Punjab Minister for Transport, Jahanzeb Khan Khitchi has said the proposal for setting up of Punjab Road Safety Authority (PRSA) has been sent to the cabinet for approval as the government was committed to resolving the problems of transporters on a priority basis.
This was stated by him while addressing the gathering of “Public-Private Dialogue” organized for the development and promotion of the transport sector at 90-SQA on Wednesday. Chairman Punjab Board of Investment and Trade Fazil Asif, private operators and investors associated with the transport sector also attended the function.
In his keynote address, Jahanzeb Khan Khitchi said the transport sector was the backbone of the development and prosperity of any country. There are vast investment opportunities in the transport sector of Punjab. He said that the supply of buses, trucks, trailers, bus stands, truck stands, vehicle fitness and computerized forks are some of the lucrative projects for investment. The government welcomes private investors in the Punjab transport sector and facilities will be provided to them, he added.
He said that the Punjab government was keenly interested in promoting eco-friendly transport for the prevention of environmental pollution. The Pakistan Tehreek-e-Insaf (PTI) government has also launched the country’s first electric vehicle policy and stakeholders suggestions and experiences will be valuable to provide affordable transportation to commuters, he said.
The provincial minister said that investors could benefit from the option of construction of bus terminals including commercial complexes on lands allotted by Punjab Transport Company on a BOT basis. In addition, the investors could also build bus shelters on a BOT basis and promote their business for a specific period through ads. The Transport Department’s Vehicle Inspection and Certification System’s scope would be extended to include private vehicles as well, he added.
