Super Highway between Karachi and Hyderabad to be upgraded to six-lane Motorway (M-9). It will be first major National High Authority (NHA)) project to be constructed on Build-Operate-Transfer (BOT) basis.
Talking to APP on Sunday member operations NHA Altaf Chaudhry said the authority signed a concession agreement for the construction of 136 km M-9, with the Standard Construction firm in September this year.
The project will cost Rs 6.3 billion and is to be completed in two years, said member NHA. He said the scope of work includes expansion of the road from four to six lanes and provision of service areas.
He said the 136 km Motorway was the first genuine road project undertaken by the NHA on BOT basis. It may be mentioned here that NHA recently awarded Rs 8 million Lakpass tunnel construction project to Frontier Works Organisation (FWO) also on BOT basis.
Altaf Chaudhry said the government would earn Rs 9 billion in 25 years as taxes from the project. He said the road would form part of a wider network connecting the principal and populous cities of the country.