Till date, 16 of the 82 Project-Tied Assistance (PTA) projects have been successfully completed, while the remaining 66 are either in various phases of implementation or are almost finished.
It is anticipated that all projects will be finished by the end of the 12th Five Year Plan (FYP).
Despite difficulties wrought by the covid-19 epidemic, the Project Monitoring Committee (PMC) observed significant progress in all initiatives.
The second PMC meeting of the government of India (GoI) PTA project’s 12th FYP took place on July 12 this week in Thimphu.
The PMC was co-chaired by Wangchuk Namgay, Officiating Secretary, Gross National Happiness Commission (GNHC) and Amit Shukla, Director (North), Ministry of External Affairs, India.
Officials from the GNHC, Ministry of Foreign Affairs, Ministry of Finance, Indian Embassy, Project DANTAK, and the PTA project implementing sectors and agencies also attended the PMC.
According to a press release from the GNHC, the PMC members also visited project sites and praised the good progress made for the construction of Jigme Singye Wangchuck School of Law (Royal Institute of Law) in Paro, and construction of the 150-bed Mother and Child Hospital in Thimphu.
Among others, the CSI Market in Changzamtog in Thimphu, the four-lane road from Chubachu to Jungzhina in Thimphu, and the construction of Simtokha round-about in Thimphu and reconstruction of Wangduephodrang Dzong were also commended for their progress.
The press release also states that the PMC recommended expediting the release request of Nu 5,548.787 million for 31 PTA projects to the plan talks, which are anticipated to take place between the second and third week of August this year.
The PMC also recommended upward cost revision of nine projects with good progress, reconciliation of five projects, progress reports of the PTA projects, and submission of the project requests to the plan talks.