ADB: LDA to finance the Gulberg Elevated Expressway
Lahore Development Authority (LDA) Director General (DG) Amir Ahmad Khan said on February 15 that the Asian Development Bank (ADB) will pay for the Gulberg Elevated Expressway project.
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The director general said this after meeting with a four-person ADB delegation to talk about the project’s scope and the different ways to pay for it. DG Amir said at the time that the Gulberg Elevated Expressway will be the city’s most important project.
The project’s goals, according to LDA DG Amir, are to improve traffic flow in a busy part of Lahore and connect traffic to the city’s entrances and exits. LDA Chief Engineer-I Israr Saeed Khan also told the group about the project’s design and how it might affect the environment.
It is important to remember that Project Concept 1 (PC-1) for the Gulberg Elevated Expressway project was approved in 2020. The 10.5-kilometer track will cost PKR 85 billion and will connect Gulberg Main Boulevard to the Lahore-Islamabad Motorway (M-2). It will go around Shadman, Samanabad, Ferozepur Road, and Gulshan Ravi.