Construction of 1 km long flyover over railway crossing at Habibabad on BOT basis
Project Cost
PKR 831million
Project cost financing mix
PKR 582 million from debt, and PKR 249 million
Project time-line
Construction period 1 year (including 6 months financial close period)
Operations period 8 years (including 5 years debt repayment period)
Expected Financial benefit to Gov.
NHA revenue share PKR 5.51 billion
Cost for toll plaza and land PKR 100 million and PKR 109 million respectively
Project status
In operations phase since
2014
Overview
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.