Lahore: Lahore Development Authority (LDA) Director General (DG) Mr Ahmad Aziz Tarar approved a budget of PKR 6.34 billion for 282 ongoing and new building and development projects in the city, according to news sources.
Read: LDA governing body approves development budget for FY 2021-22
The decision to release funds was made in order to minimise the non-utilization of funds during the current fiscal year 2021-22. According to reports, the Chief Engineer will be personally liable for the future insufficiency of funds. Reportedly, LDA was only able to utilise 22% of the funding in the last fiscal year.
With the release of funds, development works will be completed on schedule. The details about the projects are as follows:
• PKR 128 million has been provided for the completion of key development programmes
• Over PKR 910 million has been granted for the area development programme
• PKR 240 million has been allocated for the EME Directorate
• PKR 440 million for the Buildings Directorate
• PKR 4 billion has been authorized for the development work of the LDA City Project
• PKR 370 million for various road maintenance and development projects.
• PKR 30.76 million has been allocated for the restoration of roadways in the PP-168 neighbourhoods of Haji Park, Umar Park, and Mayo Colony
• PKR 30.27 million has been approved for road rehabilitation and patching in Gulshan Colony, Niazi Chowk, and Gawala Colony.
Read: Lahore master plan will be finalised in consultation with LCCI: LDA VC Imran
Among the projects is the Gulberg sewage pipeline project, which has a budget of PKR 80.90 million. The sewage system will be built to meet the demands of the area’s growing multi-story structures. The coverage region will include Gulberg J Block I, J Block Gulberg III, and C3 Block Gulberg III.