Construction of Habibabad Flyover on BOT basis

The Project envisaged construction of 1 km long Habibabad Flyover on BOT basis at a cost of US$ 8 million. Private party was required to finance construction of the Bridge from its own resources, operate it 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 10 years (including an year for construction and financial close) and NHA expects to earn equivalent to US$ 65 million over the concession period. The Project was awarded in April 2014 and currently it is in operations 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 Habibabad Flyover on BOT basis  National Highway Authority (NHA)  Construction of 1 km long flyover over railway crossing at Habibabad on BOT basis  PKR 831 million  PKR 582 million from debt, and
PKR 249 million
 Construction period 1 year (including 6 months financial close period)
Operations period 8 years (including 5 years debt repayment period)
 In operations phase since 2014  NHA revenue share PKR 5.51 billion
Cost for toll plaza and land PKR 100 million and PKR 109 million respectively