Huge funds released under PSDP by federal government

Huge funds released under PSDP by federal government

ISLAMABAD - Out of the total of Rs154.9 billion allocated for National Highway Authority (NHA) road infrastructure projects under Public Sector Development Programme (PSDP), the government of Pakistan has released Rs13.6 billion till September 27.

An official source on Monday informed APP that for construction of Hakla-D I Khan Motorway, out of the total allocation of Rs11.5 billion, so far Rs4.95 billion have been released.

He said that for four-lane bridge across Indus River linking Layyah with Taunsa, including 2-lane approach road and river training works having 24 km length, a total of Rs1 billion have been allocated out of which Rs200 million have been released.

The source also said that for construction of 18.3 km six-lane highway from Kala Shah Kaku to Lahore Ring Road including over Ravi River (Lahore Eastern Bypass) a total of Rs1.09 billion have been earmarked, out of which Rs218 million have been released so far. He said that out of Rs 1.5 billion set aside for land acquisition, affected properties compensation and relocation of utilities for construction of Burhan/Hakla to D.I. Khan Motorway, Rs200 million have been issued so far.