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.
Finance & Funding Maintenance

Related Content

  • Nairobi revives city decongestion plan
    March 18, 2016
    Nairobi is looking to tackle its congestion problems - Shem Oirere writes. Authorities in Kenya’s capital Nairobi have revived plans to convert some of the streets in the city into one way roads to deal with chronic traffic congestion that consumes fuel worth millions of shillings and wastes several manhours in traffic jams. Nairobi County governor Dr Evans Kidero said the plan, which is to take effect by the end of December 2015, will affect Moi Avenue, Koinange Street, Tom Mboya Street, River Road and Kir
    Read More
  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
    Read More
  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • New Pakistan motorway inaugurated
    January 20, 2022
    A new Pakistan motorway has been inaugurated officially.
    Read More

Highlighted Content