Urgent.News

What's breaking now, across thousands of outlets.

Business

Karachi Port to Qayyumabad: CM approves construction of Shahrah-e-Bhutto corridor

KARACHI: The Public Private Partnership (PPP) Policy Board session chaired by Chief Minister Murad Ali Shah granted approval of the construction of corridor of Shahrah-e-Bhutto, extending from Qayyumabad to Karachi Port. The 16.5 kilometers long, four-lane expressway will be built from Karachi Port to Qayyumabad. “Shahrah-e-Bhutto will be connected to the East Wharf of the Karachi Port,” the PPP…

Karachi Port to Qayyumabad: CM approves construction of Shahrah-e-Bhutto corridor

At a recent Public Private Partnership (PPP) Policy Board session chaired by Chief Minister Murad Ali Shah, the construction of the Shahrah-e-Bhutto corridor was approved. The 16.5 kilometers long, four-lane expressway will connect Qayyumabad to Karachi Port. "Shahrah-e-Bhutto will be connected to the East Wharf of the Karachi Port," the board reported.

The project's contract will span 27.5 years, including 2.5 years for construction. The plan for the corridor will follow design, finance, construction, operation, and transfer. The board also considered replacing the "infrastructure right" with equity. Throughout the meeting, discussions included the Karachi Port Trust's license agreement and the issuance of the final NOC.

A protective embankment, additional loop, ramp, and streetlights were approved for installation on the Memon Goth Interchange.

Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at brecorder.com →

More in Business

More from Tuesday 10 November →