Lahore : The Lahore Bund Road project, valued at Rs. 15 billion has encountered hurdles, including administrative delays and payment issues to contractors, as reported on June 3.
As per news details, the Lahore Development Authority (LDA) still needs to green-light the updated cost estimate, which includes acquiring land for service roads, while government funds designated for the project remain stuck at the Accountant General of Punjab’s office, causing delays. The project, launched in the third quarter of 2022, aims to enhance Bund Road’s poor condition, alleviate traffic congestion, and mitigate pollution.
Initially estimated at Rs. 11.3 billion, the project’s cost increased to Rs. 15 billion due to land acquisition requirements. Although the revised estimate has government support, it awaits final clearance from LDA’s top management. Despite ongoing efforts, slow progress persists due to insufficient funds.
