Saturday, June 26, 2010

Rs 32.885 Billion Earmarked for New Roads in Punjab

Further news about LRMTS in this Punjab Government Road Sector Allocation called MTDF.
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LAHORE (June 27 2010): To deal with passengers and freight traffic demand for roads, the Punjab government has allocated Rs 32.885 billion, the amount shows an increase of over 15 percent in the provincial budget 2010-11. The passengers and freight traffic has increased to 4.5 percent and 10.5 percent respectively in the last couple of years in Punjab

The road sector allocations for ADP (2010-11) account for about 16 percent of the province's overall development outlay for the year 2010-11. According to the budget documents, the government has allocated Rs 30.435 billion for the year 2012-13 and Rs 26.004 billion for the year 2012-13 under the Medium Term Development Framework (MTDF).


The MTDF (2010-11) aims to improve existing road densities through rehabilitation/improvement and expansion of existing network. With transition of major part of the farm-to-market/district roads network to the district governments since devolution, the provincial road sector has been focusing to consolidate and maintain the existing inter-district roads while catering for rehabilitation of the rural-access roads under an umbrella programme. In addition, present development portfolio for the province entails major urban and inter- city road projects including Lahore Ring Road and Lahore Rapid Mass Transit System.

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