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Reading: Bids being invited for Pak-China Economic Corridor project
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PhotoNews Pakistan > Business > Bids being invited for Pak-China Economic Corridor project
Business

Bids being invited for Pak-China Economic Corridor project

Web Desk
By Web Desk Published December 24, 2014 1 Min Read
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Bids have been invited from Chinese construction companies and other international and local firms for the multi-billion dollar  of Pak-China Economic Corridor (PCEC) project, the country’s biggest road project recently launched by the government.

According to a document, the bids have been invited through national and international publications.

Work on one of the sections of the PCEC has been initiated this month under which a motorway from Havelian to Thakot as phase-I of the Islamabad-Raikot section of the corridor would be constructed.

The Havalian to Thakot section of the corridor is being financed by China while other phases will be carried out on the basis of Built Operate and Transfer (BOT).

The second section of the PCEC will be initiated next month for the construction of a motorway from Karachi to Hyderabad. The project has been awarded to the Frontier Works Organisation (FWO).

The third section will be initiated in a couple of months for the construction of Multan-Sukkur Motorway.

Some other sections, including Hyderabad to Sukkur, Lahore to Multan and Sukkur to Multan motorways will be started one by one.

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