Private sector invests Rs144bn in road infrastructure projects

ISLAMABAD: National Highway Authority (NHA) has stated that the private sector has invested Rs144bn within a year in road infrastructure projects crossing the volume of Foreign Direct Investment (FDI).

invest with imarat

Islamabad’s emerging city centre

Learn More

According to the official of NHA, the returns on these investments will be around Rs391bn thus contributing to the national exchequer.  

Furthermore, the official also highlighted the concept of the Build-Operate-Transfer (BOT) model and said that the new strategy is being adopted across the world for infrastructure development.

BOT is a public-private agreement in which the private sector is responsible for constructing, designing, and maintaining the project for the time period as agreed between the government and private investors.  

Under the agreement, the private investor is allowed to earn the returns on investment in the form of tolls and other means.

The official further informed that motorways spanning over 306km will be constructed on the same model as approved by the Executive Committee of the National Economic Council (ECNEC). The approved motorway projects will include the construction of 6 lane motorways with an access- control system.

 

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

Exploring Kalabagh: The Historic City in Mianwali District

Kalabagh, a small yet historically significant town in Pakistan’s Punjab province, is located within the…

1 day ago

Nazimabad Number 2: A Well-Known Residential Area in Karachi

Nazimabad Number 2 is a well-known neighbourhood in Karachi, Pakistan, renowned for its vibrant community,…

2 days ago

A Guide to Quetta Town in Karachi

Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…

3 days ago

Akbar Chowk Lahore: A Focal Point of Connectivity

Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…

4 days ago

A Guide to Khuda Baksh Colony Lahore

Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…

5 days ago

Gol Market Karachi: A Vibrant Commercial Hub

Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…

2 weeks ago