The CDA will spend Rs55bn on Islamabad development projects, the PM said | Instant News

Prime Minister (PM) Imran Khan was informed on Thursday that the Capital Development Authority (CDA) will utilize the Rs55 billion raised through auctions conducted in July and September, for various development projects in Islamabad.

This was informed during the weekly meeting of the national coordination committee for housing, construction and development held here with the prime minister as chair.

Minister of Information and Broadcasting Senator Shibli Faraz, Governor of Sindh Imran Ismail, Special Assistant to PM Malik Ameen Aslam, Lt. Gen. (R) Asim Saleem Bajwa and Dr Shehbaz Gul, Governor of State Bank Reza Baqir, Chairman of the Pakistani Housing Authority Lt Gen (right) Anwar Ali Haider and other senior officials were also present at the meeting, while the chief secretary joined via video-link.

The CDA chairman briefed the prime minister on ongoing construction projects in the federal capital, the previous two auctions, progress on rewriting the Islamabad master plan and steps being taken to promote construction activities, including CDA automation.

It was informed that various projects, including the Enclave Park Bridge, Burma Bridge, G-7 and G-8 underpasses, various pedestrian bridges and additional block construction at the Capital Hospital have so far been completed.

During the meeting, it was told that in order to meet the needs of clean water in the twin cities of Rawalpindi and Islamabad, the water supply project from Ghazi Barotha has started, in addition to the consideration of the Rawat-Bhara Kahu Ring Road construction project.

Also briefed on steps being taken to protect green areas in the Federal Capital.

Chief Secretary Sindh said during the meeting that 19 projects for construction on an area of ​​3.8 million square feet had been approved, while the approval process for construction projects on an area of ​​4.2 million square feet was underway.

The Chief Secretary of Punjab said at the meeting that a construction project in an area of ​​7.49 million square feet had been approved, while an approval for a construction project in an area of ​​12.07 million square feet was in progress, which would be completed within the stipulated time.

About the Lahore Metro Project, the meeting was told that despite the increase in the dollar exchange rate, the current provincial government has saved Rs60 per kilometer in the new agreement, which will help save Rs8 billion.

The prime minister expressed satisfaction over a better deal made by the Punjab government and said the current government is committed to ensuring transparency in agreements and the appropriate use of public money.

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