AGL 38.48 Decreased By ▼ -0.08 (-0.21%)
AIRLINK 203.02 Decreased By ▼ -4.75 (-2.29%)
BOP 10.17 Increased By ▲ 0.11 (1.09%)
CNERGY 6.54 Decreased By ▼ -0.54 (-7.63%)
DCL 9.58 Decreased By ▼ -0.41 (-4.1%)
DFML 40.02 Decreased By ▼ -1.12 (-2.72%)
DGKC 98.08 Decreased By ▼ -5.38 (-5.2%)
FCCL 34.96 Decreased By ▼ -1.39 (-3.82%)
FFBL 86.43 Decreased By ▼ -5.16 (-5.63%)
FFL 13.90 Decreased By ▼ -0.70 (-4.79%)
HUBC 131.57 Decreased By ▼ -7.86 (-5.64%)
HUMNL 14.02 Decreased By ▼ -0.08 (-0.57%)
KEL 5.61 Decreased By ▼ -0.36 (-6.03%)
KOSM 7.27 Decreased By ▼ -0.59 (-7.51%)
MLCF 45.59 Decreased By ▼ -1.69 (-3.57%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 220.76 Decreased By ▼ -1.90 (-0.85%)
PAEL 38.48 Increased By ▲ 0.37 (0.97%)
PIBTL 8.91 Decreased By ▼ -0.36 (-3.88%)
PPL 197.88 Decreased By ▼ -7.97 (-3.87%)
PRL 39.03 Decreased By ▼ -0.82 (-2.06%)
PTC 25.47 Decreased By ▼ -1.15 (-4.32%)
SEARL 103.05 Decreased By ▼ -7.19 (-6.52%)
TELE 9.02 Decreased By ▼ -0.21 (-2.28%)
TOMCL 36.41 Decreased By ▼ -1.80 (-4.71%)
TPLP 13.75 Decreased By ▼ -0.02 (-0.15%)
TREET 25.12 Decreased By ▼ -1.33 (-5.03%)
TRG 58.04 Decreased By ▼ -2.50 (-4.13%)
UNITY 33.67 Decreased By ▼ -0.47 (-1.38%)
WTL 1.71 Decreased By ▼ -0.17 (-9.04%)
BR100 11,890 Decreased By -408.8 (-3.32%)
BR30 37,357 Decreased By -1520.9 (-3.91%)
KSE100 111,070 Decreased By -3790.4 (-3.3%)
KSE30 34,909 Decreased By -1287 (-3.56%)

ISLAMABAD: The National Highways Authority (NHA) and Frontier Works Organization (FWO) Monday signed an agreement on the installation of electronic toll plazas on motorways.

Muhammad Azhar, Member Finance from NHA and Brig Asif Siddique (retired), Director IT from FWO signed the agreement. Federal Minister for Communications and Postal Services, Asad Mahmood was the chief guest on the occasion.

The Federal Secretary for Communications and Chairman NHA Capt Muhammad Khurram Agha (retired), Director General of FWO Maj Gen Kamal Azfar, Inspector General of National Highways and Motorways Police Khalid Mahmood and the senior officers of the Ministry of Communications and the NHA also attended the function.

Director IT Asif Siddique gave a briefing on the electronic toll collection system.

Mahmood said, that the duration of this agreement for the collection of motorway toll tax through an electronic system is seven years, which can be extended for another 3 years. The tolling system includes the installation of modern machinery, operational and management services and other related services.

The purpose of this fiber connectivity is to collect accurate data regarding toll revenue through utilization of modern technology, ie, electronic collection instead of manual payment of toll tax.

Mahmood said that the main objective of e-tolling is to keep traffic and commercial activities flowing and to ensure complete safety of passengers. Connecting and coordinating all the toll plazas on the motorways will save time and a smooth flow of traffic will be ensured.

Mahmood said that the electronic toll system would be gradually extended to the national highways of the country. He hoped that the plan for electronic collection of toll tax on motorways would be completed in eight months. Ongoing projects of the NHA should be completed as soon as possible with national spirit, he added.

Copyright Business Recorder, 2022

Comments

Comments are closed.