National News

NHA to auction toll plazas at Khanewal-Multan section of M-4

ISLAMABAD, (MILLAT/APP): National Highway Authority (NHA)
had planned to auction four toll plazas at Khanewal-Multan section
of Faisalabad-Multan Motorway for about one year time ending on June
30 next year, an NHA official said Saturday.
He said minimum average net worth of the plazas had been
fixed at Rs 100 million based on the income of past three fiscal
years.
The contract would start from May 1, 2017 and end of June 30,
2018.
The 54 kilometer Khanewal-Multan section was formally
inaugurated by Prime Minister Nawaz Sharif in November 2015.
The 58 km Faisalabad-Gojra section had also become operational
while 62 km Gojra-Shorkot section and 64 km Shorkot-Khanewal section
were under construction and would become operational by April next
year.
The M-4 beginning at the Islamabad-Lahore Motorway (M-2) to
the Sargodha Road Interchange on the Northern outskirts of
Faisalabad.
It would continue on a Southwest course connecting the cities
of Faisalabad, Gojra, Toba Tek Singh, Shorkot, Abdul Hakeem,
Khanewal and Multan.
The completion of Faisalabad-Multan Motorway (M-4) would
improve Pakistan`s vital North-South road network, promote economic
growth, create employment opportunities and ensure regional
connectivity.