Govt releases Rs.37.8 billion for ongoing NHA projects

News Image

MG News | January 22, 2019 at 03:52 PM GMT+05:00

January 22, 2019: Out of a total allocation of Rs.185.2 billion under Public Sector Development Programme (PSDP), the government has released Rs.37.76 billion for ongoing road infrastructure projects of National Highway Authority.

According to an official source, for construction of Lahore-Multan Motorway (M-3 section), Rs.40.66 billion have been earmarked out of which Rs.16.3 billion have been released to date. He said that Rs.1.02 billion have been released for 18.3 km long six-lane ring road from Kala Shah Kaku to Lahore.

For construction of infrastructure and allied works for Metro Bus Services Peshawar Morr - New Islamabad International Airport (Length 25.6 km) Rs.2.5 billion have been allocated and so far Rs.1 billion have been released.

He added that for the construction of KKH Phase-II Havelian-Thakot (118.057 KM) Part of China Pakistan Economic Corridor (CPEC)-Revised figure of PSDP stands at Rs 22.8 billion out of which Rs.600 million have been released.

The revised figure of Rs.2 billion have been allocated for Improvement, Up-gradation and Widening of Jaglot -Skardu Road (S-1,167 km) out of which Rs.1.4 billion have been released. For Lowari Road Tunnel and Access Roads Project Rs.1.5 billion have been allocated and so far Rs.500 million released, the official source informed.

He said that revised allocation for 32.2 km Peshawar Northern Bypass stands at Rs.3.5 billion out of which Rs.700 million have been released. For construction of four-lane bridge across Indus River linking Layyah with Taunsa including two-lane approach road and river training works total allocation

Rs.400 million has been made out of which Rs.25 million have been released. Moreover, Rs.25 million have been allocated for construction of 4-lane Bridge and 2- lane approach roads across River Indus connecting Kallurkot with D I Khan out of which Rs.400 million have been released so far.

(APP)

Related News

Name Price/Vol %Chg/NChg
KSE100 169,789.86
117.26M
-0.32%
-540.70
ALLSHR 102,631.26
612.58M
-0.14%
-144.73
KSE30 50,568.49
53.66M
-0.33%
-168.67
KMI30 242,566.03
48.25M
-0.26%
-636.81
KMIALLSHR 66,638.00
306.12M
0.04%
23.80
BKTi 46,116.33
17.53M
-0.43%
-196.85
OGTi 34,957.14
1.82M
-0.31%
-109.66
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 61,495.00 62,095.00
61,145.00
-675.00
-1.09%
BRENT CRUDE 91.54 93.26
90.80
0.09
0.10%
RICHARDS BAY COAL MONTHLY 123.75 0.00
0.00
0.75
0.61%
ROTTERDAM COAL MONTHLY 134.20 134.20
134.20
1.25
0.94%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 88.19 90.00
87.61
-0.01
-0.01%
SUGAR #11 WORLD 13.93 14.10
13.92
-0.15
-1.07%

Chart of the Day


Latest News
June 10, 2026 at 01:47 PM GMT+05:00

Gold price in Pakistan falls Rs12,627 per tola


June 10, 2026 at 01:02 PM GMT+05:00

SBP eases rules for Islamic Banking Windows


June 10, 2026 at 11:58 AM GMT+05:00

Sindh flags market manipulation in wheat prices



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg