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

  • ARTBA’s data analysis reveals US construction activity started well for 2013
    March 15, 2013
    The real value of highway construction climbed 4.3% in January 2013 compared to January 2012. This is according to the latest analysis of US Census Bureau data by the American Road & Transportation Builders Association (ARTBA). “Weather is the driving force behind the value of transportation work in January, which can be volatile,” said ARTBA Chief Economist Dr Alison Premo Black. “With warmer than average temperatures across the country, many contractors were able to get more work done on transportation p
    Read More
  • Bangalore/Bengaluru set for 18km road tunnel
    June 10, 2024
    An elevated highway for the southern Indian city, in Karnataka state was considered but environmental issues made it untenable.
    Read More
  • ARTBA calls for transport investment in US
    February 29, 2012
    A new survey of contractors carrying out transportation projects in the US offers little encouragement for the state of the market at present.
    Read More
  • Chinese infrastructure growth
    May 23, 2014
    Plans are in hand for transport expansion in China. This includes major works in the Chinese provinces of Hubei and Hebei as well as the city of Yibin. In Hubei province the infrastructure programme calls for 6,500km of highway to be complete by the end of 2015. Hubei Province has spent US$17.07 billion in the first three years of the 12th Five-Year Period (2011-2015) on highway construction. At the moment, 2,278km of highway is under construction in the province. Meanwhile Hebei Province plans to spend $3.
    Read More

Highlighted Content