LAHORE: On Friday, The Sukkur-Hyderabad Motorway (M6) project, which will cost a total of Rs. 307 billion to develop, is now the largest Public-Private Partnership (PPP) project in the country thanks to the concession deal that The National Highway Authority (NHA) and contractor inked. (Reported by news source)
According to the P3A Board-approved transaction structure, the Pakistani government will only pay Rs. 9.5 billion during the course of construction, with the private party arranging the rest Rs. 297.5 billion through equity and commercial loans.
At the conclusion of the concession period, the project will also be given free of charge to the NHA.
The road, sometimes referred to as the M6 Motorway, is the largest PPP project ever signed in the history of the nation.
The freeway, which is 306 kilometres long, will include six lanes. The private party will build and manage the project for 25 years, starting from the day the PPP agreement was signed, with the goal of making it climate resilient.
