Its about time that they got involved in this project. It was initially developed by the IMC and then handed over to the IDA. The condition of this road got so bad due to negligence that commuters could barely pass through it.
Actually the IMC is doing this now to score points in the Global Investor Summit. They are hoping that with the new repaired eastern Ring Road they will be able to generate some investment interest over here.
Yes, there is actually. Why are you asking ? Are you planning on investing here soon? Because currently there is a lot of problems on this eastern part of the ring road. That's why they are going to try and repair this place.