NHA undertakes BOT projects worth $3,380 mln

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ISLAMABAD, Oct 24 (APP):National Highways Authority (NHA) has undertaken four major projects on Public Private Partnership (PPP) at total of US$3,380 million during past five years. Talking to APP Wednesday an official of NHA said the authority has established an active cell for encouragement of private sector involvement in road building schemes, which is providing information under one window operation to the investors.
As a result, NHA succeeded in undertaking four mega projects on PPP basis during the
last five years which include 357 km modernization of Lahore-Islamabad
Motorway, conversion of existing super highway into 136 km
Karachi-Hyderabad Motorway, construction of 89 Km Lahore-Sailkot
motorway and 300 Km Hyderabad-Sukkur Motorway at a total cost of US$
3380 million.
He further said the NHA is planning to undertake five
more projects on Public Private Partnership basis in the future which
include 70 km Sialkot-Kharian Motorway, 115 Km Kharain-Rawalpindi
Motorway, 294 Km Pindi Bhattian-Multan Motorway, 43 Km
Nowshera-Peshawar Expressway and 50Km Karachi Northern Bypass from
two-lane highway to four-lane motorway.
These projects will be completed at an estimated of cost of US$ 1830 million, he said.