AGL 39.51 Decreased By ▼ -0.49 (-1.23%)
AIRLINK 128.70 Decreased By ▼ -0.36 (-0.28%)
BOP 6.85 Increased By ▲ 0.10 (1.48%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.42 Decreased By ▼ -0.13 (-1.52%)
DFML 41.09 Increased By ▲ 0.27 (0.66%)
DGKC 82.25 Increased By ▲ 1.29 (1.59%)
FCCL 33.02 Increased By ▲ 0.25 (0.76%)
FFBL 74.33 Decreased By ▼ -0.10 (-0.13%)
FFL 11.92 Increased By ▲ 0.18 (1.53%)
HUBC 109.60 Increased By ▲ 0.02 (0.02%)
HUMNL 14.24 Increased By ▲ 0.49 (3.56%)
KEL 5.24 Decreased By ▼ -0.07 (-1.32%)
KOSM 7.54 Decreased By ▼ -0.18 (-2.33%)
MLCF 39.10 Increased By ▲ 0.50 (1.3%)
NBP 63.70 Increased By ▲ 0.19 (0.3%)
OGDC 193.20 Decreased By ▼ -1.49 (-0.77%)
PAEL 25.56 Decreased By ▼ -0.15 (-0.58%)
PIBTL 7.31 Decreased By ▼ -0.08 (-1.08%)
PPL 153.50 Decreased By ▼ -1.95 (-1.25%)
PRL 25.95 Increased By ▲ 0.16 (0.62%)
PTC 17.52 Increased By ▲ 0.02 (0.11%)
SEARL 81.50 Increased By ▲ 2.85 (3.62%)
TELE 7.61 Decreased By ▼ -0.25 (-3.18%)
TOMCL 33.45 Decreased By ▼ -0.28 (-0.83%)
TPLP 8.40 No Change ▼ 0.00 (0%)
TREET 16.31 Increased By ▲ 0.04 (0.25%)
TRG 56.65 Decreased By ▼ -1.57 (-2.7%)
UNITY 27.60 Increased By ▲ 0.11 (0.4%)
WTL 1.35 Decreased By ▼ -0.04 (-2.88%)
BR100 10,525 Increased By 80 (0.77%)
BR30 31,139 Decreased By -50.3 (-0.16%)
KSE100 98,427 Increased By 628.3 (0.64%)
KSE30 30,732 Increased By 251.4 (0.82%)

Road infrastructure has a profound and enduring impact on the economic fabric with pivotal role in propelling country's economic growth on swift velocity. The most effective and sustainable way to address the scourge of poverty is to link backward and far-flung areas with the developed areas.
Construction of new roads opens new vistas and avenues of opportunities to those areas and their lives are changed forever. A network of quality roads can spur economic growth and help the country realise its geo economic potential.
Early completion of a road networks connecting agricultural centres and industrial zones of the country with main road arteries of the country and onward linkage to trading centres of the countries of the region is top priority of the present government.
"On completion of the National Trade Corridor by 2012", says Minister for Communications Shamim Siddiqui, "the cargo travel time from Karachi to Peshawar would be reduced from 72 hours to 36 hours, and road losses would be reduced to the tune of over $1 billion per annum which will reduce annual transportation cost by 10 per cent.
"We are revamping the existing infrastructure and are focusing to develop a new one that would carry good promise to achieve our ends. Rupees 520 billion will be spent on rehabilitation and upgradation of highways and motorways in the country during next five years," adds the Minister.
"Under the vision of President General Pervez Musharraf, roads network of the country is being revamped as a strong communication system was essential for the progress and prosperity of the country", says Shamim Siddiqui.
Chairman National Highway Authority Major General Imtiaz Ahmed says roads not only provide impetus to the economic development but also promote inter-regional harmony and integration among people from different areas of a country. He said, we in NHA also believe in the fact that "the road to progress and prosperity leads through development of network of quality highways".
Apart from harmony and establishment of co-ordinated transport system, he said, NTC would also facilitate international and bilateral trade, tourism and traffic in transit for landlocked countries, which hopefully will culminate into tangible benefits and economic prosperity of the people of Asia Pacific region.
Pakistan's primary artery and the main North-South corridor linking Karachi with Torkham on Pakistan - Afghanistan border via Lahore, Rawalpindi and Peshawar the National Highway N-5 is the mainstay of the country's road network and its economic lifeline.

Copyright Associated Press of Pakistan, 2007

Comments

Comments are closed.