Lahore: The government of Punjab has decided to start the PKR 69 billion electric tram project on Canal Road in Lahore under the Public-Private-Partnership (3P) basis, news sources reported on January 24. The decision was taken due to the rising cost of the project.
Read: LDA ordered to finalise details on city’s first electric tram project
Reportedly, the decision was made a few days ago at a briefing on Pakistan’s first electric tram project. The Lahore Development Authority (LDA) briefed Chief Minister (CM) Buzdar about the project’s cost and funding possibilities. Buzdar asked authorities to allow private enterprises to construct the multibillion-rupee project, citing funding restrictions. An electric tram would run from Thokar Niaz Beg and Jallo along the Lahore Canal as part of the proposed project. The project would cost PKR 69 billion in total and is estimated to take three years to complete.
Read: CM directs LDA to develop tram project on Canal Road
It was revealed that the project’s entire capacity is 40,000 passengers per day. The project is also Pakistan’s first electric tram project, with the goal of making public transportation more sustainable and lowering pollution.