Lahore Parking Plaza Projects Face Shortage of Funds

Lahore's Neela Gumbad and Nasir Bagh parking plazas face a funding shortfall of Rs.

Key points

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• Traffic Engineering and Transport Planning Agency (TEPA) authorities stated roughly 60% to 70% of the construction work had been completed.
• The Neela Gumbad and Nasir Bagh parking plazas are among the Punjab government's priority projects.

Lahore's Neela Gumbad and Nasir Bagh parking plazas face a funding shortfall of Rs. 800 million, putting their October 2026 completion deadline at risk.

Traffic Engineering and Transport Planning Agency (TEPA) authorities stated roughly 60% to 70% of the construction work had been completed. With the gray structures finished, work has moved to the finishing stage. Lahore's Walled City to Obtain Underground Wiring and New Parking Plazas.

Nevertheless, further funds are needed to place orders for imported items and complete the remaining finishing work at both sites.

According to authorities, TEPA has repeatedly written to the Punjab administration and Walled City authorities seeking the release of funds. Despite highlighting the urgency of the matter, the relevant departments have yet to provide the required funds.

Notably, the agency maintains that both plazas can still be completed within the scheduled deadline if funding is published promptly. Their timely completion now depends on securing the funds needed for the remaining work and purchases. Lahore Launches Crackdown on Wrong Parking and Encroachments Outside Hospitals.

Meanwhile, the Neela Gumbad and Nasir Bagh parking plazas are among the Punjab government's priority projects. Although construction has reached an advanced stage, the unresolved funding gap remains a hurdle to session the October deadline. Stay Connected with ProPakistani.

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Taken together, the developments around lahore Parking Plaza Projects Face Shortage of Funds point to a situation that is still moving, and the coming days should bring more clarity.