Punjab Chief Minister Maryam Nawaz has launched five road projects under the public-private partnership (PPP) model, transferring their management and administration to private operators.
The initiative is expected to generate Rs. 22 billion in revenue for the provincial government.
The five routes are Muridke–Narowal Road, Shakargarh–Narowal Road, Faisalabad Ring Road, Faisalabad–Sahianwala Road, and Faisalabad–Samundri–Rajana Road.
Under the agreement, private operators will collect revenue and handle road maintenance and repairs for seven years. Modern electronic toll plazas will also be built along these routes.
Briefing the chief minister, Punjab Senior Minister Marriyum Aurangzeb said additional projects were being prepared under the PPP framework.
These include hostels, hospitals, parks, sports grounds, waste-to-energy plants and industrial wastewater treatment facilities. Parking plazas, tourism projects, water supply schemes, recycling plants, a Giraffe Café and a food street are also planned.
Aurangzeb said the project processing period had been reduced from two years to six months to improve efficiency.
Four more roads are set to move to the PPP model: Bahawalpur–Yazman Road, Yazman–Ahmedpur East Road, Raiwind–Changa Manga Road, and Gajjumata–Kasur Road.
The arrangement assigns operational and maintenance responsibilities to the private sector for a defined period, rather than announcing a sale of the roads.
The post Punjab Hands Over 5 Major Roads to Private Operators appeared first on ProPakistani.
