Lahore Parking Plaza Projects Face Shortage of Funds

Lahore's Neela Gumbad and Nasir Bagh parking plazas are facing a funding shortfall of Rs. 800 million, threatening their October 2026 completion deadline. According to Traffic Engineering and Transport Planning Agency (TEPA) officials, about 60% to 70% of the construction work has already been completed. The finishing stage is now underway, but additional funds are required to place orders for imported materials and complete the remaining work.

TEPA has been sending letters to the Punjab government and Walled City authorities requesting the release of funds. However, the necessary money has not been provided despite the urgency of the situation. The agency believes that if funding is released promptly, both plazas can still be finished on schedule, as their completion now hinges on securing the remaining funds for ongoing work and purchases.

The Neela Gumbad and Nasir Bagh parking plazas are among the Punjab government's top priority projects. While construction has progressed to a significant degree, the lack of funding is hindering their timely completion.