The Punjab Chief Minister, Usman Buzdar, has given the approval to start work on Rawalpindi Ring Road project under Public-Private Partnership.
Addressing a meeting in Lahore on Saturday, the chief minister said that the provincial government will provide all possible support and facilities for completion of Rawalpindi Ring Road project.
A comprehensive business model is also being prepared for the promotion of public-private partnerships in the health sector.
The 65.8km ring road will start from Radio Pakistan Rawat N-5 and terminate at Sangjani N-5. Construction of Special Economic Zones (SEZs), including industrial, educational, recreational, medical health, residential and aerotropolis etc is a key component of the RRR.
Earlier in June, Punjab Chief Minister Usman Buzdar had approved the Lahore Ring Road Southern Loop-III project which would be completed in one year.
Punjab CM Usman Buzdar gave the approval for the Rawalpindi Ring Road project while chairing a high-level meeting of Lahore Ring Road Authority (LRRA) today.
An agreement will be signed between Lahore Ring Road Authority (LRRA) and National Logistics Cell (NLC) in a ceremony this month where the chief minister will be the chief guest.
CM Usman Buzdar said that the Lahore Ring Road Southern Loop-III will be constructed from Raiwind Road to Multan Road under the public-private partnership.
Usman Buzdar said the mega project will solve traffic problems in Rawalpindi and boost economic activities. He directed the authorities to determine a timeline of the project and to speed up the work.
The provincial government will provide full support to the project, the CM said while adding that implementation over the determined timeline must not face any delay.
Approval in principle was also given to appoint transaction advisers for ten other projects in a meeting of the public-private partnership policy and monitoring board. The CM directed to minimize the processing time of the PPP projects.
Along with the Rawalpindi Ring Road, the provincial government will start development work on Sheikhupura-Gujranwala road in coming days, Usman Buzdar said.