Construction of 40 kilometers Expressway from Chakdara to Mingora
Considering the length and diversity of CPEC routes, it is imperative to develop a definite and unobstructed infrastructure so as to; maintain the momentum of traffic on both the sides. Many of the province's natural resources are situated near the main CPEC artery. Efforts are underway at the provincial level to improve road quality for the efficient management and un-interrupted flow of freight traffic on the envisaged CPEC routes.
This part of province possesses diverse tourist attractions, rich cultural heritage, centuries-old civilization, beautiful natural resources, scenic locations, sites for adventure and winter tourism, all of which are complemented by international price competitiveness. The total economic impact from tourism only from this area was calculated to be Pak Rs. 4.26 billion annually. The strategic location make this project more prominent to be used as alternate CPEC route due to shorter approach to Burhan intersection. The route will connect two important economically viable districts of Khyber Pakhtunkhwa.
The feasibility study of the proposed project has been conducted wherein the cost of 40 kilometers road has been calculated as Pak Rupees 32 billion with 18 months completion time. The blacktopped road with 3 meter outer and 1 meter inner shoulders road is designed for 100 to 120 kilometers per hour vehicular speed. The proposed road can generate millions of rupees per year from toll tax besides promoting tourism industry. Skilled, semi skilled and unskilled workforce is adequately available in the project area.
The project provides an opportunity for the donoragencies / investors for investment and to recoup the capital investment with profits. It can be executed through preferably Public Private Partnership both the parties. The project is open for all the state-owned, state-supported and private entities having minimum turnover of US $ 1 billion.
The government of Khyber Pakhtunkhwa will facilitate investors for interaction with relevant agencies and is committed to partner with the investor by providing all basic infrastructure in execution of project. The investors friendly security situation already prevails in the province.