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Sir Aga Khan Jhirk Mulla Katiyar Bridge - JMK

PROJECT BRIEF

Approximately 1.7kms Bridge Over River Indus
Concession Period 25 years
Project Cost PKR 4.5 Billion
Operation since February 2017
25km road & 1.2km bridge


PROJECT DESCRIPTION

Realizing the importance of developing better road network and to provide boost to economic development of the Sindh Province, the Works and Services Department in associated with Public Private Partnership launched the Jhirk Mulla Katiyar Bridge (JMK) Project over River Indus. Government of Sindh envisaged a new route to connect existing roads of interior Sindh with a vision to provide a corridor which is perpendicularly cutting all big arteries and providing them direct access to N5 and subsequently to M9. The main objective of this project was to create a vertical access to northeast from Jhirk crossing overhead River Indus to Tando Mohammad Khan-Bathoro Road, which is the scope of this project. But the larger economic benefit of this project is linked with connecting this corridor with straight line to Canal Road 24.5 km, taking it further down to Pir Ali Mardan Road 28 km, Matli Road 37.5 km and Chanbar-Ghulam Ali Link (59.5 km in total from Indus River). But the scope of this project is strictly limited to developing a bridge over River Indus (approximately 1700 meters) and connecting this link to T.M.Khan-Mirpur Bhatoro Road (approximately 25 km).

In response to Request For Proposal (RFP) issued by the Government of Sindh, three (3) firms namely (1) M/s Electric Services, (2) M/s NKKE and, (3)M/s Deokjae Construction submitted their proposals. After the detailed evaluation of bids, Technical and Financial Evaluation Committee (TFEC) for the project presented their recommendations to PPP Policy Board. The PPP Policy Board in the 7th meeting held on 15th May 2012 approved to award the Concession for Jhirk Mulla Katiyar Bridge Project to M/s Al-Jasr Pakistan (Pvt) Ltd. (Special Purpose Company incorporated by M/s NKKE - Preferred bidder) for the subject project.

The Project is in construction phase which is expected to be completed by end of December, 2016. The concession period for the project is 27 years (including 2 years of construction and 25 years of operations & maintenance).

PROJECT FINANCING

DBFOT Debt:Equity = 75:25

SOCIAL IMPACT OF THE PROJECT

This project was undertaken to cater to The government's vision to expand and improve The functionality of national highways and motorways. 2. This project aims to improve traffic flow between major cities of Sindh and facilitate The growth of commercial activities.

TRANSACTION ADVISOR

Haidermotabnr & Co. (HMCO)

CONCESSIONAIRE

Al-Jasr Private Limited

CURRENT STATUS

Substnatial Completion

DEPARTMENT

Works & Services Department

LAST UPDATE ON:

30-Nov--0001

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