Construction of Lahore Sialkot Motorway on BOT basis

The Project envisaged construction of green-field 90 km long 4-lane access controlled motorway connecting Lahore and Sialkot cities on BOT basis at a cost of US$ 438 million. Private party was required to finance construction of the Project from its own resources, operate the Project for a defined concession period and transfer the Project back to NHA at no cost at the end of concession period. The Project’s concession period is 25 years (including 2 years construction and 6 months financial close period). The Project was awarded in February 2016 and currently it is nearing completion of construction phase

Projects Essentials Details

 Project Name  Implementing Agency  Project Scope  Project Cost  Project Cost Financing Mix  Project Time-Line  Project Status  Expected Financial Benefit to Gov.
 Construction of Lahore Sialkot Motorway on BOT basis  National Highway Authority (NHA)  Construction of 90 long Lahore Sialkot Motorway on BOT basis  PKR 43.8 billion  PKR 12.6 billion from debtPKR 6.8 billionPKR 1.4 billion from toll during construction, andPKR 18 billion and PKR 5 billion from GoP contribution and GoP loan respectively  Financial close period 6 monthsConstruction period 2.5 years Operations
22 years (including 8 years debt repayment period)
 In operations phase  GoP taxes PKR 28.65 billion