Punjab Government expanding its Public Private Partnership (PPP) in Punjab Province with Mega Development Projects.
Public Private Partnerships expanding in Punjab with mega infrastructure projects. Public and private sectors of Pakistan would have to work together for the sustainable economic growth and development. Punjab Planning & Development Public Private Partnership (PPP) Cell has been advancing as a focal point for supporting all PPP initiatives in the province. “We are investing Rs. 50 billion in different development projects in Punjab. The mission of PPP Cell P&D is to tap private investment and managerial abilities for provision of world class public infrastructure and service delivery.” These views were expressed by Agha Waqar Javed Member (PPP-P&D Board/Head PPP Cell) while discussing the scope of Public Private Partnerships in Punjab Province.
Punjab Member PPP Agha Waqar Javed said that while working on more than 41 development projects; PPP Cell is exceeding ahead with new and ground-breaking projects. The operationalized projects (under PPP mode) include Flyover at Railway Crossing at Defense road at estimated cost of Rs. 2,994 million and Vehicle Inspection and Certification System at estimated cost of Rs. 900 million in Punjab. Most widely known Lahore Ring Road (Southern Loop) also falls in the category of awarded projects under PPP mode with an estimated cost of Rs. 24,246 million. Chief Minister Punjab Muhammad Shahbaz Sharif laid the foundation stone of Lahore Ring Road (Southern Loop Project) on 14th August 2016. Public Private Partnership Cell is currently working at several projects included infrastructure, health, education, housing, roads, forestry, tourism, resort development, water treatment plants and urban services; located in different cities of Punjab.
The prominent pipeline projects of PPP Cell included Drivers Training program in Punjab, Rawalpindi Ring road, Diagnostic Centers at DHQ and THQ hospitals, Surface Water treatment plant in Lahore, Dual carriageway Dina Mangla road, Parking plazas and shopping mall in Faisalabad, Wastewater treatment plant Faisalabad etc. He told that Punjab P&D PPP Cell with a vision to achieve sustainable economic development in Punjab with private enterprise is heading with magnificent development ventures in the province for public service.