| Lahore: Lahore Development Authority (LDA) Director General (DG) Amir Ahmad Khan has said that the Gulberg Elevated Expressway project will be funded by the Asian Development Bank (ADB), the news sources reported on February 15.
Read: Gulberg Elevated Expressway made part of Lahore Master plan 2050
The director general revealed this following a meeting with a four-member delegation of ADB, which met to discuss the funding options and the project’s scope. On the occasion, DG Amir said that the Gulberg Elevated Expressway will be a flagship project for the city.
According to LDA DG Amir, the project’s goals are to improve traffic flow in a busy area of Lahore and link traffic to the city’s entrance and exit points. The participants were also briefed by LDA Chief Engineer-I Israr Saeed Khan on the project’s design elements and potential environmental effects.
Read: CM Elahi greenlights Lahore Elevated Expressway project
It is important to note that the Gulberg Elevated Expressway project’s Project Concept 1 (PC-1) was approved in 2020. The 10.5-kilometre-long track will cost PKR 85 billion and will connect Gulberg Main Boulevard with the Lahore-Islamabad Motorway (M-2), bypassing Shadman, Samanabad, Ferozepur Road, and Gulshan Ravi. |
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