Tender issued for multimillion motorway PPP project in Pakistan
National Highway Authority (NHA) of the Government of Pakistan has issued a Request for Proposals (RFP) for the delivery of Kharian – Rawalpindi Motorway in Punjab.
The project intends to connect Lahore (the capital city of Punjab) with Rawalpindi/Islamabad, via a shorter route of Sialkot, Kharian, Gujrat and Jhelum en route. The Kharian - Rawalpindi is a 117 kilometers long, 4-lane motorway project with a concession duration will of 25 years. The project will be developed on a build, operate and transfer (BOT) PPP model.
The motorway is expected to be completed by March 2024. The NHA will provide a total of PKR7,500 million (USD42.6 million) as capital Viability Gap Funding (VGF) during the construction period in the form of Equity.
The last date to submit the proposals is March 29, 2022. More information can be found on our business opportunity page here.
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