Agreement between Pakistan, France not to affect cost of BRT: PDA

PESHAWAR: Peshawar Development Authority has clarified that the agreement reached between Government of Khyber Pakhtunkhwa and France would not affect the cost of Bus Rapid Transit Project.

Spokesman for PDA said that according to reviewed PC I of BRT total estimate of the project was 66 billion rupees and Asian Development Bank (ADB), France Development Agency (FDA) and KP government is providing the amount.

ADB is providing 335 million dollars, FDA 130 million Euros while KP government is providing the remaining amount.

The new agreement was already concurred that was being implemented now after completing needed formalities while PC I was being reviewed to acquire the loan, informed PDA spokesman.