Skip to main content

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 plans key highway upgrade
    December 18, 2014
    Pakistan’s Government has unveiled plans to upgrade the highway connecting Islamabad with Lahore. The M-2 highway is one of the most important road links in Pakistan and is seen as crucial for its national transportation network. The upgrade plan will include new service area as well as traffic control systems to optimise flow along the route. Pakistan’s National Highway Authority (NHA) agreed the deal for the project with Frontier Works Organisation (FWO). Under the terms of the deal, FWO is paying an init
  • India's US$100 billion highway investment
    May 29, 2012
    India intends to continue its massive investment in highway spending. Predictions for the next five years say that up to US$100 billion will be spent on road building in the country in the coming five years. The Ministry for Road Transport and Highways plans to build 35,000km of highways, with 60% being provided by the Government budget and 40% from the private sector. The Ministry of Road, Transport and Highways will open up tendering for nine highway projects. The National Highway Authority of India (NHAI
  • Pakistan road development works
    August 3, 2023
    Pakistan sets out plans for road development works.
  • IRF World Meeting: Strong business opportunities in a growing region
    September 26, 2013
    The 17th IRF World Meeting & Exhibition offers a chance for the industry to see what is going on in the field of infrastructure, not only in Riyadh but also in the whole of Saudi Arabia and the wider Gulf region. According to IRF chairman and mayor of Riyadh Eng Abdullah A Al-Mogbel, “Ongoing infrastructure programs concern not only roads and railways, but a whole swath of civil engineering projects — I am convinced many more companies that are not currently operating in the Kingdom should take this opportu