Multan: The Pakistan Railways recently formulated a policy to lease 4,685 acres of land (excluding the land being used for operational purposes) for commercial use, according to news sources.
As per this drafted policy, the 4,658-acre railways land, in association with a private entity, will be leased out for 30 years to various projects. The Pakistan Railways owns 167,690-acres of land across the country, out of which 126,426-acres of land is currently being used by the department, while 13,000 acres of land has been leased out to various other government entities. The Railways has created a policy to use the remaining land for commercial use.
The
new policy draft suggested that the vacant land should be leased out under
public-private partnership for joint ventures with private entities. The
railways will provide the land, while the development will be funded by the
private firms; with profits being divided among the two parties.
Hazafa reveres the art of writing and has been turned into a property enthusiast by profession. Her daily survival kit includes; tea, coffee, keyboard and paperbacks.
me want land on lease for my Hijab Girls college please send me detailed documents