ISLAMABAD: The government approved Rs 92 billion for the M-6 Motorway, also known as Sukkur-Hyderabad motorway. The Prime Minister announced the project on his visit to Sukkur and termed it the biggest development project for Sindh.
As per reports, the Public-Private Partnership Authority (PPPA) on Wednesday gave approval for the transaction structure and viability gap fund for the motorway which is estimated to cost around Rs200 billion.
According to the details, the M-6 motorway project will be part of the larger eastern wing of the China-Pakistan Economic Corridor (CPEC).
Previously, the federal government delayed the approval for the project due to issues of financing. In the original plan, the financing cost was borne through private sector funding while it has now allocated Rs76 billion from the budget.
For more news, visit Graana.com
The Ittefaq Group of Industries' family members founded Ittefaq Hospital in Lahore. Mian Muhammad Sharif…
Tando Bago is a town in Pakistan that is tucked away in the center of…
Amidst the fertile plains of Punjab, Pakistan, lies Aminpur Bangla, a town brimming with potential…
Jhal Magsi District is a gem of a city located in the central region of…
About 90 kilometers south of Multan, Jalalpur Pirwala is a city and tehsil capital housing…
ISLAMABAD: Chaudhry Muhammad Ali Randhawa, the newly appointed Chief Commissioner of Islamabad, wasted no time…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
