Sialkot-Kharian, Kharian-Rawalpindi motorways approved for construction under public-private partnership
The Board of Directors of the Public Private Partnership Authority (P3A) has approved several major infrastructure projects aimed at enhancing regional connectivity and improving public services through public-private partnerships.
The board granted in-principal approval for the revised commercial structure of the Sialkot–Kharian Motorway project, a 69-kilometre stretch that will be upgraded to a six-lane road.
In addition, the board approved the Kharian–Rawalpindi Motorway project, a 117.6-kilometre six-lane greenfield motorway under the Build-Operate-Transfer (BOT) model. With an estimated cost of Rs202.61 billion, the project will include Rs40 billion in Viability Gap Funding and will be procured through international competitive bidding. This motorway is expected to reduce travel time between north and central Punjab, facilitating regional trade and passenger traffic.
Other initiatives approved during the meeting include hiring an International Financial Institution (IFI) as a transaction advisor for urban water and sewerage projects in Islamabad under the Capital Development Authority (CDA). The projects aim to introduce international expertise in structuring and implementing climate-resilient municipal infrastructure.