LAHORE Thousands of daily commuters will get some relief at the end of this year as the Lahore Transport Company (LTC) is all set to ply 1,000 buses at City routs till December. At present only 375 buses are plying at 53 City routes while in June there would be 500 buses in the City. The remaining 500 would join them after six months. LTC Chairman Khawaja Ahmad Hassan informed this while talking to TheNation on Friday. Foton Manufacturing - a China based company - and a local company namely First Bus Service to invest in the first phase while the dialogues are continuing with Turkish and Korean companies in this regard, he said. The sources in transport sector told this scriber that about 1,400 buses had been available in Lahore during 2004 which were decreased to mere few hundreds due to the poor policies of the government. However, the Chairman pledged that Lahorites would enjoy better transport facilities in 2011. He said the new buses would prove the first rain drops and inline with the vision of the Punjab CM, LTC had planned to bring many investors in the transport sector. Air Conditioned Coaches and Radio Cab Taxis would also be introduced in few months, he revealed. Old buses would be repaired for bringing them at roads, he pledged. He said 'new CNG stations would be established which would be exempted from gas holydays. It is worth mentioning here that as many as 10 investors including foreigners had signed Memorandum of Understanding (MOU) with Punjab government and LTC for making investment in the transport sector especially in Lahore. Local investors were also taken on board to invest in different projects relates to improvement of public transport system. However, no improvement had been made in this regard. Punjab government allocated about Rs 1 billion in the annual budget 2010-11 for the improvement of transport system. The government had planned to import 2,500 CNG buses for City and 2,500 for rest of the province to be used as public transport and had intended to import separately 5,000 CNG buses for free pick and drop of poor students but no visible progress had been made so for.