Islamabad: The Capital Development Authority (CDA) and the Public Private Partnership Authority (P3A) have announced their decision to engage transactional advisors for key projects, as reported on September 3.
Read: CDA backs E-Office system to streamline operations
According to details, CDA Chairman Muhammad Ali Randhawa outlined their commitment on Monday to improving both ongoing and upcoming initiatives in Islamabad. This collaboration will focus on major projects, including the development of the Jinnah Medical Complex and various commercial ventures. The P3A will provide critical support in crafting and assessing feasibility proposals, while the CDA seeks P3A’s technical expertise for joint ventures. This partnership is set to foster sustainable development and create a steady income stream for the city, marking a significant step towards Islamabad’s economic and infrastructural growth.
Read: CDA goes digital: Online building plan approvals to begin soon
With this alliance, the CDA and P3A aim to leverage their combined resources and knowledge to propel Islamabad into a new era of development and sustainability.