Lahore: In its maiden meeting, the Public-Private Partnership Authority’s Executive Committee approved the PKR 10 billion bid for the development of Lahore Ring Road (LRR)’s Southern Loop III, a news source reported. The meeting was chaired by Advisor on Economic Reforms Dr Salman Shah.
Read: LDA seeks ban on new housing schemes outside LRR
The meeting also approved the amendment in the bid agenda for Southern Loop III. The approval was granted with mutual consent of the meeting members, which included Punjab Planning and Development Board Chairman Habib-ur-Rehman Gillani and Public-Private Partnership Authority Member Dr Farrukh Naveed.
Read: LRR’s Southern Loop III gets a nod
The meeting also approved the budget and administrative matters of the authority as well as funds for other projects to be operated under the authority’s administrative control.