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

  • The US FAST Act: a job left unfinished
    April 4, 2016
    US roads and bridges are crumbling at an alarming rate as state governments wring their hands over the increasingly scarce money for repairs. Enter the FAST Act. But is it enough? US state transportation department officials, as well as highway contractors and operators, breathed a sigh of relief in December. For months the highways infrastructure sector waited anxiously to see where the necessary money for road projects would come from. For several years, the Highways Trust Fund – the usual way of paying f
    Read More
  • New tolled highway plans for Indonesia
    November 1, 2012
    The authorities in Indonesia have set out extensive plans to source funding for new tolled highways. In all seven highway projects have been identified as crucial to expanding the network and improving connectivity for the Indonesian islands of Sulawesi, Java and Sumatra. Some US$25 billion in loans from overseas has been sourced by the Public Works Ministry of Indonesia.
    Read More
  • Australia sets transport agenda
    February 13, 2012
    The highway authorities in Australia have committed to investing in road infrastructure in Northern Territory, Queensland and South Australia.
    Read More
  • India pushing ahead with infrastructure projects
    July 4, 2012
    Despite the economic downturn, India looks to be pressing ahead with its major infrastructure projects to further boost its incredible growth. Patrick Smith reports India, which like most countries has been affected by the current economic climate, although not to the same extent, is pressing ahead with its ambitious highway construction plans. Each week new projects are completed, started or awarded as the nation seeks to improve its transportation requirements. These are needed to meet the aspirations of
    Read More

Highlighted Content