ISLAMABAD:
A Chinese-led consortium has said that any delay could pose a risk to the Asian Development Bank's (ADB) concessionary financing for the Rs146 billion N-55 expansion project as it may potentially make the project financially unviable in the future due to rising costs.
The consortium is all set to build the much-anticipated additional carriageway on the Indus Highway (N-55) between Rajanpur and Dera Ismail Khan. The Rs146 billion project, funded under the ADB's Central Asia Regional Economic Corridor programme, will help ease congestion, enhance safety and strengthen regional trade linkages.
Speaking to The Express Tribune, Imdadullah Khan, the spokesperson for the consortium, which is the successful bidder, said that their team had been "fully mobilised" to deliver the projec