For the Rawalpindi Ring Road (R3) project, the Punjab government has allotted Rs. 4 billion in order to pay off its debt by the end of the 2023–2024 fiscal year.
In order to guarantee that the project is completed by December in accordance with the deadline, Commissioner Aamir Khattak announced that more funding will be distributed in the upcoming fiscal year.
After purchasing the land, Punjab set up Rs. 7.8 billion for the development of the Rawalpindi Ring Road in the current fiscal year. The Planning and Development Department has given its approval to the updated project. Approval from the ECNEC and the Central Development Working Party is also anticipated shortly.
In the next fiscal year, Khattak also announced the opening of two more projects: the enlargement of Kutchery Chowk and the construction of a signal-free corridor from Ammar Chowk to Pirwadhai Mor.
It is important to note that the Rawalpindi Ring Road (R3) project is now going to cost Rs. 38 billion instead of Rs. 31 billion.
Adiala Road, Chakri Road, Baanth, Chak Beli Khan, Thalian, and Thalian are the five interchanges along the 38.3-kilometer project that runs from Baanth (G.T. Road) to Thalian (Motorway).
Around the Ring Road, an industrial zone will be established. Designated to travel at 120 km/h, the road will have six lanes and regulated access.
Read more: 38.3-Km Long Rawalpindi Ring Road To Have 5 Interchanges
An innovative infrastructure project, the Rawalpindi Ring Road (RRR) aims to improve connectivity and reduce traffic in Rawalpindi and the surrounding areas. Let’s examine the advantages of this noteworthy advancement:
- Reducing Traffic Congestion:
The Ring Road intends to reduce traffic congestion and enhance Rawalpindi’s overall traffic flow by rerouting heavy traffic away from the city centre.
Currently, the Grand Trunk (G.T.) Road and motorways are the main points of entry for traffic into the city, causing congestion and other issues. The RRR will give travellers travelling from various cities, particularly in northern Punjab, a more direct and expansive path. There will be much less traffic because people will use the Ring Road rather than the city’s main thoroughfares.
- Enhancing Connectivity:
The Ring Road will facilitate easier access to Islamabad and other important places by offering seamless connectivity to major highways and motorways.
Its length is roughly 38.8 kilometres, and its several lanes facilitate more efficient traffic movement. Further enhancing connectivity will be a bypass that connects the Ring Road directly to the motorway.
- Promoting Economic Growth:
It is anticipated that better infrastructure will attract investment, promote economic growth, and strengthen the local real estate market.
The nation’s economy depends heavily on the RRR, which benefits both citizens and companies.
- Access to Housing Societies:
Access to several housing societies that are being developed outside of the city will be made convenient by the Ring Road.
The shorter commuting times and better access to the airport and main highways will be advantageous to the residents of these communities.
The Rawalpindi Ring Road is expected to improve the region’s transport system’s efficiency, boost economic growth, and increase mobility. Residents and investors will benefit from its enhanced connectivity and increased property values.