Finally, the long-awaited project of Rawalpindi Ring Road (RRR) has been inaugurated by Prime Minister Imran Khan on March 19. The project has opened new prospects of growth investments in “The Hash Mall” and “Hash Residency”. For investors who have been looking to put their money in the right commercial and residential projects, The Hash Mall is the best opportunity.
The ground-breaking ceremony was attended by PM Imran Khan and CM Punjab, Usman Buzdar along with other dignitaries. The mega project spans around 38.3 kilometers while covering several areas of Rawalpindi and Islamabad and linking them to motorway and GT road. The project bid was one by FWO (Frontier Works Organization) at the cost of Rs. 22.8 billion.
After several changes in the initial plans, developmental controversies regarding corruption and links to the private housing societies, and investigations on a higher level, the project design was cleared by RDA (Rawalpindi Development Authority) and other governmental institutions for bids. Many national and international construction companies bid for the project, but Frontier Works Organization won the project bid for offering the lowest cost.
The project will be a game-changer for the twin cities because of its importance in connecting the national highway (N5) through various areas to motorways (M2). Rawalpindi Ring Project (RRR) was initially designed to resolve the traffic problems inside Rawalpindi city and help to breakdown the gridlocks of major traffic accumulations. The project is funded by the Punjab government and RDA with contributions from the federal government as well. An estimated 9,000 kanals of land acquisition is in the process by the Punjab government and RDA at the cost of Rs. 4 billion. The project is estimated to be completed in the next two years. The completion of this mega project will help a great deal in solving the traffic congestion problems in the twin cities. Moreover, it will help connect various areas of the cities.
