{"id":84007,"date":"2022-02-20T10:00:00","date_gmt":"2022-02-20T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=84007"},"modified":"2022-02-18T16:50:13","modified_gmt":"2022-02-18T11:50:13","slug":"pppa-sukkur-hyderabad-krm-projects","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pppa-sukkur-hyderabad-krm-projects.html","title":{"rendered":"PPPA approves Sukkur-Hyderabad, Kharian-Rawalpindi motorway projects"},"content":{"rendered":"\n<p>\u00a0Islamabad: The Public-Private Partnership Authority (PPPA) Board has approved the proposals for the construction of Sukkur-Hyderabad Motorway (M-6) and Kharian-Rawalpindi Motorway (KRM) on a Public-Private Partnership (PPP) basis, according to a news story published on Friday (February 18).\u00a0 Deputy Chairman of the Planning Commission Mohammad Jehanzeb Khan approved the construction of Sukkur-Hyderabad (M-6) Motorway with the provision of capital Viability Gap Funding (VGF) amounting to PKR 9.5 billion.\u00a0 <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/ecnec-approves-development-projects-including-the-m6-motorway.html\" target=\"_blank\" rel=\"noreferrer noopener\">ECNEC approves Sukkur-Hyderabad Motorway, other projects<\/a><\/p>\n\n\n\n<p>As per the details, the Sukkur-Hyderabad (M-6) motorway project will include the construction of a 306-kilometre long green field-controlled access road, at the cost of PKR 307 billion (as per the successful bidder\u2019s proposal). The successful bidder has proposed to provide PKR 408 billion guaranteed revenue share to the government over 22 years. It is expected that the project will generate PKR 918 billion in the form of corporate taxes.\u00a0 <\/p>\n\n\n\n<p>Moreover, the meeting was notified that after the completion of the said motorway project, the commuters will be able to travel from Karachi to Peshawar. According to the Planning Commission, the project will provide exceptional economic benefits by boosting tourism, creating employment opportunities, saving costs, reducing travel time, and promoting the socio-economic development of rural and urban centres.\u00a0 Reportedly, the meeting also approved the construction of <a href=\"https:\/\/www.zameen.com\/news\/ecnec-approves-projects.html\" data-type=\"post\" data-id=\"81745\" target=\"_blank\" rel=\"noreferrer noopener\">Kharian-Rawalpindi Motorway (KRM)<\/a> on a Public-Private Partnership basis. <\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cdwp-108-5-kharian-rawalpindi.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDWP gives go-ahead to PKR 108.5 bn Kharian-Rawalpindi motorway<\/a><\/p>\n\n\n\n<p>The said project has been approved by the Central Development Working Party, Risk Management Unit, and Executive Committee of the National Economic Council. According to the details, the Kharian-Rawalpindi Motorway is a 117-kilometre long 4-lane (convertible to six-lane) greenfield facility. It is expected to be complete within 2-years.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Islamabad: The Public-Private Partnership Authority (PPPA) Board has approved the proposals for the construction of Sukkur-Hyderabad Motorway (M-6) and Kharian-Rawalpindi Motorway (KRM) on a Public-Private Partnership (PPP) basis, according to a news story published on Friday (February 18).\u00a0 Deputy Chairman of the Planning Commission Mohammad Jehanzeb Khan approved the construction of Sukkur-Hyderabad (M-6) Motorway with the provision of capital Viability Gap Funding (VGF) amounting to PKR 9.5 billion.\u00a0 Read: ECNEC approves Sukkur-Hyderabad Motorway, other projects As per the details, the Sukkur-Hyderabad (M-6) motorway project will include the construction of a 306-kilometre long green field-controlled access road, at the cost of PKR 307 billion (as per the successful bidder\u2019s proposal). The successful bidder has proposed to provide PKR 408 billion guaranteed revenue share to the government over 22 years. It is expected that the project will generate PKR 918 billion in the form of corporate taxes.\u00a0 Moreover, the meeting was notified that after the completion of the said motorway project, the commuters will be able to travel from Karachi to Peshawar. According to the Planning Commission, the project will provide exceptional economic benefits by boosting tourism, creating employment opportunities, saving costs, reducing travel time, and promoting the socio-economic development of rural&hellip;<\/p>\n","protected":false},"author":84,"featured_media":74143,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[51219,51218,51217],"persona":[],"class_list":{"0":"post-84007","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-kharian-multan-motorway","9":"tag-kharian-rawalpindi-motorway-projects","10":"tag-pppa-approves-sukkur-hyderabad","11":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PPPA approves Sukkur-Hyderabad, KRM projects - Zameen News<\/title>\n<meta name=\"description\" content=\"\u00a0Islamabad: The Public-Private Partnership Authority (PPPA) Board has approved the proposals for the construction of Sukkur-Hyderabad Motorway (M-6) and\" \/>\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\/pppa-sukkur-hyderabad-krm-projects.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PPPA approves Sukkur-Hyderabad, KRM projects - Zameen News\" \/>\n<meta property=\"og:description\" content=\"\u00a0Islamabad: The Public-Private Partnership Authority (PPPA) Board has approved the proposals for the construction of Sukkur-Hyderabad Motorway (M-6) and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pppa-sukkur-hyderabad-krm-projects.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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