PR No. 160 Rs.194 Billion Saved In Cpec Projects Through Transparent Tendering Process. Chairman NHA Islamabad
Secretary Communications and Chairman, National Highway Authority Mr. Shahid Ashraf Tarar has said that NHA made a saving of Rs.194 billion in various CPEC projects owing to a transparent and vigilant tendering and award procedure. He was presiding over NHA Executive Board Meeting held at NHA HQ today.
The meeting was informed that the initial bid for Sukkur-Multan Motorway was Rs. 406 billion which was brought down to Rs. 294 bn thus saving Rs. 111 billion. Similarly, the initial bid for Havelian-Thakot was Rs. 192 billion and was eventually brought down to Rs. 133 billion, resulting in a saving of Rs. 58 billion. He further told the meeting that similar savings were ensured in other important projects such as Lahore-Multan Motorway (Rs. 11 billion) and ADB funded projects in Balochistan (Rs. 9 billion).
Efforts are made to complete the projects with minimum possible cost and highest construction standard within the given time period. He added.
The members of the Executive Board lauded the efforts of the NHA and expressed hope that this high standard would be maintained in future as well.
Dr. Shujat Ali, Additional Secretary (Budget), Finance Division, Mr. Muhammad Saleem Bhatti, IG, NH&MP, Mr. Malik Ahmed Khan, Member (Infrastructure), P&D Division, Mr. Nazir Ahmad, Joint Secretary, Ministry of Communications, Ms. Amna Imran Khan, Chief NTRC, Mr. Azhar Masood, NESPAK, Raja Nowsherwan, Member (Planning) NHA, Mr. Shoaib Ahmad Khan, Member (Finance) NHA and Mr. Ali Akbar Memom, Secretary NHA participated in the meeting.