LAHORE - Lahore Development Authority will soon construct 5.8km long Expressway on GT Road from Shahdra to Rachna Town, near Kala Shah Kaku, on Build-Operate Transfer (BOT) basis.
Starting from current location of Ravi River Toll Plaza and ending near Rachna Town after the Imamia Colony Railway Crossing, the GT Road Expressway will be a grade-separated and access-controlled highway, according to a handout issued on Saturday.
The project will entail a 3+3 car lanes and a 2-lane dedicated Metro Bus corridor placed on embankment retained by RCC retaining walls, a 2-lane service road on both sides, two flyovers including one at Shahdara Morr and the other one on Railway Line at Imamia Colony, one underpass at Shahdara Morr to cater for Jaranwala-Lahore traffic movement, an at-grade roundabout at Shahdara Mor, construction of four new bus stations (including a terminal point) and remodelling of one existing bus station.
The project will be executed under Public Private Partnership mode under the Punjab Public Private Partnership Act 2014. Under this arrangement, the private partner shall be required to design, engineer, finance, construct, maintain and operate the Expressway for a period of 25 years in exchange for a concession to exclusively collect tolls on the Expressway.
Interested local and foreign parties of strong financial standing that have the capability to bring together necessary skills and resources have been invited to submit bids through a single-stage three-envelope process.