NHA, Malaysian company sign agreement for motorway

ISLAMABAD: National Highway Authority and Malaysian company Binapuri Holding Monday signed agreement for construction of Hyderabad, Karachi motorway on Built, Operate, Transfer BOT basis.

NHA Chairman Syed Muhammad Ali Gardezi & Managing Director of Malaysian company signed agreement here under which Binapuri will invest Rs 23.93 million in the project to be completed in three years. Seven interchanges and sixteen toll plazas will be constructed in six lanes Hyderabad, Karachi motorway work on which is expected to start by end of next month.