ISLAMABAD: National Highway Authority (NHA) has stated that the private sector has invested Rs144bn within a year in road infrastructure projects crossing the volume of Foreign Direct Investment (FDI).
According to the official of NHA, the returns on these investments will be around Rs391bn thus contributing to the national exchequer.
Furthermore, the official also highlighted the concept of the Build-Operate-Transfer (BOT) model and said that the new strategy is being adopted across the world for infrastructure development.
BOT is a public-private agreement in which the private sector is responsible for constructing, designing, and maintaining the project for the time period as agreed between the government and private investors.
Under the agreement, the private investor is allowed to earn the returns on investment in the form of tolls and other means.
The official further informed that motorways spanning over 306km will be constructed on the same model as approved by the Executive Committee of the National Economic Council (ECNEC). The approved motorway projects will include the construction of 6 lane motorways with an access- control system.
For news and blogs, visit Graana.com.
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,…
SALALAH: Oman’s Ministry of Housing and Urban Planning has announced plans for Future Salalah City,…
Gwadar: The federal government has approved the construction of Gwadar Eastbay Expressway Phase II, linking…
The federal government has announced the abolition of Right of Way (RoW) charges on federal…
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.
