Lahore Orange Line Metro Train Project BUSINESS CASE
Definition – Business Case provides justification for undertaking a project, program or portfolio Includes
Project Salient Sponsoring Agency - Transport Department ( GoP ) Implementing Agency - Punjab Metro Bus Authority Execution Agency - Lahore Development Authority (LDA) Operation & Maintenance - Punjab Metro Bus Authority 1 st Feasibility Study - MVA Asia Ltd, China (2007) Revised Feasibility - NESPAK, Pakistan (2014) PC-I Cost - USD 1.626 Bn (1 USD = 100 PKR) (Yr-2015) Duration - 2 yrs – 3 months (2015-17)
Objective Rapid mode of transportation that can provide safe reliable, comfortable and efficient public transport system Low cost transport to move people quickly and efficiently R educe traffic load on adjacent roads along the key roads, reduce traffic jam, noise and air pollution Create employment opportunities during and after the completion of the project
Description Cost Estimates Date of estimation of the cost was April 2015 Debt / Loan Foreign Loan by Exim Bank of China (USD 1.457 Bn ) Interest Rate - 3% Return Period - 20 yrs Annual Operating Cost From Govt of Punjab Covering Area Span 27.1 Km Elevate - 25.40 Km Underground - 1.72 Km