PHOTO: FILEThe board of the Public-Private Partnership Authority (P3A) has approved the bid documents of the landmark Sukkur-Hyderabad Motorway project. The project, agreed to be constructed on Public-Private Partnership (PPP) basis, would approximately cost Rs191 billion ($ 1.23 Billion), according to a statement released on Friday. Minister for Planning, Development and Special Initiatives Asad Umar presided over the meeting of the board held here. The board previously approved a commercial feasibility study and revised the transaction structure of the project. The P3A board also approved the Public-Private Partnership Working Party (P3WP) Regulations, 2021.

Source: The Express Tribune September 18, 2021 05:56 UTC