An eight-kilometre-long patch of the Ring Road project will be constructed by NHA that will connect China Pakistan Economic Corridor (CPEC) with Motorway (M-I). The rest of the road will be constructed on private-public partnership. A senior official of division has enclosed the news about changes in the preliminary report of 64-km-long road project and it is subject to present to the board authorities of Lahore ring road. The project director, Commissioner retired Capt. Mohammad Mehmood wants to start the project in early days, thus has requested for the complete survey of the project site for land acquisition. The government has allocated Rs4 billion for the land acquisition for the Ring Road project and it will be accomplished on loan worth $400 million from China’s Asian Infrastructure Development Bank. The advisors are directed to present its report by May 15. After that, the project will be forwarded to Punjab Planning and Development Board for final approval. The land revenue department has been working to complete the survey of the area to identify the government and private land to start the land acquisition. Additionally, the government will pay for the urbanized properties and cultivation land. Keeping in view the potential properties of areas, this project has been linked with CPEC in collaboration with National Highway Authority. To purchase shares, the amount starts from Rs8 to Rs9 billion in the total amount of the project apart from paying for land acquisition. The project is predicted to start in next fiscal year as all the necessary clauses would be finished before end of June and would be completed in the long run of two years.
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