Islamabad: The Capital Development Authority (CDA) has opened financial bids for the contract of Faisal Avenue Underpass, which will connect sectors G-7 Islamabad and G-8 Islamabad.
The Rs395 million project has so far received a bid from M/S Habib Construction Services, which is 2% less than the estimated amount. The contract will be awarded to the lowest bid after completing all procedural formalities, CDA spokesperson Syed Safdar Ali told the media.
He added that the capital’s master plan requires the construction of principle roads and underpasses to divide and connect the sectors respectively. The said project will address the longstanding issues of traffic flow.
CDA has already approved the development of two underpasses for connecting G-7 to G-8, and F-7 Islamabad to F-8 Islamabad.
The said project will resolve traffic obstruction issues on Faisal Avenue near Zero Point and Pakistan Institute of Medical Sciences (PIMS), the CDA spokesperson said. He maintained that such a project hasn’t been constructed in the past ten years.
Lahore: The Punjab government has given the green light to the long-awaited PKR 50 billion…
The Punjab government has introduced another major initiative aimed at improving public convenience in Lahore.…
Lahore: The Provincial Development Working Party (PDWP) has approved development projects worth PKR 15.76 billion…
LAHORE – The Lahore Chamber of Commerce and Industry (LCCI) on Sunday announced an emergency…
RIYADH – Outstanding loans from Saudi banks climbed to SR3.2 trillion ($849.7 billion) in June,…
ISLAMABAD: The Capital Development Authority (CDA) has opened bids for the Rs1.4 billion T-Chowk Flyover,…