PESHAWAR: Dir Motorway project under the public-private partnership mood was on Tuesday approved by the Public Private Partnership Committee of KP.
The approval was accorded at a meeting of the Public Private Partnership Committee with Chief Minister Khyber Mahmood Khan in the chair.
Briefing the forum about financial/technical feasibility and other aspects of the motorway, it was told that the project along with Peshawar-D.I. Khan motorway was technically and financially viable.
The 360 km Peshawar-D.I. Khan motorway will be constructed at a total cost of Rs261.6 billion. The six-lane motorway will consist of 19 interchanges and seven km long two tunnels. Around 30 km service road will also be constructed in populated areas along the motorway.
About the Dir Motorway project, it was informed that the 30 km long motorway from Chakdara to Rabaat would be constructed at a cost of Rs35.5 billion, adding three interchanges, four overpasses, four flyovers, 24 bridges, two tunnels and two underpasses would be constructed under the project.
The participants were informed that both the projects had already been cleared by the Executive Committee of National Economic Council (ECNEC).
The chief minister termed these projects of vital importance for sustainable development of the province and said the projects on completion would prove to be a mile stone towards economic stability of the province by promoting tourism, trade and economic activities in the region.