LAHORE: Punjab government on Saturday approved starting of Rs. 50 billion Rawalpindi Ring Road Project under public-private partnership (PPP).
The approval was given during 4th meeting of public-private partnership policy and monitoring board.
The meeting chaired by Punjab Chief Minister Sardar Usman Buzdar reviewed projects under public-private partnership.
The meeting also gave in-principle approval to appoint a transaction adviser for ten other projects and endorsed the decisions made in the 3rd meeting. Secretary Board and member PPP cell Dr Farrukh Naveed briefed about PPP mode projects.
Speaking on this occasion Buzdar said every promise made with the residents of Rawalpindi will be fulfilled. He hoped the Ring Road project will solve the traffic problems besides boosting economic activities in the area.
He directed that there should be no delay in the timeline and necessary matters should be expedited adding that the government will provide full support in this regard. He also directed to minimize the processing time adding that PPP mode projects should be on-ground without any delay.
A suitable mechanism should be devised to early start the PPP mode projects while giving due attention to the legal aspects.
The Chief Minister announced that the Punjab government will start construction work of Sheikhupura-Gujranwala road in the next few days.
Public-private partnership mode should be encouraged for the construction of hospitals in future and a comprehensive business model to be devised for the said purpose, he said. PTI government believes in best service delivery in the health sector, he added.
Provincial ministers Hashim Jawan Bakht, Mian Mehmood ur Rasheed, Advisor to CM Dr. Salman Shah, Mian Shafi Muhammad MPA, Chief Secretary, chairman P&D, SMBR and secretaries attended the meeting while commissioner Rawalpindi and DG RDA participated through video link. (With input from INP)
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