Lahore, September 16, 2020 (PPI-OT): Under the leadership of Punjab Chief Minister Sardar Usman Buzdar, PTI government has taken another exemplary step as transparent policies of the government yielded the benefit of more than Rs. 300 crore to the national exchequer. Punjab government has set a new example by saving billions of rupees in the bid of operating Lahore Metro Bus System. The investors have expressed confidence over the transparent business-friendly policies of the PTI government. A bid of Rs304 is given in the tender of operating Lahore Metro Bus System in the incumbent government. This bid is 20 per cent less than the bid given in the previous tenure of Shehbaz Sharif.
This has resulted in benefiting the kitty of more than Rs.3 billion. This will also reduce the cost of subsidy given to the metro bus service. If the current bid is compared in terms of dollars, the latest bid is 40 per cent less than the previous government. Meanwhile, the payment will not be made in foreign currency as investors are local. In this regard, the 14th meeting of Punjab Mass Transit Authority was held under the chair of Punjab Chief Minister Sardar Usman Buzdar at CM Office on Wednesday which gave approval to operation and maintenance contract of Metro Bus Service. Contract winning company will also introduce Euro-III buses.
The meeting also approved retendering of security and safety services contract of Metro Bus Service. Moreover, approval of granting the contract of cleanliness arrangements of Orange Line Metro Train to the Lahore Waste Management Company was given. The LWMC will also look after the cleanliness of the Metro Bus system. Addressing the meeting, the CM said that the Orange Line Metro Train will be operational soon. Punjab cabinet has approved Rs.40 as the fare of Metro Train. Efforts of government are yielding positive results, he added.
Due to the transparent policies of the PTI government, Rs.300 crore has been saved today and the government will save as much as Rs.300 billion tomorrow, he maintained. The PTI government treats national kitty as the sacred trust of the nation, he emphasised. Provincial Transport Minister Jehanzeb Khan Khichi, MPAs including Ijaz Khan, Mian Tariq Abdullah, Saadia Sohail Rana, Managing Director Punjab Mass Transit Authority, secretaries of finance, transport, information departments, General Manager (Operations) Punjab Mass Transit Authority and others attended the meeting.
For more information, contact:
Directorate General Public Relations
Government of the Punjab
Lahore, Pakistan
Tel: +92-42-9201390-86
Website: www.punjab.gov.pk