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[Pakistan] Cost of Lowari Tunnel Project escalates by 475pc to Rs46 billion
During last 18 years, the cost of Lowari Tunnel project has escalated mainly due to delay in execution, shortage of funding and depreciation of Pakistan rupee.
[it has been implemented in 19 years 2 months]
cover tunnel photo by: Matt Brown from London, England / CC BY
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https://www.nation.com.pk/14-Sep-2022/cost-of-lowari-tunnel-project-escalates-by-475pc-to-rs46-billion
Cost of Lowari Tunnel Project escalates by 475pc to Rs46 billion
www.nation.com.pkISLAMABAD - The cost of Lowari Tunnel Project has escalated to Rs 46 billion which is 475 percent higher than the original PC-I cost approved in 2004. The original PC-I