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

  • Pakistan enhances road link with Afghanistan
    November 22, 2024
    Pakistan has enhanced the road link with Afghanistan and Centra Asia.
    Read More
  • PPP project planned for Aruba
    November 29, 2013
    The Government in Aruba in the Caribbean is giving its approval for its second PPP transport infrastructure project, the Watty Vos Boulevard. The start of the tender process for the project is planned for the first quarter of 2014. PwC is the transaction advisor for the Contracting Authority, while the Dutch Ministry of Infrastructure and local legal firm Sjiem Fat & Co are also part of the team. The project will cost some US$120 million and involves the construction of a new arterial road 2x2 around Oranje
    Read More
  • Tenders coming for Nowe Miasto Lubawskie ring road second phase
    September 9, 2016
    The Polish government has approved construction of the second phase of the ring road around Nowe Miasto Lubawskie. A deal is expected to be signed at the beginning of next year to complete the 18km road.
    Read More
  • Highway developments to boost east-west transport
    April 4, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports History was made in late 2010, when one of the biggest road building projects ever envisaged in Eastern Europe was given the green-light. It was the occasion when Russian president Dmitry Medvedev signed a law that would allow his country to build its segment of a huge highway around the Black Sea. The idea is to complete the 7,140km highway, wi
    Read More

Highlighted Content