ISLAMABAD, October 28 2024: Annual revenue of the National Highway Authority has been increased by 100% from 64 billion to 110 billion rupees which is a historical and unique example in the income of any Government organization of the country. Moreover, at toll plazas revenue collection has also reached 64 billion rupees from rupees 32 billion which is another milestone regarding financial stability.
This was expressed by the Federal Minister for Communications, Privatization and Board of Investment Abdul Aleem Khan while presiding over a high-level meeting on the occasion of his visit to NHA Headquarters where he inspected the National Traffic Operation Center. On this occasion, Federal Minister Abdul Aleem Khan reviewed the traffic monitoring and control system on Motorways and directed to prepare a report daily on the revenue collection.
He expressed satisfaction that on the Lahore-Sialkot Motorway, 99% of vehicles have been shifted to avail M-tag facility. He directed that the camera monitoring should also be ensured from the number plate and sides of the vehicles and its data should also be available to the Secretary of Communications and Chairman NHA.
Federal Minister for Communications Abdul Aleem Khan directed to creation of awareness among the masses regarding the use of M-tag in the next 2 weeks so that more vehicles can benefit from this facility which saves time, prevents theft and reduces traffic pressure. Federal Minister Abdul Aleem Khan while talking to the Monitoring Officers during his visit to the control center asked for suggestions on which he said that the solution to the problems is to move the system maximum on automation.
While presiding over the high-level meeting, Federal Minister for Communications Abdul Aleem Khan said that the performance of the last 6 months in terms of revenue collection is encouraging which will help to make NHA financially independent and strong. He said that NHA employees should be given bonuses and financial rewards for record increases in revenue generation.
Federal Minister for Board of Investment, Privatization and Communications Abdul Aleem Khan conducted a follow-up meeting on investment with the Saudi Authorities. Federal Minister Abdul Aleem Khan and Assistant Minister on Investment of Saudi Arabia Ibrahim Al Mubarak held a video link meeting regarding the development of investment in Pakistan.
Both the Ministers discussed further strategies in light of the recent visit of the Saudi delegation to Pakistan while the advancement of investment matters was also reviewed. On this occasion, Federal Investment Minister Abdul Aleem Khan welcomed the positive response from Saudi Investment Minister Shaikh Khalid Bin Abdul Aziz Al-Faleh and discussed Pak-Saudi joint ventures and MOUs in various fields.
Saudi Assistant Minister for Investment invited Federal Minister of Investment Board Abdul Aleem Khan to the Expo being held in the Kingdom of Saudi Arabia on November 25 and 26. Speaking in the video link meeting, Federal Minister Abdul Aleem Khan said that he will ensure all possible cooperation with Saudi Arabia for investment in Pakistan and light of the recent visit of Saudi Minister Shaikh Khalid Bin Abdul Aziz Al-Faleh, the steps will be completed as early as possible to meet investment agenda.
On this occasion, the interest was expressed by the Saudi Authorities and it was agreed to continue the follow-up for the investment as well as to bring practical results. Ambassador of Pakistan to Saudi Arabia Ahmed Farooq also participated in the video link meeting and briefed about his input, so far. Federal Secretary of Commerce and Secretary Privatization Commission were also present in the virtual meeting.
