BR100 Decreased By (-0.34%)
BR30 Decreased By (-0.25%)
KSE100 Decreased By (-0.27%)
KSE30 Decreased By (-0.23%)
AGHA 6.65 Increased By ▲ 0.02 (0.3%)
BECO 4.21 Decreased By ▼ -0.08 (-1.86%)
BML 59.22 Decreased By ▼ -0.94 (-1.56%)
BOP 28.53 Decreased By ▼ -0.25 (-0.87%)
CNERGY 12.88 Increased By ▲ 0.03 (0.23%)
CSIL 5.45 Decreased By ▼ -0.01 (-0.18%)
FCCL 51.30 Decreased By ▼ -0.47 (-0.91%)
FFL 14.06 Increased By ▲ 0.03 (0.21%)
FNEL 1.10 Decreased By ▼ -0.02 (-1.79%)
KEL 6.01 Decreased By ▼ -0.08 (-1.31%)
KOSM 5.44 Increased By ▲ 0.06 (1.12%)
LOTCHEM 24.95 Decreased By ▼ -0.46 (-1.81%)
MLCF 89.23 Decreased By ▼ -0.72 (-0.8%)
NBP 157.29 Decreased By ▼ -0.94 (-0.59%)
NCPL 48.14 Decreased By ▼ -0.71 (-1.45%)
NPL 52.65 Decreased By ▼ -0.64 (-1.2%)
OGDC 299.47 Increased By ▲ 0.37 (0.12%)
PACE 9.47 Decreased By ▼ -0.52 (-5.21%)
PAEL 33.62 Decreased By ▼ -0.15 (-0.44%)
PIBTL 13.48 Decreased By ▼ -0.17 (-1.25%)
PPL 218.85 Decreased By ▼ -0.02 (-0.01%)
PRL 108.81 Increased By ▲ 1.86 (1.74%)
PTC 53.76 Increased By ▲ 0.16 (0.3%)
SSGC 22.77 Decreased By ▼ -0.14 (-0.61%)
TBL 9.26 Decreased By ▼ -0.31 (-3.24%)
TELE 7.04 Decreased By ▼ -0.07 (-0.98%)
TPL 20.04 Decreased By ▼ -0.44 (-2.15%)
TPLP 11.53 Decreased By ▼ -0.25 (-2.12%)
TREET 23.35 Decreased By ▼ -0.03 (-0.13%)
TRG 57.62 Increased By ▲ 1.25 (2.22%)

Construction of the much-awaited Rs 8 billion mega Lowari Tunnel Project (LTP) to link Chitral district with other parts of the country is likely to commence in October, it is learnt. Formal announcement in this regard is expected on Monday by Chairman of National Highway Authority (NHA).
The 8.86km long tunnel project is located at a height of 10,500 feet above sea level and will improve all-weather link of Chitral with the rest of the country.
Local people are of the belief that Lowari Tunnel Project would expedite economic activities there, as it would create jobs for the local people as well.
Sources said that different foreign contractors have visited the site to study the formation of the mountains where the tunnel is being built. The completion period of the project is around three to four years.
The project would be completely funded by the government. However, NHA is planning to seek foreign assistance as well.
The tunnel would also provide access to Central Asian states making Pakistan a hub for economic activities.
During 1976-77, Frontier Works Organisation had completed about 2,000 foot of digging work on the tunnel from the southern side in collaboration with the Lowari Tunnel Organization. However, the project was later abandoned and put in cold storage.

Copyright Business Recorder, 2005

Comments

Comments are closed for this article.