Categories: Technology

FWO awarded Rawalpindi Ring Road contract worth Rs22.8bn

RAWALPINDI: The Frontier Works Organisation (FWO) has been awarded the contract for the  Ring Road Rawalpindi (RRR) project worth Rs22.8 billion.

invest with imarat

Islamabad’s emerging city centre

Learn More

The contract was awarded after FWO emerged as the lowest bidder after submitting a budget of Rs300 million less than the project’s estimated cost and was accepted by the Rawalpindi Development Authority (RDA).

The bids for the project were opened after only governmental organisations were declared eligible to construct the project.

The mega project comprises a 38.3km long main carriageway, commencing from Baanth (N-5), concluded at Thallian (M-2). In addition, several Special Economic Zones (SEZs) will also be set up along the project.

Maham Tahir

Recent Posts

Al Akaria Signs SR1.2 Billion Lease Deal for Amsa Vue Residential Compound in Riyadh

Riyadh: Saudi Real Estate Co. (Al Akaria) has signed a long-term lease agreement with Amsa…

3 hours ago

Land Acquisition Begins for Thalian Interchange of Rawalpindi Ring Road Project

Rawalpindi: The divisional administration has begun acquiring land for the Rs5 billion Thalian Interchange, a…

2 days ago

FBR May Seek IMF Approval to Cut FY26 Tax Target by Up to PKR 100 Billion

Islamabad: The Federal Board of Revenue (FBR) is preparing to seek approval from the International…

1 week ago

Saudi Arabia Launches “Municipalities and Housing 3.0” Under Vision 2030 Phase Three

Riyadh: As Saudi Arabia’s Vision 2030 enters its third phase for the period 2026–2030, the…

1 week ago

CDA Allocates PKR 200 Million to Clear Land Compensation in Sector C-15

Islamabad: The Capital Development Authority (CDA) has earmarked PKR 200 million to settle outstanding land…

2 weeks ago

Punjab Introduces Stricter Measures Against Illegal Property Occupation

Lahore: Punjab Governor Sardar Saleem Haider Khan has promulgated two key ordinances aimed at modernising…

2 weeks ago