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Nawaz inaugurates Rs21.8b Islamabad Expressway widening project

byCustoms Today Report
30/06/2015
in Business
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ISLAMABAD: Prime Minister Nawaz Sharif is set to inaugurate Rs21.8 billion Islamabad Expressway widening project today.

According to a senior officer of the Capital Development Authority (CDA), PM will be the chief guest at the ceremony, which will be held at the Shakarparian parade ground. CDA has allocated Rs5 billion for the project in its 2015-16 budget.

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The work on the first phase of the project, titled “Signal-free and controlled access corridor of Islamabad Highway from Zero Point to Rawat”, has already been awarded to a construction firm. The estimated Rs1.6 billion first phase includes rehabilitation and up-gradation of existing road between Zero Point and Faizabad with an interchange at the Sector I-8 traffic signal.

The second phase, tenders for which are expected to be opened on July 7, will cost around Rs6.6 billion and includes up-gradation of the highway between Faizabad and Airport Chowk. Two new interchanges, one each at Swan Chowk and Airport Chowk, besides an underpass at Kuri, are also part of it.

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