CM Lahore Approves Southern Loop-III of Lahore Ring Road Project
- Rs 10 Billion For 8 Km Long Ring Road Granted
- He Initiated to Plant One Million Trees Alongside the Ring Road.
Lahore: The approval of Lahore Ring Road from Adda Plot to Multan Road, with an approved cost of about Rs 10 billion, and is 8 km long to be carried out through public-private partnership on Monday by Punjab Minister Chief Sardar Usman Buzdar.
The concerned officials were directed to finish this project within a year and also directed to plant 1 million trees on the Ring Road.
He expressed his opinion while inaugurating the Lahore Ring Road Authority Office Complex here on Monday.
The Chief Minister was briefed by Commissioner Lahore Division, Mujtaba Paracha, who is also President of the Lahore Ring Road Authority. He informed the CM Punjab that Lahore Ring Road Southern Loop-I and II are 23 km long and were completed with 12 months with a public-private partnership.
In addition, the meeting said that three bus terminals will be established in the provincial metropolis through a public-private partnership. The CM also directed the relevant officials to form a Lahore Master Plan-2040 Advisory Board and other matters. The Chief Minister said while addressing the meeting, that road repairs and maintenance under LDA control should be carried out on a priority basis and that the task should be completed soon for the development of infrastructure and for highway buildings in the city.
Moreover, after 73 homes were demolished last year on Oct 9 for the Lahore Ring Road, the authorities managed to restore the land.
The delay has not only increased the amount from Rs8.4 billion to Rs9.9 billion, according to an official source but also forced the state to restart bidding to list a company interested in executing this during PPP govt.