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Govt releases Rs 61 billion for NHA under PSDP

byCT Report
23/05/2016
in Business
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ISLAMABAD: The federal government has released Rs 60,695 million (about Rs 61 billion) for National Highway Authority (NHA) under the Public Sector Development Programme (PSDP) till May 20.

Rs 20,000 million have been released for Lahore-Abdul Hakeem Section (230 km) of Karachi-Lahore Motorway (KLM), while Rs 5220 million have been released for 387 km Multan- Sukkur Section of the KLM, an official source told APP on Monday.

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Rs 2740 million have been released for Thakot to Havelian 120 km (Construction of Phase-I of China-Pak Economic Corridor (CPEC) while Rs 3000 million have been released for land acquisition, he said. Rs 2000 million, he said, have been released to ensure timely completion of Lowari Tunnel & Access Roads in District Dir. Rs 460 million have been released for construction of bridge over Indus River at Qazi Ahmed Amri including Skrand Bypass (Nawab Shah), Rs 190 million have been released for construction of bridge across River Chinab linking Shorkot and Garh Maharaja in Jhang district.

He said Rs 440 million have been released for a 57 km section of Faisalabad-Multan Motorway including land acquisition (Multan) (IDB). Rs 560 million have been released for 200 km Gwadar-Turbat-Hoshab Section of M-8, while for widening & improvement of Hoshab-Nag-Basima-Surab Highway (N-85) Rs 2500 million have been released, the source said.

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