Rs6.5b released to buy land for Ring Road
People are shopping in a crowded market of Rawalpindi where traders refused to follow lockdown orders issued by the Punjab government.. PHOTO: ONLINE
To get the long-planned, 65 kilometre-long Rawalpindi Ring Road project off the ground, the government has released Rs 6.5 billion to acquire land for the project.
This was disclosed by the Punjab Project Management Unit (PMU) Deputy Director M Abdullah on Sunday.
He said that the proposed project includes the construction of industrial zones as well as a health city, dry port, bus and truck terminals and theme parks.
In a detailed presentation to traders of the city as part of a briefing session on the Ring Road at the Rawalpindi Chamber of Commerce and Industry (RCCI), the deputy director said that a proposal for rapid rail transit was also under consideration in the project.
He assured that suggestions of the stakeholders will be shared with the relevant officials so that they can be incorporated into the project.
RCCI President Nasir Mirza said that the project can prove to be a game-changer for Rawalpindi as the proposed industrial zones can turn the city into a hub of trade activities.
The stakeholders, he said, should be taken on board while finalizing the allocation for and demarcation of industrial zones, he added. The RCCI president further emphasized that this was an important project for the development of Rawalpindi and should be completed on priority.
Published in The Express Tribune, October 12th, 2020.