Peshawar: Khyber Pakhtunkhwa Finance Minister Muzamil Aslam said on Tuesday that the Bus Rapid Transit (BRT) project is incurring an annual loss of $4 billion due to incomplete construction and fare subsidies.
He said that currently the BRT project is running a deficit and has directed the Peshawar Development Authority (PDA) to speed up the construction work at Chamkani and Hayatabad shopping malls to increase revenue.
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According to an official document of Trans Peshawar, the government has incurred a loss of more than $300 million due to the incomplete development of the commercial area and further delays may affect the project.
