KARACHI: The Public Private Partnership (PPP) Policy Board session chaired by Chief Minister Murad Ali Shah granted approval of the construction of corridor of Shahrah-e-Bhutto, extending from Qayyumabad to Karachi Port.
The 16.5 kilometers long, four-lane expressway will be built from Karachi Port to Qayyumabad.
“Shahrah-e-Bhutto will be connected to the East Wharf of the Karachi Port,” the PPP policy board briefed in the meeting.
“The project’s contract will be comprised of 27.5 years including 2.5 years of the construction work,” the board’s session was informed in the briefing.
“The Corridor plan will be completed on design, finance, construction, operation and transfer basis”.
The introduction of a proposal of the ‘infrastructure right’ in place of the equity, has also been under consideration.
The session also discussed the KPT’s licence agreement and issuance of the final NOC.
The meeting approved works for protection of the riverbanks along Shahrah-e-Bhutto expressway.
The session approved the construction of protective embankment, additional loop, ramp and installation of streetlights on the Memon Goth Interchange.
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