A meeting of the Public Private Partnership (PPP) committee on Swat Motorway Phase-II held here with the Chief Minister Khyber Pakhtunkhwa Mahmood Khan in the chair at Chief Minister House Peshawar the other day.
The meeting agreed in principal to the proposed financial models for the construction of Swat Motorway Phase-II project and accorded approval to go ahead on Built Operate Transfer (BoT) model through public private partnership.
The 80 Km long Swat Motorway Phase-II Project from to be constructed from Chakdara Interchange to Fatehpur Madyan would have nine interchanges and eight main bridges on river Swat. The local population on both sides of the River Swat would be connected through the aforesaid interchanges and bridges.
The Chief Minister on the occasion directed the authorities concerned to fix realistic timelines for the ground breaking and subsequent completion of this flagship project of the provincial government and made it clear that the project should be completed within the stipulated time period.
The meeting was briefed in details about the background of the project, its salient features, cost, technical studies, financial models and other related matters.