CM Buzdar approves elevated expressway from Gulberg to M2

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LAHORE: The construction of an elevated expressway – from Gulberg to motorway M2 was approved by Chief Minister Usman Buzdar.

The meeting presided over by CM Punjab was attended by Provincial ministers Aslam Iqbal, Asad Khokhar, LDA DG, and other relevant officials. 

The approved project will cover Canal Bank Road, Jail Road, Ferozepur Road, Multan Road and Bund Road to Babu Sabu. In addition, the road project will also feature a bus passageway constructed alongside.

The project is aimed to reduce 65 per cent on major roads of the provincial capital, informed CM Buzdar.

 

For news and blogs, visit Graana.com.




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CM Balochistan approves over Rs7bn for development projects

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QUETTA: The Chief Minister (CM) of Balochistan Jam Kamal Khan Alyani has approved over Rs7 billion to complete various development schemes.

A sum of Rs7 billion has been approved to complete 135 road projects. The CM also allocated funds for the construction of low-cost housing schemes in five districts and ordered the authorities to submit the feasibility study for the project. In addition, 114 schemes will be worth Rs1.7 billion were okayed.

A total of Rs100 million were approved for the first ‘smart building’ under the provincial information department.

The CM sanctioned a sum of Rs1 billion each for 114 schemes to be developed for the Sports department – including a Sports Complex in Qila Abdullah and a Go-cart Track project in Quetta and the Poverty Alleviation Programme.

 

For news and blogs, visit Graana.com.




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P3A approves Sialkot-Kharian motorway project worth Rs27.8bn

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Islamabad: The Sialkot-Kharian Motorway project costing Rs27.8 billion was approved in the Board meeting of the Public-Private Partnership Authority (P3A).

The meeting was chaired by Minister for Planning, Development and Special Initiatives Asad Umar.

The National Highway Authority (NHA), Frontier Works Organization (FWO), and Sultan Mehmood & Co. will construct a 69 km long, 4-lane road on a Build-Operate-Transfer (BOT) basis under Public-Private Partnership (PPP).

The government will back up the project’s financial viability via Viability Gap Fund (VGF) comprising Rs. 10.94 billion. The project will be completed within 24 months after the financial close, with a concession period of 25 years.

The future project will complement the Kharian-Rawalpindi Motorway and also supplement the inflow of the existing Lahore-Sialkot Motorway.

 

For news and blogs, visit Graana.com.




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ADB approves $235mn for development of highways

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ISLAMABAD: The Asian Development Bank (ADB) has approved $235mn to revamp the national highway in Pakistan.

According to the details, the 222km Shikarpur-Rajanpur (N55) road will be converted into a four-lane carriageway that connects Karachi and Gwadar ports to national and international economic centers in the north.

As per the official of ADB, the project will help to expand the capacity of the N55 highway that is central to the connectivity of the Sindh and Punjab provinces.

Further, the project will also include the creation of bus stops, facilitation centers, and an efficient post-crash response system. 

 




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