LAHROE: Punjab government has approved starting Rawalpindi Ring Road Project under public-private partnership mode with a cost of Rs 50 billion here on Sunday Approval was granted by Chief Minister Punjab Sardar Usman Buzdar during the 4th meeting of public-private partnership policy and monitoring board here on Sunday.

Approval to appoint a transaction adviser for ten other projects was also given decisions were endorsed made in the 3rd meeting Secretary Board and member PPP cell Dr Farrukh Naveed briefed about PPP mode projects.

CM stated that every promise made with the residents of Rawalpindi will be fulfilled and hoped the ring road will solve the traffic problems besides boosting economic activities. He directed that there should be no delay in the timeline and necessary matters should be expedited adding that the government will provide full support in this regard.

The CM also directed to minimize the processing time adding that PPP mode projects should be on-ground without any delay. A suitable mechanism should be devised to early start the PPP mode projects while giving due attention to the legal aspects.

He disclosed that the Punjab government will start construction work of Sheikhupura-Gujranwala road in the next few days. Public-private partnership mode should be encouraged for the construction of hospitals in future and a comprehensive business model would be devised for the said purpose, he said and further stated that PTI government believes in best service delivery in the health sector.

Copyright Business Recorder, 2020