Land acquisition for SL of Ring Road in progress,

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Monday, May 16, 2011



LAHORE

An amount of Rs 21.6 billion will be spent on the acquisition of southern section of Ring Road in accordance with the revised design.

According to official sources, the Punjab government is acquiring land for 8.5 kilometres southern loop (SL-1) from Sui Gas Town to Ferozpur Road at a cost of Rs 4,995million. For 13 kilometres southern loop-2 from Ferozepur Road to Raiwind Road, the Punjab government will spend Rs 4091.70 for land acquisition while its work will be executed by a Chinese company on build, operate and transfer (BOT) basis. Similarly, the Punjab government will acquire land for 8 kilometres southern loop-3 at a cost of Rs 4,059.96 million from Raiwind Road and Multan Road and for the purpose PC-I is in process for the approval of land acquisition. A sum of Rs 4449.12 million will be spent on land acquisition for 18 kilometre southern loop-4 from Multan road to Motorway M-2 while an approximate amount of Rs 4 billion would be spent on the acquisition of land from Babu Sabu to pacakge No. 5, having a length 2.5 kilometres.

The Punjab government will execute work on SL-1 including acquisition of land while the execution of SL-2,3 and 4 would be carried out by a Chinese company on BOT basis. According to the revised design, Ring Road will pass through Sui Gas Town, Gajumata, Halloki, Adda Plot, Maraka,Mohlanwal, Chung, Shahpur, Motorway Babu Sabu Interchange and Gulshan-e-Ravi at Package No.5.