Federal Minister for Planning, Development and Special Initiatives Asad Umar chaired a meeting of the Board of Directors of Public Private Partnership Authority (PPPA).
The meeting considered the transaction structures of Public Private Partnership Projects of Sukkur-Hyderabad Motorway and NUST Teaching & Research Hospital.
Secretary Communications and Chairman NHA briefed the Board on various aspects of the Sukkur Hyderabad Motorway Project (M6). M6 is an NHA project, which is proposed to be built on BOT basis. The Motorway project is estimated to cost Rs 204.28 billion, and would take 33 Months to complete. The NHA team gave a detailed briefing on the proposed transaction structure for the project which had been designed in consultation with the PPP Authority. After detailed discussion, the Board approved the transaction structure for the Project based upon the recommended option in the feasibility.
The Board also considered a proposal of NUST for Construction of a Teaching & Research Hospital (NTRH) on BOT basis in the PPP mode. The Board after thorough deliberations, cleared the project for implementation on BOT basis. It was also decided that the Hospital would have a public welfare element and would also cater to the treatment requirements of Sehat Insaf Card holders.
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