Feasibility Study & Transaction Advisory Services for Development of Malir Expressway Project Phase-I, Under PPP Mode
Country:
Pakistan
Location within Country:
Karachi
Name of Client:
Karachi Development Authority (KDA)
Completion Date:
Ongoing (Expected date: end of 2026)
Name of Associated Consultants, if any:
FERGUSON on lead with Exponent, NHS, EMC.
Narrative Description of Project:
Malir Expressway Project Phase-I, which is planned to be developed under the Public-Private Partnership (PPP) mode. This significant infrastructure project involves the construction of a new elevated 4-lane expressway, connecting the Karachi Port (East Wharf) with the Malir Expressway – Jam Sadiq Interchange. The project is intended to reduce traffic congestion, provide a seamless, obstacle-free route for the transport of goods from the port to industrial areas of Karachi as well as up country. The project aims to provide a solution to these challenges by creating a 12.5 km (approx.) direct connection between Karachi Port and under construction Malir Expressway Phase II.
Description of Actual Services Provided by Our Staff within the Assignment:
1. Conduct Technical, Financial, Legal due diligence relating to the Project;
2. Review of Unsolicited Proposal for the project submitted by the Concessionaire;
3. Review existing roads alignments and perform surveys relating to drainage (manually & through drones), topographic, existing infrastructure (bridges, culverts, drains, retaining walls, etc.) and pavement structure, traffic, utilities, socio-economic and environmental, and customers (road users) willingness and capacity to pay;
4. Outline design parameters covering all the facilities and propose viable options along with features after ground appraisals of Projects’ locations following the industry’s best practices and other applicable standards;
5. Prepare utilities folder(s) along with estimated relocation/ strengthening of existing utilities in coordination with the relevant utility stakeholders;
6. Carrying out preliminary design (geometric & structural) for the entire project alignment along with cost estimates;
7. Input to financial & legal teams for the development of financial model and bidding documents respectively;
8. Prepare the Projects detailed plans based on the feasibility assessments;