{"id":66653,"date":"2020-06-15T12:43:06","date_gmt":"2020-06-15T07:43:06","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=66653"},"modified":"2020-06-15T12:43:29","modified_gmt":"2020-06-15T07:43:29","slug":"lrra-nlc-sign-construction-agreement-for-lahore-ring-road-southern-loop-iii","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/lrra-nlc-sign-construction-agreement-for-lahore-ring-road-southern-loop-iii.html","title":{"rendered":"LRRA, NLC sign construction agreement for Lahore Ring Road-Southern Loop III"},"content":{"rendered":"\n<p>Lahore: The Lahore Ring Road Authority (LRRA) and the National Logistics Cell (NLC) on Saturday signed an agreement for the construction of the Lahore Ring Road\u2019s Southern Loop III; paving the way for the initiation of the PKR 10 billion project by the end of going week, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/lrra-establish-economic-zone-near-ring-road.html\" target=\"_blank\">LRRA mulls setting up economic zone along Lahore Ring Road<\/a><\/p>\n\n\n\n<p>LRRA Chairman and City Commissioner Saif Anjum inked the said <a href=\"https:\/\/www.zameen.com\/news\/lrr-sl-iii-construction-contract-signed-next-week.html\" target=\"_blank\" rel=\"noreferrer noopener\">agreement<\/a>, along with Chief Operating Officer Colonel Shah Jahan. Prime Minister (PM) Imran Khan and Punjab Chief Minister (CM) Sardar Usman Buzdar attended the signing ceremony.<\/p>\n\n\n\n<p>According to details, the construction of Southern Loop III (SL3) is expected to commence from Raiwind Road (Adda Plot) and will connect Multan Road at Maraka point. The 8-kilometre-long SL3 project will feature two interchanges, three subways and six lanes dual carriageway. It is expected to be completed with a year\u2019s time frame.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/lrra-requests-funds-ring-road-restoration.html\">LRRA requests <\/a><a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/lrra-requests-funds-ring-road-restoration.html\" target=\"_blank\">issuance <\/a><a href=\"https:\/\/www.zameen.com\/news\/lrra-requests-funds-ring-road-restoration.html\" target=\"_blank\" rel=\"noreferrer noopener\">of PKR 1.60 bn funds for rehabilitating northern loop<\/a><\/p>\n\n\n\n<p>Moreover, the SL3 is all set to be constructed under a public-private partnership (PPP) mode and a build, operate and transfer (BOT) basis. The authority has also acquired 3,098 kanals of land worth PKR 4.586 billion. The cost of this project will be recovered by the contractors in the form of the toll collected from motorists. An estimate revealed that aside from connecting the remote areas to city junction, the SL3 will host 34,000 vehicles on a daily basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Lahore Ring Road Authority (LRRA) and the National Logistics Cell (NLC) on Saturday signed an agreement for the construction of the Lahore Ring Road\u2019s Southern Loop III; paving the way for the initiation of the PKR 10 billion project by the end of going week, according to news sources. Read: LRRA mulls setting up economic zone along Lahore Ring Road LRRA Chairman and City Commissioner Saif Anjum inked the said agreement, along with Chief Operating Officer Colonel Shah Jahan. Prime Minister (PM) Imran Khan and Punjab Chief Minister (CM) Sardar Usman Buzdar attended the signing ceremony. According to details, the construction of Southern Loop III (SL3) is expected to commence from Raiwind Road (Adda Plot) and will connect Multan Road at Maraka point. The 8-kilometre-long SL3 project will feature two interchanges, three subways and six lanes dual carriageway. It is expected to be completed with a year\u2019s time frame. Read: LRRA requests issuance of PKR 1.60 bn funds for rehabilitating northern loop Moreover, the SL3 is all set to be constructed under a public-private partnership (PPP) mode and a build, operate and transfer (BOT) basis. The authority has also acquired 3,098 kanals of land worth PKR 4.586 billion.&hellip;<\/p>\n","protected":false},"author":75,"featured_media":62448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013,20385],"tags":[31757,30742,1544],"persona":[],"class_list":{"0":"post-66653","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"category-development-projects","9":"tag-construction-agreement-for-lahore-ring-road-southern-loop-iii","10":"tag-lahore-ring-road-authority-lrra","11":"tag-lahore-ring-road-southern-loop","12":"cat-15013-id","13":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Agreement signed for Lahore Ring Road-Southern Loop III- Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Lahore Ring Road Authority (LRRA) and the National Logistics Cell (NLC) on Saturday signed an agreement for the construction of the Lahore\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/lrra-nlc-sign-construction-agreement-for-lahore-ring-road-southern-loop-iii.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agreement signed for Lahore Ring Road-Southern Loop III- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Lahore Ring Road Authority (LRRA) and the National Logistics Cell (NLC) on Saturday signed an agreement for the construction of the Lahore\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/lrra-nlc-sign-construction-agreement-for-lahore-ring-road-southern-loop-iii.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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