BENGALURU: The Peripheral Ring Road (PRR) project, aimed at decongesting the city’s traffic in a big way, will be ready in three years if the fresh move to implement it through an Israeli infrastructure-cum-funding agency comes through. A specialised technology will be followed in laying of roads which will ensure that the project is completed by August 2024, said a senior official of the Bangalore Development Authority, which is implementing the project.
Israeli private concern Symba Maz has come forward to fund the 73-km project with eight lanes plus four service lanes, which has now escalated to cost Rs 21,250 crore. The construction cost has also shot up to Rs 5,750 crore. “The increase in cost because of two minor additions we have incorporated in the original 65.5-km project which pushed it by an additional 7.5 km,” the official added.
