CM Maryam Nawaz inaugurates five Punjab road projects under PPP model
At a glance
- Five major Punjab roads transferred to public-private partnership model.
- Projects expected to generate Rs22 billion in revenue for the government.
- Private contractors will manage roads and collect tolls for seven years.
Story so far
The Punjab government has transferred five major road projects to a public-private partnership model. Chief Minister Maryam Nawaz Sharif inaugurated the initiative, which will see private contractors manage the roads, collect tolls for seven years, and handle maintenance. The projects, including the Muridke-Narowal Road and Faisalabad Ring Road, are expected to generate Rs22 billion in revenue. The government plans to expand the PPP model to other sectors like tourism, water supply, and healthcare.
Latest development
Punjab Chief Minister Maryam Nawaz Sharif has digitally inaugurated five road projects being transferred to the Punjab Public Private Partnership Authority. The move is expected to generate Rs22 billion in revenue for the provincial government.
Latest Fact Checks
CM digitally inaugurates five roads under public-private projects
Punjab has entered a new phase of public-private partnerships, with Chief Minister Maryam Nawaz Sharif digitally inaugurating five road projects…
مریم نواز نے پبلک پرائیویٹ پارٹنرشپ کے تحت 5 روڈ پراجیکٹس کا افتتاح کر دیا، لاہور میں ٹائم ٹریول پارک بنانے کا اعلان
لاہور (نوائے وقت رپورٹ) پنجاب میں پبلک پرائیویٹ پارٹنرشپ اتھارٹی کے نئے باب کا آغاز ہو گیا۔
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