Lahore Motorway

 The M-2 Motorway or the Lahore Motorway is a north–south motorway in Pakistan, connecting Rawalpindi/Islamabad to Lahore, and is the first motorway to have been built in South Asia. The M-2 is 375 km long and located entirely in Punjab. It continues on to eventually become the M-1 Motorway, which terminates in Peshawar. The M-2 crosses the junction of M-4 (to Faisalabad) at Pindi Bhattian. The motorway is also a part of the Asian Highway AH1.

One of the most expensive motorways in Asia, it also has the one of the highest pillared-bridges in Asia at the Khewra Salt Range section.

There are ten service and rest areas on both sides of the whole motorway, having facilities of Insta-fueling, Insta-Carwash, Insta-car repair and fast food restaurants such as KFC, McDonald's and Gloria Jean's Coffees among others.

In 2016, the entire motorway was re-carpeted and resurfaced - work that stretched over several months. New toll plazas have been installed on every interchange, and tolls are payable with a new M-tag system introduced in December 2021.

The M-2 was conceived by Prime Minister Nawaz Sharif in his first term (1990–1993). The contract was awarded to M/s Daewoo Corporation of South Korea on 30 December 1991 at a cost of Rs. 23.686 billion on a design-cum-construct basis. The original contract was for a four-lane facility.

Daewoo provided a loan of $379 million as supplier’s credit at Libor plus one interest to meet 40 per cent of the project cost, r payable in 21 semi-annual equal instalments. The loan was revised to $654 milliotion touched $702 million.

The motorway was inaugurated on November 26, 1997, during Sharif's second term. In late 2006, upgrades were made to the portion of the M-2 passing through the Salt Range due to increasing complaints of drivers. The upgrades included better marking of the road lines and increased size of road signs for easy visibility. In 2016, the M-2 motorway was resurfaced for a smooth and safer drive.

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CommSec Pocket Review

  

CommSec Pocket Review: Best Australia’s Micro-Investing App | Moneyjacks

What is CommSec Pocket Review?

Well commsec pocket review is a micro- investing platform or so called pocket app where people can invest in very small amounts and it is a very safe and easier investing platform created by Commonwealth bank of Australia in 2017 under the name of commsec pocket app.

CommSec Pocket Review

Australian investors can start their investing journey through this pocket app by simply investing minimum $50 AUD. Investors can trade ETFs of 7(Seven) different type- we will talk more about this, further in this article. ETFs means one stock of 10-20 or 100 stocks collectively as well as stocks in ETFs are sorted according to one category like tech stocks, mining stocks, healthcare stocks and so on.

Main idea for the development of commsec pocket app is to give chance to those people who don’t have much money to invest in share market or they are totally brand new to investing. In comparison with normal commsec app, commsec pocket app is way cheaper to afford

How does commsec pocket app operates/ works?

1.      Simply, user need to register on commsec pocket app and create their unique username and password then they need to login in the app. Then user will have around 7 options of ETFs to choose from.

2.      User can choose any type of of ETFs for starting their investing journey according to the price of ETFs which fits in their budget.

3.      After selecting desired ETFs option user can pay their fees and the amount for ETFs.

4.      As soon as payment got cleared, number of ETFs will start reflecting in commsec pocket app account.
Finally….woohooo…. User is no more user … He/She is now a Investor.

Features of commsec pocket

●        Investment can be done automatically using a direct debit service in app.

●        Over 6 ETFs to choose from as a starting investment.

●        It is CHESS sponsored app which gives an ultimate level of security to the investments of investors.

●        Brokerage is very less if investor invest over $1000 AUD.

●        Commsec pocket maintenance fees is very low even in some conditions its totally free.

What is Commsec pocket Fees?

Well commsec pocket fees is very reasonable, lets live more in actually figures. If investment is under $1000, Commsec pocket only charge $2AUD per trade or purchase of selected ETFs. On the other hand, If investing amount is over $1000, Commsec charge 0.2% of investing amount invested by an investor.