ISLAMABAD: Prime Minister Nawaz Sharif on Friday approved allocation for construction of Diamer-Bhasha Dam (4500 MW), Dasu Hydro Power Project (2160 MW), Construction of Faisalabad-Khanewal Motorway and Rawalpindi-Islamabad Metro Bus project.

Presiding over a meeting to finalise the Public Sector Development Program (PSDP) allocation for financial year 2014-15 here at the PM House, he said these projects would not only create millions of job opportunities in the country but also raise the living standards of the people.

Prime Minister Sharif said that development projects initiated by the Pakistan Muslim League-Nawaz (PML-N) government have taken the country on to the road of progress and will usher in an era of prosperity.

According to a press release, the premier told the participants that each penny in the national kitty was a public trust and emphasised upon efficient use of public money.

The meeting was attended by Finance Minister Ishaq Dar, Planning Minister Ahsan Iqbal, MNA Hamza Shahbaz Sharif, MNA Capt (retd) Safdar and senior officials of the concerned ministries.

The prime minister was given a detailed briefing on the PSDP projects included in the next financial year budget. He was told that each project, whether small, medium or large had been evaluated with reference to cost, importance, priority and time frame.

Sharif directed to expedite work on Lahore-Karachi Motorway. He was told that the work on this project would be started by end of current year.

The meeting also discussed and approved the initiatives of feasibility studies; for construction of new rail link from Islamabad to Muzaffarabad via Murree, construction of new rail link from Havelian to Pakistan-China Border, connect Gawadar with Karachi through rail, approach roads to new Islamabad International Airport, new Gawadar International Airport project, jetty and infrastructure development at Gaddani, Gawadar Port Economic Free Zone project, Pakistan-China Technical and Vocational Institute at Gawadar and Quaid-i-Azam Solar Park at Lal Sohnra Park Phase-II (600 MW).