February 25, 2021
Rawalpindi Ring Road will be an economy generator

Rawalpindi Ring Road will be an economic generator according to RDA

Chairman Tariq Mehmood Murtaza of the Rawalpindi Development Authority (RDA) reviewed the progress of the Special Economic Zones (SEZs) to be developed along with the Rawalpindi Ring Road (RRR) project while chairing a meeting. The long-awaited Rawalpindi Ring Road Project will soon be completed, a scheme that is the harbinger of a new age of growth and prosperity in the city. The land survey for the 40 kilometer long Rawalpindi Ring Road track has recently been completed by the administration, while the land identification for the project has also been completed. The Economic Zone comprising an oil refinery, petroleum, engineering, IT parks and residential areas has been agreed to capitalize on the ring road project. The Chairman of the Rawalpindi Development Authority (RDA) was of the opinion that the ring road project would provide these economic zones with market connections and generate alternative business opportunities for the business community. In addition, the Rawalpindi Ring Road (RRR) project is also said to increase the reach of the China Pakistan Economic Corridor (CPEC). It was reported in the published report that the RRR will help the CPEC by linking it to the Hakla-DI Khan (M14) Interchange and will create more zones, including Industrial Estate II, Logistic Hub II, Dry Port, warehouse and truck terminals. In the recent past, the importance of the Rawalpindi Ring Road has increased because, apart from easing urban traffic, it can generate economic activity.

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