BRT Loan Swelled to 92 Billion Yet to be Completed 

Muhammad Faheem

Peshawar Bus Rapid Transit an ambitious project initiated by PTI Government has so far guzzled up Rs 92 Billion, financed primarily by Asian Development Bank and Agency France Development. The project is still not fully finished. The government is yet to receive more than 12 billion loans after which the value of the loan for this project alone is likely to exceed 105 Billion Rupees. 

The foundation stone of BRT  was laid in October 2017 and was to be completed in 6 months at the cost of 67 billion rupees. The transit project has now been extended to be completed by December 2023. According to the document, 98% of the loan has been disbursed from Asian Development Bank while 63% has been disbursed from Agency France Development. The traffic In Peshawar has become a nightmare for private commuters as existing roads used to make way for BRT public transport may have improved for city dwellers but road congestion has been exacerbated.