Skip to main content

Pakistan plans key highway upgrade

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
December 18, 2014 Read time: 1 min
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 initial sum of US$94.53 million to the NHA, with the subsequent payment from FWO to NHA reaching $2.05 billion. The project will require an estimated 36 months.

Related Content

  • Chinese funding for Pakistan infrastructure projects
    May 29, 2018
    Financing from China is helping pay for a series of major infrastructure projects in Pakistan.
  • Zimbabwe highway project linking with its neighbours
    November 28, 2016
    Zimbabwe’s Beitbridge to Chirundu highway link now looks set for a complete upgrade. The project has been planned for over 10 years but has faced a series of setbacks and delays, with funding having proved one of the biggest stumbling blocks in the past. The 897km highway runs from Beitbridge, located on the border with South Africa in the south of Zimbabwe all the way up to Chirundu, which is just over the border with Zambia in the north. The route includes part of the A4 highway in the south and the A1 hi
  • Funding for key Russian highway projects
    May 10, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t