Karachi: The Sindh government on Thursday released funds worth PKR 2.5 billion to facilitate the launch of new bus service in the city, according to news sources. Chief Minister (CM) Murad Ali Shah provided his approval to the issuance of funds.
Provincial Minister for Transport Owais Qadir Shah stated that the CM had sanctioned the release of funds for the procurement of news buses; adding that the initiative would be launched on a public-private partnership (PPP) mode.
Moreover, the Sindh government is expected to acquire 100 buses for Karachi and 100 such vehicles for Hyderabad, Sukkur, Larkana, and Mirpurkhas.
To this effect, the authorities concerned recently announced their decision to float an international tender for the procurement of 200 buses. The timeframe for the completion of this project is expected to take seven months.
In May last year, the Sindh government had finalised an agreement with a Korean company for the provision of 1,000 buses for Karachi. Under the programme, the said firm had agreed to provide 200 buses within 60 days of the conclusion of the agreement deal.