ISLAMABAD: The long-awaited Sukkur-Hyderabad Motorway (M6) project is set to be handed over by the federal government to the private sector on a build, operate and transfer (BOT) basis.
This was decided in a meeting chaired by Minister for Planning, Development and Special Initiatives Asad Umar, with Secretary Communications Jawad Rafique Malik and National Highway Authority (NHA) Chairman Sikandar Qayyum briefing the attendees.
According to the decision taken, the “private party will finance construction of the project, operate it for a defined concession period and transfer it back to NHA, at no cost at the end of concession period of 25 years,” said a senior government official.
The motorway, which is worth Rs204.28 billion and will cover a distance of 300km, will start from Sukkur and pass through Khairpur, Naushehro Feroze, Nawab Shah, Matiari, Hala and Jamshoro before terminating at Hyderabad.
The M6 is part of the China-Pakistan Economic Corridor (CPEC) and has a time-frame of 33 months for completion.
For more news and blogs, visit Graana.com.
The ancient town of Johi is set in Pakistan's Dadu District in the Sindh Province.…
Mehar is a small town located in Sindh, Pakistan. It is positioned at coordinates 27.1795221,…
Nasirabad is a district located in Balochistan, Pakistan. It is known for its agricultural activities,…
Thul is a town in the Jacobabad District of Sindh province in Pakistan. It is…
The home of four famous minarets, Islamabad features a notable number of markets and bazaars.…
Jalalpur Bhattian is a town in the Hafizabad District of the Punjab province in Pakistan.…
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.
