Introduction
Considering the present conditions of the traffic in Lahore and the conditions existing at the Badami Bagh General Bus Stand, it is evident that there is a dire need to construct new bus terminals. The new bus terminals would be located at suitable locations to accommodate all incoming and outgoing traffic. The Transport Department, Government of the Punjab intends to establish Multi-Modal Intercity Bus Terminals (MIBTs) to provide international standard services in Public Private Partnership mode.
Location |
|
Proposal Type |
Solicited proposal on Built Own Transfer (BOT) basis |
Project Cost |
PKR 8,935 million |
Concession Period |
20 years |
Concerned/Sponsoring Agency |
Transport Department |
Current Status |
Land Procurement under process |
Salient Features
Area Phase-I:
- Thokar Niaz Baig 244 Kanals and 04 Marlas
- Shahdara Terminal 262 Kanal 13 Marla
Area Phase-II:
- Ferozpur Road Terminal 254 Kanal and 17 Marlas
Role of Government Agency
- Provision of land for three multi modal bus terminals
- Provide and support in obtaining necessary approvals
Role of Private Party
- Private party (The Concessionaire) will be responsible for financing, designing, construction and operation & maintenance (O&M).
- The project-assets will be transferred back to Government of Punjab after expiry of concession period.