Rs 50 billion Rawalpindi Ring Road Project approved under PPP mode.
Chief Minister Punjab Sardar Usman Buzdar chaired the fourth meeting of the Public-Private Partnership Policy and Monitoring Board in which matters about projects started under the public-private partnership mode were reviewed.
The meeting approved starting Rawalpindi Ring Road Project under public-private partnership mode with a cost of Rs50 billion. The meeting also gave in-principle approval to appoint a transaction adviser for ten other projects and endorsed the decisions made in the 3rd meeting. Secretary Board and member PPP cell Dr. Farrukh Naveed briefed about PPP mode projects.
Addressing the meeting, the chief minister stated that every promise made with the residents of Rawalpindi will be fulfilled and hoped the ring road will solve the traffic problems besides boosting economic activities. He directed that there should be no delay in the timeline and necessary matters should be expedited adding that the government will provide full support in this regard. The CM also directed to minimize the processing time adding that PPP mode projects should be on-ground without any delay. A suitable mechanism should be devised to early start the PPP mode projects while giving due attention to the legal aspects. He disclosed that the Punjab government will start the construction work of the Sheikhupura-Gujranwala road in the next few days. Public-private partnership mode should be encouraged for the construction of hospitals in the future and a comprehensive business model be devised for the said purpose, he said and further stated that the PTI government believes in the best service delivery in the health sector.
Provincial ministers Hashim Jawan Bakht, Mian Mehmood ur Rasheed, Advisor to CM Dr. Salman Shah, Mian Shafi Muhammad MPA, chief secretary, chairman P&D, SMBR, and secretaries attended the meeting while commissioner Rawalpindi and DG RDA participated through video link.