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Punjab approves signal-free corridor to connect Lahore's Gulberg with Islamabad Motorway

11:32 AM | 5 Mar, 2022
Punjab approves signal-free corridor to connect Lahore's Gulberg with Islamabad Motorway
Source: China-Pak Economic Corridor - CPEC (Facebook)

LAHORE – The government has approved a mega development project in the capital city to construct a signal free corridor from Gulberg area to Lahore-Islamabad Motorway.

The project, with estimated cost Rs61 billion, will help reducing traffic congestions in Lahore where population continues to grow. It will be spearheaded by the Lahore Development Authority (LDA).

The development work on the 10.77 kilometer-long signal-free road is expected to be kicked off this year and it will be used by around 73,000 vehicles in single day.

The corridor is consisted of three sections with stretch-A covering 4.28kms, B 2.13kms and C 4.36kms, according to Zameen.com.

The stretch A will start from Babu Sabu to Multan Road while the ending point of the second part wil be LOS Road. The stretch-C will connect Ferozepur Road to Main Boulevard Gulberg.

A report released by LDA said that the signal-free corridor would connect Main Boulevard, Canal Park, Shadman, Shama Chowk, Chaudhry Colony, Toheed Park Bridge, Gulshan Ravi, Moon Market and Bund Road with the Babu Sabu Toll Plaza at the Lahore-Islamabad Motorway, it added.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 23 May 2024

Pakistani currency rates against US Dollar and other currencies on May 23, 2024 (Thursday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.25 for buying and 280.25 for selling.

Euro moved down to 297 for buying and 300 for selling while British Pound rate is 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal came down to 73.45.

Today’s currency exchange rates in Pakistan - 23 May 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 277.25 280.25
Euro EUR 297 300
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.2 75.95
Saudi Riyal SAR 73.45 74.2
Australian Dollar AUD 183 184.8
Bahrain Dinar BHD 740.52 748.52
Canadian Dollar CAD 203 205
China Yuan CNY 38.51 38.91
Danish Krone DKK 40.52 40.92
Hong Kong Dollar HKD 35.68 36.03
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 903.3 912.3
Malaysian Ringgit MYR 59.39 59.99
New Zealand Dollar NZD 170.11 172.11
Norwegians Krone NOK 25.92 26.22
Omani Riyal OMR 723.46 731.46
Qatari Riyal ‎QAR 76.42 77.12
Singapore Dollar SGD 203 205
Swedish Korona SEK 26.02 26.32
Swiss Franc CHF 305.97 308.47
Thai Bhat THB 7.67 7.82

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