Peshawar: TheKhyber Pakhtunkhwa (KP) government has decided to extend a loan to the federal government to ensure the on-time completion of the Peshawar Northern Bypass project, officials confirmed on Tuesday.
The decision was made during an important meeting chaired by Advisor to the Chief Minister on Finance, Muzzammil Aslam. Key officials in attendance included Secretary Planning & Development Adeel Shah, Commissioner Peshawar Riaz Mehsud, Deputy Commissioner Sanaullah Khan, Head of the KP Debt Management Unit Abdul Qayyum, and representatives from the National Highway Authority and the Prime Minister’s Inspection Team.
Advisor Aslam emphasized that the Northern Bypass is a major federal project with the potential to transform connectivity in Peshawar and the wider KP region. “This bypass is a game-changer for local transport and regional development,” he said.
Officials announced that the project will be divided into four packages valued at Rs 3.9 billion, with funds released immediately after the completion of each package, backed by bank guarantees. A formal agreement will also be signed between the KP Finance Department, Planning & Development Department, the Prime Minister’s Office, and the Ministry of Communications to outline the bridge financing mechanism and the reimbursement procedure.
The KP government’s support is expected to accelerate the project timeline, ensuring the bypass becomes operational sooner, while reinforcing cooperation between the provincial and federal governments.
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