Rawalpindi Ring Road scam: Govt preferred public-private partnership
National May 16, 2021 ISLAMABAD: The Rawalpindi Ring Road controversy erupted because the government had refused to get a $400 million concessional loan from the Asian Infrastructure Investment Bank (AIIB) and preferred to construct it through half-baked public-private partnership, The News has learnt. In a story published in this newspaper, this correspondent had written that “the AIIB committed $1 billion concessional loan for three important projects including $400 million for Rawalpindi Ring Road (RRR) project connecting the twin cities of Islamabad and Rawalpindi and two projects for ...
Source: thenews.com.pk