Asks officials to complete all codal, procedural requirements
PESHAWAR: Chief Minister Pervez Khattak on Saturday directed the relevant authorities to immediately complete all codal and procedural requirements for undertaking the Swat Motorway project.
He was presiding over a meeting of the public-private partnership committee of Swat Motorway at the Chief Minister’s House, said a handout.
Minister Finance Muzaffar Said, Advisor to Chief Minister on Communication and Works Akbar Ayub, chief secretary, administrative secretaries and other officers attended the meeting.
The meeting had a threadbare discussion on different dimensions of the Swat Motorway that included the acquisition of land, construction of six interchanges, service areas, future extension, mode of payment and agreement between the two partners.
It made a number of decisions to accelerate the pace of work and timely completion of the project.
There were two different presentations made by C&W, project director, its consultant and the Finance Department for funding of the Swat Motorway.
The Frontier Works Organisation (FWO) is a partner of the provincial government in the construction of Swat Motorway that will cost Rs40 billion and would be completed before 2017.
The provincial government would pay the cost in two installments. There are three different committees to oversee and make decisions about the project.
One of the committees comprise of representative of the P&D, Law and FWO that makes decisions at the preliminary level.
The second committee is headed by secretary P&D while the third one is public-private partnership committee headed by the chief minister.
Speaking at the meeting, Chief Minister Pervez Khattak expressed the optimism that Swat Motorway would redefine the future outlook of Khyber Pakhtunkhwa in terms of enhanced trade and commerce, industrialisation, opening the entire northern belt of the province to the rest of the country.
He said the confluence of M1 and the Swat Motorway would be the future trade centre that will generate a lot of resources and would create jobs opportunities.
Pervez Khattak directed the quarters concerned to divert resources to the Swat Motorway project as it was being undertaken by his government.
The Frontier Works Organisation was undertaking the project and it would maintain its high standard of construction, he said, adding, the project must be completed by the end of 2017.
He directed the line departments to facilitate FWO in the smooth undertaking of the project and called for removing bottlenecks in the project to facilitate the operational activities of the FWO.
The chief minister said that Swat Motorway would be 81 kilometer long with two kilometer long tunnel.
Pervez Khattak directed the officials concerned to acquire land up to 500 kanal at each interchange for commercial activities.
He added the Swat Motorway would become the hub of economic activities, adding, the design should promote greenery and beautification of the area.
The meeting endorsed different recommendations and declared the project legally and financially viable.
It approved Rs5.5 billion loan for the project and the agreement between the two parties.
The terms and conditions of the project would be similar as adopted for other projects in the country of similar nature.
The first installment would be issued immediately and the second one would be issued after July next year.
The meeting approved appointment of independent engineers and auditors. It also okayed sufficient service road up to 30 percent of the total motorway.