![Recarpeting, renovation work of M-2 nearing completion](https://photo-cdn.urdupoint.com/media/2016/08/_2/740x404/pic_1471880002.jpg)
Recarpeting, Renovation Work Of M-2 Nearing Completion
Mohammad Ali (@ChaudhryMAli88) Published August 22, 2016 | 08:33 PM
![Recarpeting, renovation work of M-2 nearing completion](https://photo-cdn.urdupoint.com/media/2016/08/_2/740x404/pic_1471880002.jpg)
ISLAMABAD, (UrduPoint / Pakistan Point News - 22th August, 2016) : Recarpeting and renovation work of Islamabad-Lahore Motorway (M-2) scheduled to be completed by December this year has been nearly completed. Talking to APP here on Monday an official of National Highway Authority said that expect for a couple of patches the recarpetting process of the motorway has been completed and remaining work will be accomplished within next few weeks. It is worth mentioning that total cost of the project is Rs. 30.935 billion which includes renovation of toll plazas, weigh stations workshops as well and the total length of the M-2 being recarpetted is 714 Kms. The official said the expenditures incurred on re-carpeting of the M-2 was made from the revenue generated through toll tax,therefore no expenditure is made from the other development heads of the NHA. Renovation and overlay work on the M-2 had started in January last year by M/s MORE (FWO),the Build-Operate-Transfer (BOT) concessionaire of the project.
The M-2 was handed over to FWO on December 15,2014 for operation and maintenance for the next 20 years.
Signing ceremony of the BOT agreement between the NHA and the Frontier Works Organization (FWO) for re-designing and beautification of Lahore- Islamabad Motorway (M-2) was held in April 2014. The NHA said that the overlaying, fencing, beautification of the road would make travel along it all the more a wonderful experience. He said that the government was not seeking any loans from abroad for the construction of the road.
On the contrary, the FWO would pay an amount of Rs 206 billion to the government of Pakistan over the agreement period, besides looking after the road.
Related Topics
Recent Stories
![Cricket: England v West Indies 3rd Test scoreboard](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019914.jpg)
Cricket: England v West Indies 3rd Test scoreboard
![Finance minister briefs Chinese officials on refor ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019922.jpg)
Finance minister briefs Chinese officials on reform agenda, engagement with IMF
![Finland says Russian vessel violated its territori ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019912.jpg)
Finland says Russian vessel violated its territorial waters
![Olympic opening ceremony under way on River Seine](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019266.jpg)
Olympic opening ceremony under way on River Seine
![West Indies' treble strike rocks England in third ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019264.jpg)
West Indies' treble strike rocks England in third Test
![Ukraine court orders detention of suspect in murde ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019262.jpg)
Ukraine court orders detention of suspect in murder of nationalist ex-MP
![Long queues, ticketing problems ahead of Paris ope ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019015.jpg)
Long queues, ticketing problems ahead of Paris opening ceremony
![Rana Sanaullah Khan joins Paris 2024 Olympics inau ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019638.jpg)
Rana Sanaullah Khan joins Paris 2024 Olympics inauguration reception
![Glowing tributes mark 69th birthday of President Z ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019637.jpg)
Glowing tributes mark 69th birthday of President Zardari at Governor's House
![Players unaware of spying scandal as Canada Olympi ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019635.jpg)
Players unaware of spying scandal as Canada Olympic coach sent home: official
![Naqvi hails Pak women cricketers for going down fi ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019013.jpg)
Naqvi hails Pak women cricketers for going down fighting against SL
!['Sabotage' on French rail network before Olympics: ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019634.jpg)
'Sabotage' on French rail network before Olympics: What we know
More Stories From Pakistan
-
NDMA Advisory: More Monsoon Rains-wind, Thundershowers from July 28-31
6 hours ago -
Armed Forces, tri services chiefs pay homage to Captain Sarwar Shaheed
6 hours ago -
Agriculture dept inks agreement with Bakhabar Kissan
7 hours ago -
Rana Sanaullah Khan joins Paris 2024 Olympics inauguration reception
7 hours ago -
Glowing tributes mark 69th birthday of President Zardari at Governor's House
7 hours ago -
Balochistan CM announce depoliticizing of police, Levies force
7 hours ago
-
PTI creating unrest, halting economic progress in country: MNA
7 hours ago -
ISSI holds webinar on “Elections in Iran : Regional and International Insights”
7 hours ago -
ECP defers written test for seats of election officers
7 hours ago -
PN assists in firefighting, evacuation efforts for stranded civilians of Kashif Centre fire incident
7 hours ago -
Women's rights protection is govt's top priority. Hina Parvez Butt
7 hours ago -
"We stand in solidarity with Azma Bokhari”: Secretary Women’s Parliamentary Caucus
7 hours ago