For five years, lease the N-75 (Islamabad-Murree Expressway) to a government-owned company. This decision is part of the agency’s strategy to improve the management and maintenance of essential infrastructure projects in Pakistan.NHA Leases N-75 Expressway to Govt-Owned Firm.
Lease Under PPRA Rules NHA
NHA’s Executive Board approved this contracting agreement, clause 42(f) of the Public Procurement Regulatory Authority (PPRA) rules. According to these regulations, a government-owned company will take over management, maintenance. And operational control on a lease basis for N-75 Islamabad-Murree Expressway. This move aims to ensure that this crucial transport route operates efficiently and effectively.
Duties Imposed On Government-Owned Company NHA
Under the contract terms, the selected government-owned companies will manage operational control and maintain the Islamabad-Murree Expressway for five years. It should perform all necessary repairs, carry out routine care, and upgrade infrastructures, which are essential under this lease agreement. The expressway is expected to be kept safe. And reliable by ensuring its continuous use by different people. Such as daily commuters who travel from their homes in Islamabad suburbs towards offices in the downtown area. At the same time, Murree also receives many visitors every year, being one popular hill station.
Objectives Of the Leasing Agreement
The main objective of the NHA decNHAn thoroughfare service improvement initiative is to involve private sector companies through public partnership ventures or otherwise so that they can come up with better ways of doing things along these highways, which act as lifelines connecting major cities across Pakistan like Lahore-Karachi Motorway, etc. thus contributing significantly towards national development process adopted by various stakeholders including governments at all levels: federal, provincial & local authorities concerned about economic growth strategies aimed at poverty reduction programs designed around sustainable livelihoods creation plans focused on skills training entrepreneurship support systems strengthening youth empowerment initiatives promoting gender equality mainstreaming peace building approaches among others within broader context sustainable development goals towards realization peace, prosperity justice for all future generations thereof.
Monitoring And Supervision
Over the next five years, while the lease is in effect, NHA will monitor the performance of the government-owned company to ensure it meets set standards and expectations. This authority shall also carry out regular assessments on maintenance and operational efficiencies required from such entities during their contracts with NHA.
This lease forms part of a wider effort by NHAs to optimize the utilization of their highway network by ensuring that it is properly managed so that critical routes like the Islamabad-Murree Expressway can continue serving people’s needs. Therefore, positive changes are expected due to the involvement of these types of organizations, which would contribute significantly to the overall enhancement of transportation infrastructure across the country.
