Fuel levy-funded N-25 project to be launched on Aug 14
ISLAMABAD: Prime Minister Shehbaz Sharif is expected to conduct on Aug 14 the groundbreaking of a major expressway linking Karachi to Quetta and Chaman, being financed through a special tax on petroleum products.
The premier had increased petroleum levy on petroleum products by Rs8 per litre and announced that the funding would be used for building and upgrading the 815km road project, formerly known as RCD highway. The government has allocated Rs100 billion in the current year budget for the project.
Progress on the N-25 project was reviewed on Tuesday at a meeting, which was presided over by Planning Minister Ahsan Iqbal, with the representatives of the Ministry of Communications, National Highway Authority (NHA) and Frontier Works Organisation (FWO) in attendance.
During the meeting, NHA officials updated the project’s........
© Dawn Business
