Lahore: The Lahore Development Authority (LDA) has decided to undertake three mega projects in the city that include a high-rise tower on Jail Road, luxury apartments and an amusement park at the Finance and Trade Centre (FTC) in Johar Town.
The high-rise tower will be called as LDA Tower and it will be built on an area of 11 kanals opposite to the EFU House on Jail Road. Luxury apartments will be developed on 8.4 acres of land at the FTC. The amusement park will also be developed at FTC on an area of 9.2 acres. This park will feature a golf course, ferries wheel, roller coaster and other state of the art joy rides.
LDA plans to execute these projects by partnering with private developers in a joint venture arrangement under Management and Transfer of Properties by Development Authorities Ordinance, 2014. In this regard, the authority has invited expression of interest (EOI) by the developers.
