Local Government Department ("LGD"), Government of Sindh intends to develop the Malir Expressway which will be a 4-lane dualized expressway along the Malir River from Hino Chowk near KPT Flyover to Karachi–Hyderabad Motorway (M-9) near Kathore via link road. The total length of the Malir Expressway will be 39.3 km. The proposed expressway will provide a new southern alternative route for carrying port traffic and traffic from industrial areas to main highways. The Expressway will provide speedy access to key real estate schemes along the route, reducing commuting time from KPT Flyover to Super highway (M-9) to only 25 minutes.
The project has been structured on a Design, Built, Finance,
Operate & Maintain and Transfer (DBFOT) arrangement with a
concession period of 28 years (which includes 3 years of
construction and 25 years of operations and maintenance).
During the concession, the private party will be responsible for:
Local Government of Government of Sindh (GoS) in Collaboration with Public Private Partnership (PPP) Unit, organized first ever 'Investor Conference' on Thursday 01 March at Movenpick Hotel in Karachi to showcase its upcoming mega road project 'Malir Expressway'.
The conference was attended by leading local and international business groups, banks, non banking financial institutions and construction companies.
Mr. Khalid Mehmood Shaikh, DG PPP Unit reiterated the desire of GoS to develop Malir Expressway, which is expected to be the biggest PPP project undertaken so far in Sindh. The Project will develop a 4-lane dualized expressway along the Malir River and will serve as a new southern alternative route. The total length of the project is 39.3Km and it will reduce the travel time to 25 minutes only.
The consultants for the project briefed the audience in detail about the Technical, Legal and financial aspects of the project and responded their queries related to the project.
The participants showed keen interest in the project and appreciated GoS for providing an equal opportunity, for the first time, to the financial investors to lead infrastructure projects, which otherwise was only confined to the construction industry.