Islamabad: Prime Minister (PM) Imran Khan on Wednesday (December 15) was briefed about the PKR 100 billion investment expected in Central Business District (CBD) in the first year, according to media reports.
As per the details, the meeting attendees were briefed that the work on CBD and Ravi Riverfront Urban Development (RRUD) projects is progressing at an expedited pace and land acquisition is near completion. PM Khan, while chairing a meeting on Ravi Urban Development Authority (RUDA) and CBD, ordered to speed up the lands’ transfer process for the projects. He went on to emphasise that the urban development projects were started for investment purposes.
PM Khan added that the projects will improve the socio-economic conditions of the locals. The attendees were also informed that the 1,900 low-cost housing units were part of the master plan of the RRUDP.
Moreover, the PM stated that the government has started to use dead capital for earning revenues. Sharing details about the CBD project, PM Khan disclosed environmentally-friendly materials will be used for development work.
The said meeting was attended by Chairman Naya Pakistan Housing & Development Authority (NAPHDA) Lt. Gen. (R) Anwar Ali Haider, Special Assistant to Prime Minister (SAPM) Dr Shehbaz Gill, Minister Information Fawad Ahmed, Chief Secretary Punjab Kamran Ali Afzal, Advisor Finance Shaukat Tarin, and other senior officials.
Iqra holds BS in International Relations and is passionate about writing engaging content on trending real estate topics. When not working, she is either spending time with family, shopping, or discussing shows & movies.
