Rawalpindi: The Rawalpindi Ring Road (RRR)\u2019s revised PC-2 and the Project Management Unit (PMU) comprising 102 members has been formed and sent for final approval to Punjab Planning and Development Unit, reported a news source. Rawalpindi Commissioner has been named as the project director for the PMU, while the Rawalpindi Development Authority will be the Executing Agency for the project.<\/p>\n
The revised PC-2 has been prepared by the National Engineering Services Pakistan (NESPAK), which was completed at a cost of over PKR 87 million. While the two-year expenditure of the PMU are estimated at PKR 2.91 billion. Under the PC-2, the project cost is expected to cross the initial estimates of PKR 47 billion. In addition to that, the project is now changed to loan mode from private-public partnership mode. It should be kept in mind the Asian Infrastructure Investment Bank of China has already agreed to provide loan for the RRR.<\/p>\n
The NESPAK will be engaged for designing of feasibility study, structural supervision, and processing of tender documents. Under the PC-2, the RRR will provide access points to the historical and cultural sites and public parks falling in its route. In addition to that, community development programs will also be introduces for the shanty towns falling of the RRR\u2019s route.<\/p>\n
Furthermore, the RDA has also initiated the process to procure NOC from Islamabad Electric Supply Company, Pakistan Railway and National Highway Authority.<\/p>\n","protected":false},"excerpt":{"rendered":"
Rawalpindi: The Rawalpindi Ring Road (RRR)\u2019s revised PC-2 and the Project Management Unit (PMU) comprising 102 members has been formed and sent for final approval to Punjab Planning and Development Unit, reported a news source. Rawalpindi Commissioner has been named as the project director for the PMU, while the Rawalpindi Development Authority will be the Executing Agency for the project. The revised PC-2 has been prepared by the National Engineering Services Pakistan (NESPAK), which was completed at a cost of over PKR 87 million. While the two-year expenditure of the PMU are estimated at PKR 2.91 billion. Under the PC-2, the project cost is expected to cross the initial estimates of PKR 47 billion. In addition to that, the project is now changed to loan mode from private-public partnership mode. It should be kept in mind the Asian Infrastructure Investment Bank of China has already agreed to provide loan for the RRR. The NESPAK will be engaged for designing of feasibility study, structural supervision, and processing of tender documents. Under the PC-2, the RRR will provide access points to the historical and cultural sites and public parks falling in its route. In addition to that, community development programs will also…<\/p>\n","protected":false},"author":18,"featured_media":28480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[7800,6855],"persona":[],"class_list":{"0":"post-41147","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-formation-of-rawalpindi-ring-roads-pc-2","8":"tag-latest-update-on-rawalpindi-ring-road"},"acf":[],"yoast_head":"\n