Bidding for Ring Road feasibility project begins in Rawalpindi

Asian Infrastructure Investment Bank of China agrees to grant loan for Ring Road project


Our Correspondent May 12, 2019
PHOTO: EXPRESS/FILE

RAWALPINDI: The contract awarding process for preparing feasibility report and detailed design of ring road project has begun again.

The evaluation of sixteen companies with expression of interest has started while the qualified one would be able to place technical and financial bids.

Earlier, the commissioner Rawalpindi had finished the whole process after finding irregularities in the process.

26 firms vying for Ring Road feasibility contract

Earlier, the Asian Infrastructure Investment Bank (AIIB) of China had agreed to grant loan for Ring Road project.

The 38.8 Kilometers long Ring Road project will start from Banth on the Grand Trunk (GT) Road and end at the Thaliyan Motorway Interchange.

Moreover, two, 12-kilometre-long roads will be linked with Ring Road from Rawat and Tarnol.

Published in The Express Tribune, May 12th, 2019.

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