Pindi administration to propose diversion of loan for Ring Road to Leh Expressway

RAWALPINDI: The working on a proposal to divert the $400 million loan granted for the Ring Road project to the Leh Expressway is underway by the divisional administration announced Commissioner Capt (R) Mohammad Mehmood after a meeting held to review progress on mega development projects in Rawalpindi.

invest with imarat

Islamabad’s emerging city centre

Learn More

The decision came after many investors showed interest in constructing the Ring Road on a build, operate and transfer (BOT) basis, the meeting was informed.

Prior to this, a consultant had been hired to conduct a study and prepare a feasibility report within a month for the Ring Road project to be built on a BOT basis to be presented to the provincial government.

In accordance to the proposed report, Rawalpindi’s Ring Road has a point of origination at Channi Sher Alam Bridge on the G.T. Road near Rawat and reached a termination point at the Thalian Interchange on the M-2 motorway between Rawalpindi and Lahore near the Islamabad International Airport.

He said a complete design would likely be completed by the end of March and work would be started soon as the administration has been directed to initiate the land acquisition work.

In addition, instructions to launch surveying of traffic on Airport Road and the District Courts Square have been given to the Rawalpindi Development Authority (RDA) to determine whether a flyover or an underpass would be an apt choice on Ammar Chowk.

RDA’s traffic engineering and urban planning departments will begin the survey next week.

For news and blogs, visit Graana.com. 

Maham Tahir

Recent Posts

Rent Over Ownership: Melbourne Leads a New Housing Trend

MELBOURNE — A new analysis by Deluxe Holiday Homes has highlighted significant shifts in Melbourne's…

5 hours ago

Fire Engulfs Ski Resort Hotel in Türkiye, Leaving 10 Dead and 32 Injured

ANKARA — A devastating fire at the Kartalkaya ski resort in northern Türkiye claimed the…

1 day ago

Vietnam’s Real Estate Market Braces for Growth in 2025

As Vietnam heads into 2025, the real estate market presents a dynamic mix of challenges…

1 day ago

Dubai’s Secondary Housing Market Set for Strong Growth in 2025

Dubai’s secondary housing market is predicted to see robust growth in 2025, with demand for…

1 day ago

California’s Wildfires Spark an Unforeseen Housing Crunch in Los Angeles

As Los Angeles County grapples with the aftermath of some of the most destructive fires…

1 day ago

CDA Launches New Plant Relocation Initiative

On Friday, Azam Nazeer Tarar, the Minister for Law and Justice, informed the Senate that…

2 days ago