Punjab Chief Minister Sardar Usman Buzdar on Saturday has approved the Rawalpindi Ring Road project which will take Rs 50 billion to complete.

Usman Buzdar said the mega project will solve traffic problems in Rawalpindi and boost economic activities.

He directed the authorities to determine a timeline of the project and to speed up the work.

The provincial government will provide full support to the project, the CM said while adding that implementation over the determined timeline must not face any delay.

Approval in principle was also given to appoint transaction advisers for ten other projects in a meeting of the public-private partnership policy and monitoring board.

The CM directed to minimize the processing time of the PPP projects.

The provincial government will start development work on Sheikhupura-Gujranwala road in coming days, Usman Buzdar said.