NHA Plans To Undertake Upgradation Of N-70 Section On BOT

On Sep 9, 2016

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ISLAMABAD, (Muzaffargarh.City -9th Sept,2016) :National Highway Authority (NHA) plans to undertake the gradation and dualization of Multan-Muzaffargarh – D.G. Khan Section of Multan – Qilla Saifullah Highway (N-70) on Build-Operate-Transfer (BOT) basis.

An official of NHA told APP on Friday that the NHA invited bids for undertaking gradation and dualization of Multan- Muzaffargarh – D.G. Khan Section of N-70 and a Concession Agreement has been finalized, which awaits approval of Executive board of NHA.

He said once the Concession Agreement is signed, the construction work shall be commenced after achievement of Financial Close by the Concessionaire. He said that the project construction period will be 24 months from achievement of financial close.