US$240.46mn approved for Lahore transport works

The Traffic Engineering & Transport Planning Agency in Lahore will have a budget of US$240.46million (PAK 22.95bn) for its city-wide projects during 2012-13. It is estimated that US$229.67million (PAK21.92bn) will be spent on works including traffic signals installation and maintenance, a rapid bus transit system, the first phase of the of Khayaban-i-Jinnah-Valencia Town road and an underpass at a railway crossing on the MS Ali Road. An overall 2012/13 budget of US$413.13million (PKR 39bn) 2012-2013 was app
July 20, 2012 Read time: 1 min
Picture: Shuaib Yazdani
The Traffic Engineering & Transport Planning Agency in Lahore will have a budget of US$240.46million (PAK 22.95bn) for its city-wide projects during 2012-13.

It is estimated that US$229.67million (PAK21.92bn) will be spent on works including traffic signals installation and maintenance, a rapid bus transit system, the first phase of the of Khayaban-i-Jinnah-Valencia Town road and an underpass at a railway crossing on the MS Ali Road.

An overall 2012/13 budget of US$413.13million (PKR 39bn) 2012-2013 was approved by the governing body of Pakistan's Lahore Development Authority for the development authority and its civic agencies.

Related Content

  • A new motorway plan for Pakistan’s Eastern Punjab
    January 19, 2024
    A major new motorway plan will provide a boost for Pakistan’s Eastern Punjab.
    Read More
  • Ireland's budgert cuts impact on road projects
    May 14, 2012
    Ireland’s government is undergoing a period of belt-tightening, with a string of budget cuts that will directly impact on the transport sector. The country was in the process of spending heavily on its infrastructure but with the tough economic climate it is now facing, a number of road projects are among those facing the axe. The Irish government is slashing its infrastructure spending from €39.6 billion to €22.9 billion between now and 2013. This looks likely to result in 40 road projects, including hig
    Read More
  • New Zealand road earthquake damage bill nears NZD 1bn
    August 29, 2012
    The cost of rebuilding New Zealand roads damaged by earthquakes in Canterbury and Christchurch has reached almost NZD 1bn (US $808.04 million). It is reported that the money might have to come from the government's NZD 9bn budget to fund the country's land transport plans for the next three years.
    Read More
  • Huge investment for Vietnam transport
    August 6, 2012
    The authorities in Vietnam have identified the need for major investment in road infrastructure in Ho Chi Minh City. To bring the city’s transport infrastructure up to the necessary standard, some US$4 billion will be required/year over the next 10 years, according to local officials.
    Read More

Highlighted Content