Lahore: The Lahore Development Authority (LDA) informed the government that the vacant lands near the Metro Bus route and Orange Train will be utilised to develop multi-story buildings, news sources reported. The project’s revenue will be utilised to subsidise public transit.
Read:LDA to enact amended Private Housing Schemes Regulations According to the authority’s plan presented to the P&D Board, after conducting a survey they have identified 1,400 kanals of unused land along the Orange Train track and 800 kanals of government land along the Metro Bus route. The authority also informed the Advisor to the CM Dr Salman Shah about the project, and he directed LDA to undertake added research on the project’s feasibility.
Read:Lahore Metro Bus service contract renewed at 43% lower rate Reportedly, plans are being made to repay a PKR 165 billion loan obtained from China for the Orange Line train, however, the one instalment has reached PKR 15 to 16 billion. The payment of the Orange line train has increased in the current fiscal year due to the provincial government’s internal and external debt servicing. The Orange Train, on the other hand, has consumed 97% of Punjab’s transportation development budget.
Nauman Ahmad is an imaginative Pisces whose love for literature and nature is unparalleled. When he's not reading or hiking, he's sleeping and eating, which gives him plenty of energy for his next adventure.
