LAHORE – A sum of Rs 21.6 billion will be spent on acquisition of land for the southern section of Ring Road in accordance with the revised design. According to sources, the Punjab government was acquiring land for 8.5-kilometer southern loop (SL-1) from Sui Gas Town to Ferozepur Road worth Rs 4 billion. For the 13-kilometer southern loop-2 from Ferozepur Road to Raiwind Road, the Punjab government will spend Rs 4 billion on land acquisition while its work will be executed by a Chinese company on a build-operate-and-transfer (BOT) basis.
Similarly, the Punjab government will acquire land for the 8-kilometer southern loop-3 worth Rs 4 billion from Raiwind Road and Multan Road and for this purpose PC-I, is in process for approval of land acquisition. Rs 4.4 billion will be spent on land acquisition for 18 kilometre southern loop-4 from Multan Road to Motorway M-2 while an Rs 4 billion would be spent on acquisition of land from Babu Sabu to Package Number 5, having a length of 2.5 kilometres. The Punjab government will execute work of SL-1, including acquisition of land, while 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, Choong, Shahpur, Motorway Babu Sabu Interchange and Gulshan-e-Ravi at Package Number 5.
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