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Aleem informs FCCI members: NHA being restructured under new business model

Business Recorder • • 1 min read

Aleem informs FCCI members: NHA being restructured under new business model

Communications Minister Abdul Aleem Khan said the National Highway Authority is adopting a model intended to fund road works through revenue it generates itself. Speaking to Faisalabad Chamber of Commerce & Industry members, he said NHA income had risen from Rs66 billion to Rs160 billion within a year.

Khan said the M-4 expansion from four lanes to six would cost about Rs15 billion and be paid for from the authority’s funds. The Pindi Bhattian, Faisalabad Motorway work is expected to be inaugurated by Prime Minister Shehbaz Sharif in December, while modern rest stops are planned every 20 to 25 kilometres before June next year.

He said NHA had received Rs160 billion of the Rs230 billion allocated under the Public Sector Development Programme, with Rs112 billion spent on road schemes in Balochistan. The authority estimates that completing its 66 active and planned projects will require around Rs3,000 billion.

At a glance

  • NHA revenue rose to Rs160 billion within a year, from Rs66 billion.
  • The M-4 widening is estimated to cost Rs15 billion and use NHA funds.
  • Completing 66 current and planned projects is estimated to require Rs3,000 billion.

Originally reported by Business Recorder

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