Punjab releases more funds for Rawalpindi Ring Road

The Punjab government has allocated Rs4 billion for the Rawalpindi Ring Road (R3) project to settle its liabilities by the end of the financial year 2023-24.

Commissioner Amir Khattak said additional funds would be disbursed in the next financial year to complete the project by December as per the scheduled deadline.

In the current fiscal year, Punjab has allocated Rs7.8 billion for the construction of Rawalpindi Ring Road after land acquisition. The revised project has been approved by the Planning and Development Department. The Central Development Working Group and ECNEC are also expected to give their approval soon.

Khattak also announced two more projects to be launched in the coming fiscal year, including the expansion of Kachhari Chowk and a signal-free corridor from Ammar Chowk to Peerwadahi Mor.

It is pertinent to mention here that the cost of Rawalpindi Ring Road (R3) project has increased from Rs31 billion to Rs38 billion.

The project stretches 38.3 km from Banth (GT Road) to Thalian (Motorway) and includes five interchanges: Banth, Chak Beli Khan, Adiala Road, Chakri Road and Thalian.

An industrial zone will be developed around the ring road. The road will be six-lane and have controlled access, with a design speed of 120 km/h.

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