AGL 38.10 Decreased By ▼ -0.06 (-0.16%)
AIRLINK 136.75 Increased By ▲ 2.56 (1.91%)
BOP 9.22 Increased By ▲ 0.37 (4.18%)
CNERGY 4.75 Increased By ▲ 0.06 (1.28%)
DCL 8.83 Increased By ▲ 0.16 (1.85%)
DFML 38.44 Decreased By ▼ -1.34 (-3.37%)
DGKC 85.40 Increased By ▲ 0.25 (0.29%)
FCCL 35.35 Increased By ▲ 0.45 (1.29%)
FFBL 76.99 Increased By ▲ 1.39 (1.84%)
FFL 12.70 Decreased By ▼ -0.04 (-0.31%)
HUBC 108.79 Decreased By ▼ -0.66 (-0.6%)
HUMNL 14.74 Increased By ▲ 0.64 (4.54%)
KEL 5.55 Increased By ▲ 0.15 (2.78%)
KOSM 8.05 Increased By ▲ 0.30 (3.87%)
MLCF 40.70 Decreased By ▼ -0.67 (-1.62%)
NBP 71.40 Increased By ▲ 1.70 (2.44%)
OGDC 194.75 Increased By ▲ 1.13 (0.58%)
PAEL 27.00 Increased By ▲ 0.79 (3.01%)
PIBTL 7.48 Increased By ▲ 0.06 (0.81%)
PPL 167.95 Increased By ▲ 4.10 (2.5%)
PRL 26.25 Decreased By ▼ -0.11 (-0.42%)
PTC 20.40 Increased By ▲ 0.93 (4.78%)
SEARL 92.84 Increased By ▲ 8.44 (10%)
TELE 7.89 Decreased By ▼ -0.10 (-1.25%)
TOMCL 35.32 Increased By ▲ 1.27 (3.73%)
TPLP 8.98 Increased By ▲ 0.26 (2.98%)
TREET 17.34 Increased By ▲ 0.16 (0.93%)
TRG 59.50 Decreased By ▼ -1.50 (-2.46%)
UNITY 31.00 Increased By ▲ 2.04 (7.04%)
WTL 1.39 Increased By ▲ 0.02 (1.46%)
BR100 10,901 Increased By 125.5 (1.16%)
BR30 32,654 Increased By 420 (1.3%)
KSE100 101,357 Increased By 1274.6 (1.27%)
KSE30 31,488 Increased By 295 (0.95%)

Federal Minister for Railways Sheikh Rashid Ahmed has said that the construction of 22-kilometer Expressway to be built on Nullah Leh would help rapid development of the city. He was addressing businessmen at Rawalpindi Chamber of Commerce and Industry (RCCI) here on Thursday.
The meeting was part of the preparations being made for March 27 public meeting to be addressed by President General Pervez Musharraf. The minister said that the government would rehabilitate about 70,000 families affected by construction of the Expressway on both sides of Nullah Leh.
Nullah Leh was a symbol of poverty, illiteracy, unemployment and illnesses and the dwellers on both sides of the Nullah had been living in a miserable state of health, he said. Rashid said the mega project of about Rs 18 billion would change the whole scenario and the area would emerge beautiful after the construction of the Expressway. He urged the business community to attend the March 27 public meeting.
President Pervez Musharraf would open Expressway and Super Flyover projects to be constructed from Flashmans Hotel to Faizabad besides announcing more development projects for Rawalpindi, he said. The minister said that after completion of Jinnah road, Pirwadhai road, Sadiqabad and Holy Family roads, the government would start repairing and widening Asghar Mall road.
He said that this 400-bed hospital was the first quakeproof hospital being constructed in the city. The government would also construct 30-35 storey quakeproof towers aimed at providing cheap residential facilities to poor people. Very shortly work would be started on plazas at old TMA office and Banni Chowk, he added. Rashid said that soon prime Railway land would also be auctioned for 100 petrol pumps and 200 hotels as no businessman had invested in this sector.

Copyright Business Recorder, 2007

Comments

Comments are closed.