Rs6.5b released to buy land for Ring Road
CategoriesConstruction National News Real Estate News

To get the long-planned, 65 kilometre-long Rawalpindi Ring Road project off the ground, Rs6.5b released to buy land for Ring Road by the government.

This was disclosed by the Punjab Project Management Unit (PMU) Deputy Director M Abdullah on Sunday.

He said that the proposed project includes the construction of industrial zones as well as a health city, dry port, bus and truck terminals and theme parks.

In a detailed presentation to traders of the city as part of a briefing session on the Ring Road at the Rawalpindi Chamber of Commerce and Industry (RCCI), the deputy director said that a proposal for rapid rail transit was also under consideration in the project.

He assured that suggestions of the stakeholders will be shared with the relevant officials so that they can be incorporated into the project.

RCCI President Nasir Mirza said that the project can prove to be a game-changer for Rawalpindi as the proposed industrial zones can turn the city into a hub of trade activities.

The stakeholders, he said, should be taken on board while finalizing the allocation for and demarcation of industrial zones, he added. The RCCI president further emphasized that this was an important project for the development of Rawalpindi and should be completed on priority.

If you enjoyed this story, check out Punjab Govt approves Rawalpindi Ring Road Project

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The post Rs6.5b released to buy land for Ring Road appeared first on The Express Tribune October 12th, 2020

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