M-6 Motorway
The meeting of ECNEC, chaired by Finance and Revenue Adviser Shaukat Tarin, gave the nod to the revised project for the construction of Hyderabad-Sukkur Motorway on a build-operate-transfer (BOT) contract at a cost of Rs191.5 billion, according to the finance ministry.
The project will be executed by the National Highway Authority (NHA) and envisages the construction of 306lm long, six– lane wide motorway between Hyderabad and Sukkur.
The NHA has received two bids from local parties in its third attempt to award the project after Chinese companies decided to stay away from the bidding process.
In April this year, the Public Private Partnership Authority (PPPA) board had approved the provision of Rs92 billion from the budget and through toll charges to make the Hyderabad-Sukkur motorway project financially viable and attractive for private parties,