Public-Private Partnership: GCCI to Spend Rs6bn on Expressway
Gujrat: The Gujranwala Chamber of Commerce and Industry (GCCI) has officially made an unsolicited proposal to the Punjab government to develop a 16-kilometer link road connecting the industrial city to the Sialkot-Lahore motorway (M-11).
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The road from Gujranwala city to the motorway will be constructed through a public-private partnership (PPP) because the city has no direct motorway connection to any of the region’s motorways.
Representatives of the GCCI had already informed Usman Buzdar, the chief minister of Punjab, of the chamber’s desire to invest on the link road, prompting the provincial government to approve the idea.
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According to the PPP model, the investor company may be entitled to all commercial rights of the project, including toll collection, for at least 27 to 30 years, given that the extension project of M-11 between Sambrial-Kharian is also being executed on the PPP model by the Frontier Works Organization (FWO) under the National Highways Authority (NHA).
In November, federal minister Fawad Chaudry will inaugurate the Kharian-Islamabad motorway, which would shorten travel time between Lahore and Islamabad by one hour.
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