{"id":88451,"date":"2022-09-05T17:23:12","date_gmt":"2022-09-05T12:23:12","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=88451"},"modified":"2022-09-05T17:23:18","modified_gmt":"2022-09-05T12:23:18","slug":"kp-7-billion-swat-motorway-phase-2","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/kp-7-billion-swat-motorway-phase-2.html","title":{"rendered":"KP releases PKR 7 billion for Swat Motorway Phase-2 project"},"content":{"rendered":"\n<p>Peshawar: The Khyber Pakhtunkhwa (KP) government has released PKR 7 billion for the construction of the Swat Motorway Phase-2 project, news sources reported on September 4.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/groundbreaking-swat-motorway-next-week.html\" data-type=\"post\" data-id=\"85917\" target=\"_blank\" rel=\"noreferrer noopener\">KP CM to break ground for Swat Motorway Phase-II next week<\/a><\/p>\n\n\n\n<p>The government released the funds as a part of the agreement signed under the <a href=\"https:\/\/www.zameen.com\/news\/concession-agreement-signed-swat-motorway-phase-ii.html\" data-type=\"post\" data-id=\"83392\">Public-Private Partnership (PPP)<\/a> model. As per the details, the government has released the funds for its share of PKR 14 billion for the project&#8217;s early completion. As per the agreement, the road project worth PKR 38 billion will be completed by the private firm on a 60:40 model, with the private firm spending PKR 24 billion while the provincial government will provide the rest.<\/p>\n\n\n\n<p>Under the agreement, the firm will build the project under Build-operate-transfer (BOT) model. The firm will operate the project for 30 years, with the government getting 10% of the proceeds from toll plazas after 11 years.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/kp-climate-change-policy-plan-flood.html\" data-type=\"post\" data-id=\"88439\">KP approves climate change policy action<\/a><a href=\"https:\/\/www.zameen.com\/news\/kp-climate-change-policy-plan-flood.html\" data-type=\"post\" data-id=\"88439\" target=\"_blank\" rel=\"noreferrer noopener\"> plan<\/a><a href=\"https:\/\/www.zameen.com\/news\/kp-climate-change-policy-plan-flood.html\" data-type=\"post\" data-id=\"88439\"> amid flood crisis<\/a><\/p>\n\n\n\n<p>It is vital to note that the KP government has paused ongoing development projects, citing the prevailing flood situation in the country as the reason, and has said that funding would be redirected to restoration and recovery efforts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peshawar: The Khyber Pakhtunkhwa (KP) government has released PKR 7 billion for the construction of the Swat Motorway Phase-2 project, news sources reported on September 4. Read: KP CM to break ground for Swat Motorway Phase-II next week The government released the funds as a part of the agreement signed under the Public-Private Partnership (PPP) model. As per the details, the government has released the funds for its share of PKR 14 billion for the project&#8217;s early completion. As per the agreement, the road project worth PKR 38 billion will be completed by the private firm on a 60:40 model, with the private firm spending PKR 24 billion while the provincial government will provide the rest. Under the agreement, the firm will build the project under Build-operate-transfer (BOT) model. The firm will operate the project for 30 years, with the government getting 10% of the proceeds from toll plazas after 11 years. Read: KP approves climate change policy action plan amid flood crisis It is vital to note that the KP government has paused ongoing development projects, citing the prevailing flood situation in the country as the reason, and has said that funding would be redirected to restoration and recovery&hellip;<\/p>\n","protected":false},"author":84,"featured_media":60815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[2515,53890,53889],"persona":[],"class_list":{"0":"post-88451","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-kp-government","9":"tag-kp-releases-pkr-7-billion-for-swat-motorway-phase-2-project","10":"tag-swat-motorway","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>KP releases PKR 7 billion for Swat Motorway Phase-2- Zameen News<\/title>\n<meta name=\"description\" content=\"Peshawar: The Khyber Pakhtunkhwa (KP) government has released PKR 7 billion for the construction of the Swat Motorway Phase-2 project, news sources\" \/>\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\/kp-7-billion-swat-motorway-phase-2.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KP releases PKR 7 billion for Swat Motorway Phase-2- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Peshawar: The Khyber Pakhtunkhwa (KP) government has released PKR 7 billion for the construction of the Swat Motorway Phase-2 project, news sources\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/kp-7-billion-swat-motorway-phase-2.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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