nine projects, all the remaining projects are scheduled to be completed by the end of the year 2026.

Accordingly,
The Cabinet of Ministers approved the proposal presented by the President in his capacity as the Minister of Finance Economic Stabilization and National Policies taking into account the need of speedy completion of the large-scale development projects that are currently underway, and to complete 58 projects which have achieved more than 80% progress by now, within the year 2024. And also, refer the projects which are currently suspended due to lack of sufficient funds to the National Operations Room Committee to carry out the necessary studies before investing further.

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