Thursday, April 29, 2010

US inaugurates $25m Peshawar Ring Road

The United States has started a $25 million project to reconstruct 25 kilometres of the Peshawar Southern Ring Road to strengthen security and generate greater trade opportunities.The project was inaugurated by the US Ambassador to Pakistan, Anne Patterson, at a function in Peshawar early this week, the State Department said yesterday.The project, overseen by the State Department's Bureau for International Narcotics and Law Enforcement Affairs (INL) in close cooperation with the Government of Pakistan, will provide USD 25 million in upgrades to the important provincial thoroughfare for the purpose of strengthening security and bolstering economic development, it said.The inauguration of the Peshawar Ring Road project follows the signature of a Letter of Intent between Deputy Secretary of State Jacob J Lew and Pakistan's Finance Secretary Salman Siddique on March 25, as part of the US-Pakistan Strategic Dialogue.The Ring Road will be widened and improved from two lanes to three lanes, including construction of service roads, green belts, centre medians, and drainage on both sides.The refurbished road will also include a bypass of the Hayatabad residential area and a transit link to the Matani bypass road, the construction of which the US is currently supporting."The new Ring Road will ease traffic between Charsadda and Hayatabad, improve security, and generate greater trade opportunities," Patterson said."We are proud to partner with the Government of Pakistan to deliver this vital infrastructure that will benefit the citizens of Khyber-Pakhtoonkhwa and the Federally Administered Tribal Areas," she said.

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