Punjab CM approves Rs75bn for seven new projects

LAHORE: Chief Minister Punjab Sardar Usman Buzdar chaired a meeting of public-private partnership policy and monitoring board at his office and approved the inception of seven projects costing around Rs75 billion in public-private partnership mode. Secretary PPP Policy and Monitoring Board Dr Farrukh Naveed briefed about the progress made on the projects.

According to details, repair and maintenance of Kharian-Dinga road and Muridke-Narowal road’s restoration work will be done in PPP mode. Similarly, Gujranwala-Pasrur road will be dualized from Gujranwala Eastern Bypass to Sialkot-Lahore Motorway (Pasroor Interchange). Furthermore, the Multan Ring Road project and Naya Pakistan Housing Development Plan in Faisalabad will also be executed through public-private partnership mode. The BoR land at Jail Road will also be utilized under a public-private partnership.

The meeting approved to cancel the RFP and bidding process of the Rawalpindi Ring Road project and allowed revised proposals for the Multan-Vehari dual road project. The meeting excluded Gujrat-Jalalpur Jattan Road from PPP mode for its inclusion in the public sector development program (PSDP).

The proposals regarding the Faisalabad-Chiniot-Sargodha dual road project were approved along with the approval of the revised proposal of the water meters’ installation project in Lahore. The construction of three parking plazas in Rawalpindi was also approved by the meeting.

The CM directed to expedite work on PPP mode projects for their completion according to the timelines. The timeline of every stage of the project should be determined, he added and further directed to expedite work on roads construction projects in PPP mode. The decisions made in the sixth meeting were endorsed.

Housing Minister Mian Mehmood-ur-Rasheed, C and W Minister Sardar Asif Nakai, Economic Affairs Advisor Dr Salman Shah, SACM Dr Firdous Ashiq Awan, Chief Secretary, SMBR, Chairman P and D, administrative secretaries, CEO Public-Private Partnership Authority Amjad Ali Awan, member PPP and planning and development and others attended the meeting.