NHA collects Rs2b in FY18
'In 2018, the figure jumped to Rs2 billion and it is further expected to increase in the coming years'
He added that the rates of use of NHA’s ROW are assessed keeping in view the traffic flow, presence of factories and other business concerns in the area. PHOTO:FILE
ISLAMABAD:
National Highway Authority (NHA) has collected Rs2 billion by allowing commercial use of its right of way (ROW) during the last fiscal year. “The efforts of the NHA to increase its revenue could be gauged from the fact that in fiscal year 2013-14, it collected Rs470 million from the use of ROW,” said an official of NHA. “But in 2018, the figure jumped to Rs2 billion and it is further expected to increase in the coming years.” He said that the NHA has been fulfilling the responsibility of construction and expansion of motorways, national highways, expressways and bridges and it needs heavy funds for their maintenance and repair. He added that the rates of use of NHA’s ROW are assessed keeping in view the traffic flow, presence of factories and other business concerns in the area.
Published in The Express Tribune, August 28th, 2018.
National Highway Authority (NHA) has collected Rs2 billion by allowing commercial use of its right of way (ROW) during the last fiscal year. “The efforts of the NHA to increase its revenue could be gauged from the fact that in fiscal year 2013-14, it collected Rs470 million from the use of ROW,” said an official of NHA. “But in 2018, the figure jumped to Rs2 billion and it is further expected to increase in the coming years.” He said that the NHA has been fulfilling the responsibility of construction and expansion of motorways, national highways, expressways and bridges and it needs heavy funds for their maintenance and repair. He added that the rates of use of NHA’s ROW are assessed keeping in view the traffic flow, presence of factories and other business concerns in the area.
Published in The Express Tribune, August 28th, 2018.