ISLAMABAD: The National Economic Council’s (Ecnec) Executive Committee presided by Finance and Revenue Adviser, approved four development schemes worth Rs265 billion including the long-awaited Sukkur-Hyderabad motorway, which will provide a seamless link between Peshawar and Karachi.
According to the finance ministry, the committee approved the updated proposal for the construction of the Hyderabad-Sukkur Motorway on a build-operate-transfer (BOT) contract worth Rs191.5 billion.
The National Highway Authority (NHA) will execute the project and envision the construction of a 306-kilometre-long, six-lane-wide highway between Hyderabad and Sukkur. The PPPA has approved the Hyderabad-Sukkur motorway project’s viability gap fund and transaction structure.
ECNEC also approved the Rs25 billion land acquisition project for the Lai Expressway and Flood Channel in Rawalpindi, the Rawalpindi Ring Road (R3) worth Rs23.6 billion, and the Southern Punjab Poverty Alleviation Project (SPPAP) worth Rs25.2 billion.
For news and blogs, visit Graana.com.
As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…
Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…
The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…
Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…
The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…
The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
