LAHORE - The governing body of Lahore Development Authority yesterday approved its annual budget of LDA and its subordinate agencies WASA and TEPA, for the fiscal year 2016-17 worth Rs 93.48 billion.

Over Rs80 billion has been earmarked for development works in Lahore along with three districts of Sheikupura, Nankan Sahib and Kasur.

Total resources of LDA (Urban Development Wing) during the fiscal year 2016-17 have been estimated at Rs71.86b. This amount will also include development expenditure of Rs68b.

This includes: Rs10.87b through LDA’s own sources, Rs56.10b to be provided by the Punjab government for executing various development projects under Annual Development Programme and deposit works notably Lahore Orange Line Metro Train Project and Rs1.17 b through LDA’s own sources for carrying out development schemes exclusively in three districts Sheikupura, Nankana Sahib and Kasur.

Over Rs5.80b has been allocated through LDA’s own sources for carrying out development works in LDA housing Schemes which include Rs1.52b for LDA Avenue-I, Rs350 million for construction of road network, water supply and sewerage in Finance & Trade Centre, Johar Town, Rs350m for LDA City, and Rs3.5b as provision for development projects in different LDA housing schemes. These projects will include construction of underpass at railway crossing near Gurumangat Road, Gulberg, remodeling of junctions and U-turns at Moulana Shoukat Ali Road, Khayaban-e- Firdousi and Khyban-e-Jinnah and other development schemes.

Construction of LDA office buildings at Johar Town and Sheikupura and official residences for officers and employees of LDA will cost Rs449m while an amount of Rs305m will be spent on Development and Implementation of Integrated Computerized Systems for LDA.

A sum of Rs200m has been allocated for Preparation of Integrated Strategic Development Plan for Lahore.

Construction of pedestrian bridge in front of Girls College Gujjarpura will cost Rs30 million.

A total of Rs3.63b have been allocated for kicking off new projects in the provincial metropolis including Rs2.28b as LDA’s contribution for carrying out four new development projects under Public Private Partnership Mode on cost sharing basis. These projects include construction of Defence Road Flyover, Sharaqpur Byepass, Southern Bye-pass and Kalashah Kaku Expressway.

LDA will also execute different projects under the ADP of the Punjab government and other deposit works amounting to a total expenditure of Rs56.10b.

A sum of Rs3.72b has been allocated for widening of Canal Bank Road and construction of Chobucha Underpass. Work for widening and improvement of Main Road Sheikupura will cost Rs700m. An amount of Rs400m will be spent on the project for construction of underpasses at Sheikupura-Gujranwala Road and Sheikupura-Hafizabad Road, Sheikupura. Construction of Hockey Stadium at Nanakana Sahib will cost Rs500m.

A sum of Rs3.37b has been allocated for Lahore Orange Line Metro Train Project, its allied works and security services.

The project for widening and improvement of Bedian Road, Barki Road and adjoining approach roads will cost Rs5.84b while remodeling of existing junctions along Multan Road, Chuburji to Multan Chungi will be carried out at cost of Rs5.12b.

Construction of Hockey Stadium at Sheikupura will cost Rs. 240 million. Consultancy services for preparation of Master Plan for water supply, sewerage, drainage and ground water management system for Sheikupura, Kasur and Nanaka Sahib will cost Rs139m.

WASA is excepting total receipts of Rs18.77b in the financial year 2016-17,while TEPA will have a total of Rs2.855b at its disposal.