"This project has strategic and socio-economic importance as it will provide the much-needed all-weather connectivity between Jammu and Kashmir and Leh Ladakh, which remains cut off during the winter due to heavy snowfall, and hence (the project) assumes national importance," Mhaiskar had said.
The scope of the project includes constructing approaches on NH-1 (Srinagar Sonmarg- Gumr-i Road) on design, build, finance, operate and transfer (annuity) basis.