The chief minister was told that the proposal has provided a financing option under which private equity would be 16 percent and Sindh government would be 14 percent while there would be 70 percent loan. The board approved the project, saying that in case of price escalation the provincial government will bear 50 percent cost. The estimated cost of the project will be more than Rs 16 billion.
The TMTD has received an unsolicited proposal for intra-city buses in Karachi. Under the proposal up to 2,000 buses will be plying within two years on nominated routes at desired frequency as per direction of the department. The Sindh Mass Transit Authority (SMTA) will pay a fixed kilometre charge to the operator on the basis of achieving guaranteed minimum kilometres per year per bus. The chief minister was told that the project intends to compliment the BRT Lines and KCR by providing customers with the wider option of travelling to various destinations in Karachi.
The PPP board approved hiring of transaction advisors for feasibility study of the Intra-bus service in Karachi and approved funding for it from the project development fund (PDF). SMTA, in collaboration with the PPP unit, launched the Green and Orange Line Bus Operation Service Project invited proposal in which two bidders had participated. They were Daewoo Express Bus Service Ltd and A consortium of Transport Pvt.
After adopting the due procedure both the bidders were deemed qualified. The PPP board approved signing of concessional agreement with the preferred bidder. RBC- Sukkur and Jamshoro: With development assistance through KfW-German Development Bank, construction of four state-of-the-art regional blood centres were completed in Sindh in 2015.
The provision of these facilities involved civil construction, supplies of medical and non-medical equipment and office accessories. Under the agreement signed between Health department and KfW, the HD is responsible for operation and maintenance of facilities. All the board members, including Minister health Dr Sikandar Mendhro, Minister for Local Government Jam Khan Shoro, Minister of Information Syed Nasir Shah, MPA Awais Shah, Chairman P&D Mohammad Waseem, Principal Secretary to CM Sohail Rajput, VC NED Dr Suresh Lodhi and others were present.