AIRLINK 74.00 No Change ▼ 0.00 (0%)
BOP 4.99 Decreased By ▼ -0.03 (-0.6%)
CNERGY 4.45 Increased By ▲ 0.03 (0.68%)
DFML 39.70 Increased By ▲ 0.50 (1.28%)
DGKC 86.70 Increased By ▲ 0.61 (0.71%)
FCCL 21.64 Decreased By ▼ -0.01 (-0.05%)
FFBL 34.03 Increased By ▲ 0.02 (0.06%)
FFL 9.81 Decreased By ▼ -0.11 (-1.11%)
GGL 10.69 Increased By ▲ 0.13 (1.23%)
HBL 113.50 Decreased By ▼ -0.39 (-0.34%)
HUBC 136.75 Increased By ▲ 0.91 (0.67%)
HUMNL 12.32 Increased By ▲ 0.42 (3.53%)
KEL 4.76 Decreased By ▼ -0.08 (-1.65%)
KOSM 4.52 Decreased By ▼ -0.01 (-0.22%)
MLCF 38.20 Decreased By ▼ -0.07 (-0.18%)
OGDC 136.90 Increased By ▲ 2.05 (1.52%)
PAEL 26.02 Decreased By ▼ -0.33 (-1.25%)
PIAA 19.24 Decreased By ▼ -1.56 (-7.5%)
PIBTL 6.75 Increased By ▲ 0.07 (1.05%)
PPL 122.85 Decreased By ▼ -0.15 (-0.12%)
PRL 27.25 Increased By ▲ 0.56 (2.1%)
PTC 14.29 Decreased By ▼ -0.04 (-0.28%)
SEARL 57.91 Decreased By ▼ -1.21 (-2.05%)
SNGP 68.17 Decreased By ▼ -1.33 (-1.91%)
SSGC 10.35 Increased By ▲ 0.02 (0.19%)
TELE 8.45 Decreased By ▼ -0.05 (-0.59%)
TPLP 11.22 Decreased By ▼ -0.01 (-0.09%)
TRG 64.11 Decreased By ▼ -0.74 (-1.14%)
UNITY 26.58 Increased By ▲ 0.33 (1.26%)
WTL 1.32 Decreased By ▼ -0.02 (-1.49%)
BR100 7,869 Increased By 18.4 (0.23%)
BR30 25,367 Increased By 30.3 (0.12%)
KSE100 75,387 Increased By 180.6 (0.24%)
KSE30 24,232 Increased By 89.2 (0.37%)

ISLAMABAD: The toll tax rates for the Lahore-Islamabad Motorway (M2) have been increased by 10 percent, applicable from Saturday (today).

The National Highways Authority (NHA) has issued a notification, saying that the Authority has signed a concession agreement with M/s Motorway Operations and Rehabilitation Engineering (Private) Limited (a subsidiary owned by FWO) on 23rd April 2014 for the overlay and modernization of Lahore-Islamabad Motorway (M-2) on BOT basis for a period of 20 years and in accordance with that, escalation at 10 percent in toll rates will be implemented from 2nd operational year.

The following toll rates will be applicable from 26th August 2023 to 25th August 2024.

According to an official notice, the new rates will be as follows: Car/jeep/pickup at 3.07 per km toll rates (Rs 1,100), wagon at 5.15 per km toll rates (Rs 1,840), coaster at 7.22 per km toll rates (Rs 2,590, coach at 10.29 per km toll rates (Rs 3,690), truck at 13.39 per km toll rates (Rs 4,800), and trailer at 17.22 per km (Rs 6,170).

Copyright Business Recorder, 2023

Comments

Comments are closed.

Muhammad Kashif Aug 29, 2023 05:15pm
The increase in toll tax will surely contribute to inflation. Increase in toll tax and expensive fuels both will agonize the ordinary people of Pakistan who're already bearing the brunt of financial problems.
thumb_up Recommended (0)