ISLAMABAD: Under the federal government’s Public-Private Partnership Programme, the Board of Directors (BoD) of the Public-Private Partnership Authority (PPPA) have approved the construction of the Sialkot-Kharian Motorway project.
As per details, the development came during a meeting of the Public-Private Partnership Authority (PPPA), presided over by Minister for Planning Development and Special Initiatives Asad Umar on Sunday.
Asad Umar directed the authorities concerned to continue their collaboration to make the project a success. The minister said that there was huge potential for PPP projects and the government would make sure that the same was fully tapped.
After a detailed discussion, the board also accorded approval to the commercial and financial feasibility study, the transaction structure, and the request for a proposal package.
The meeting reviewed the working paper and presentation for the National Highway Authority’s (NHA) construction of the 69 km long four-lane Sialkot-Kharian Motorway proposed on a Build, Operate and Transfer (BOT) basis.
