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P3A Approves Bid Documents for 6-Lane Sukkur-Hyderabad Motorway
The Board of the P3A approved the Bid Documents of the landmark Sukkur-Hyderabad Motorway Project that was proposed to be constructed on a Public-Private Partnership (PPP) basis for an approved construction cost of approximately Rs. 191 billion ($1.23 billion).
The Commercial Feasibility Study and the revised Transaction Structure of the Sukkur-Hyderabad Motorway (the project) had been approved by the Board of the P3A.
Following the board’s approval of the Bid Documents, the project will be floated in the market, and bidders will be given adequate time to prepare their proposals.
The board also approved the Public Private Partnership Working Party (P3WP) Regulations, 2021