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Private sector to be invited for highway construction
Business
February 13, 2021
ISLAMABAD: The government is developing a transaction structure to construct and operate 70-kilometre long highway in the Punjab on public-private partnership basis, officials said on Friday.
The project is proposed to augment existing road network in the province of Punjab and will pave the way for launching phase-II of the project taking the motorway further to the city of Rawalpindi, said CEO of the Public Private Partnership Authority (P3A). The project is expected to be floated in the market within this financial year.
P3A is collaborating with and facilitating National Highway Authority (NHA) in the process of developing of the transaction for seeking participation of qualified private sector parties to construct and operate 70 km long 4-lane Sialkot-Kharian highway on PPP basis.