The Project envisaged construction and conversion of existing 4-lane 136 km long super highway into 6-lane access controlled motorway connecting Karachi and Hyderabad cities on BOT basis at a cost of US$ 430 million. Private party was required to finance the project construction 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 2.5 years construction and 6 months financial close period) and NHA expects to earn guaranteed US$ 1.43 billion over the concession period. The Project was awarded in March 2015 and currently it is in operations phase.