ECNEC in its recent meeting approved multiple projects for development of road infrastructure in the country. Finance Minister Ishaq Dar presided over the meeting which was also attended by Commerce Minister Naveed Qamar, Planning Minister Ahsan Iqbal, special assistants to Prime Minister Tariq Bajwa and Tariq Pasha besides federal secretaries and provincial representatives.
ECNEC approved the Lahore Ring Road-Southern Loop (SL-3) Construction of the Road from Raiwind Road up to Multan Road at a total cost of Rs17.786bn without FEC. The project is to be entirely financed by the Government of Punjab through its annual development plan.
The construction of the Khawazakhela-Besham Expressway (48Km) was also approved at a cost of Rs79.131bn without FEC. The project is to be executed by National Highway Authority (NHA) in the districts of Shangla and Swat of KPK Province. The project is to be financed entirely through Federal Public Sector Development Programme (PSDP). The project will be completed in four years and seven months and would connect Khwawzakhela on N-95 Highway to Besham on N-35.
The meeting also approved the Lahore-Sahiwal-Bahwalnagar Motorway (295 Kms) Phase –I at a cost of Rs263.796bn to be executed in districts Bahawalpur, Kasur, Lahore, Okara, Pakpattan and Sahiwal. The project is to be financed through the Federal PSDP. These projects are significant milestones in enhancing the country’s transportation infrastructure, fostering economic development, and improving connectivity between different regions in Pakistan.
