Pakistan has some big development projects in the pipeline that are expected to improve trade and bring in potential business. To name a few, there are two motorways that will be linking ports with trading States:
- Hyderabad-Sukkur Motorway
- Peshawar-Karachi Motorway
The construction for the 296 km long motorway is expected to start before June 2018 after it has received a workable proposal. The motorway will be 6-lane with a design speed of 120 km/hour, 89 bridges, 11 interchanges and 243 underpasses.
This motorway will be a section of the Peshawar-Karachi Motorway that will start from Sukkur touching Khairpur, Nowshehro Feroze, Nawab Shah, Mitiari, Hala and Jamshoro and finish at Hyderabad.
Prime Minister Nawaz Sharif has given a deadline of three years to this project while the Chairman of NHA is confident that the project will be completed in due time.
The estimated cost of the project is 163 billion PKR.
Peshawar-Karachi Motorway (PKM) will be a 6-Lane access controlled Motorway with a total length of 1,100 km. This motorway will be linking ports of Karachi and Gwadar with China, Afghanistan and Central Asian States. The construction of most segments of the PKM motorway are either completed or awarded for for one excluding the Hyderabad-Sukkur segment.
Projects being funded by CPEC
Currently China is funding multiple development projects in Pakistan under China Pakistan Economic Corridor (CPEC) namely Havelian-Thakot and Multan-Sukkur road projects. However, to attract investors, the government will be covering 40% of the cost on a Build-Operate-Transfer (BOT) basis.
Stay tuned to Brandsynario for latest news and updates.