Considering if it ever happens.. Im sick of the idiots that drive here.. been here three weeks and all ive seen is people who cant decide what to do till the last minute, and are more afraid of rainwater than cats.
Lahore Rapid Mass Transit Rail Project
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LRMTS is a PML-Q project, says Elahi
LAHORE - The Punjab governments sinister move of renaming and asserting its claim over the Lahore Rapid Mass Transit System (LRMTS) will fall flat since people are aware it was planned and financed by the earlier Punjab government, said former Chief Minister (CM) Pervaiz Elahi briefing journalists on the LRMTS project on Tuesday.
Elahi said that, after inviting international tenders in 2004, his government had short-listed a Hong Kong-based company credited with several successful urban metro projects and French company Systra to complete the reference design of the LRMTS in 2007 which included engineering, planning and financial evaluation of the project.
Explaining the financial aspect of the LRMTS, Elahi said according to the 2006 price index, the cost for a 27 km green line extending from Ferozepur Road Lahore to Shahdra was put at $ 2.4 billion. He said the Asian Development Bank had consented to providing a $1.2 billion loan for the project while three other foreign companies were willing to invest $1 billion.
Elahi said the LRMTS had become a matter of revenge as the present Punjab government told the Asian Development Bank that the $ 1 billion loan was not required since the provinces investment climate was no longer congenial, he said.
Elahi said that the timely completion the LRMTS project would have generated $ 100 million per annum apart from creating of over 1 million new jobs and saving the publics time and money.
Criticizing Shahbaz governments recently signed agreement on the project with a Chinese company, Elahi alleged there was no project feasibility report and the financial details including the markup rate on a massive $ 1.87 billion loan had also not been made public. He said that Shahbaz governments abject failure to manage Punjab left it with no choice but to revive PML-Qs projects namely the IT Tower Lahore and LRMTS.
He also criticized PML-Ns claims of turning 8-Club road into an IT university, selling of bullet proof cars, Sasti Roti scheme, Green Tractor scheme and the performance of task forces set up by the current Punjab CM.
LRMTS is a PML-Q project, says Elahi | Pakistan Today | Latest news, Breaking news, Pakistan News, World news, business, sport and multimedia
LRMTS is a PML-Q project, says Elahi
LAHORE - The Punjab governments sinister move of renaming and asserting its claim over the Lahore Rapid Mass Transit System (LRMTS) will fall flat since people are aware it was planned and financed by the earlier Punjab government, said former Chief Minister (CM) Pervaiz Elahi briefing journalists on the LRMTS project on Tuesday.
Elahi said that, after inviting international tenders in 2004, his government had short-listed a Hong Kong-based company credited with several successful urban metro projects and French company Systra to complete the reference design of the LRMTS in 2007 which included engineering, planning and financial evaluation of the project.
Explaining the financial aspect of the LRMTS, Elahi said according to the 2006 price index, the cost for a 27 km green line extending from Ferozepur Road Lahore to Shahdra was put at $ 2.4 billion. He said the Asian Development Bank had consented to providing a $1.2 billion loan for the project while three other foreign companies were willing to invest $1 billion.
Elahi said the LRMTS had become a matter of revenge as the present Punjab government told the Asian Development Bank that the $ 1 billion loan was not required since the provinces investment climate was no longer congenial, he said.
Elahi said that the timely completion the LRMTS project would have generated $ 100 million per annum apart from creating of over 1 million new jobs and saving the publics time and money.
Criticizing Shahbaz governments recently signed agreement on the project with a Chinese company, Elahi alleged there was no project feasibility report and the financial details including the markup rate on a massive $ 1.87 billion loan had also not been made public. He said that Shahbaz governments abject failure to manage Punjab left it with no choice but to revive PML-Qs projects namely the IT Tower Lahore and LRMTS.
He also criticized PML-Ns claims of turning 8-Club road into an IT university, selling of bullet proof cars, Sasti Roti scheme, Green Tractor scheme and the performance of task forces set up by the current Punjab CM.
LRMTS is a PML-Q project, says Elahi | Pakistan Today | Latest news, Breaking news, Pakistan News, World news, business, sport and multimedia
rohailmalhi
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I heard the project is a go and they are implementing it in Lahore right now................Anyone knows more details of the project.
Share the pics if u guys have any..........
I heard the project is a go and they are implementing it in Lahore right now................Anyone knows more details of the project.
Share the pics if u guys have any..........
They are building a BRT project instead of this one at the moment. The LMT program is so far on shelf.... which is very bad.. they should have started atleast some part ...
The Fuel that will be saved even if we get some 100,000 cars of the road will be great ... but instead our stupid govt is giving them Taxi's if they would start this project it would create much more job...
The Fuel that will be saved even if we get some 100,000 cars of the road will be great ... but instead our stupid govt is giving them Taxi's if they would start this project it would create much more job...
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