Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
CDA approves four projects worth Rs 34 billion
04-09-2015, 04:19 PM
Post: #1
CDA approves four projects worth Rs 34 billion
SLAMABAD: The Capital Development Authority Development Working Party (CDADWP) on Wednesday approved PC-1s of four mega projects worth Rs34 billion.

These development projects are of immense importance. ‘Project Cost-1’ (PC-1) of these mega projects has been approved during the 36th meeting of CDADWP held here at CDA headquarters on Wednesday. The meeting was presided0-over by the CDA Chairman, Maroof Afzal. On this occasion members of the CDA Board, senior officers of Planning and Development Division, Cabinet Division and senior officers of the authority including Director General Works, Director Planning and Evaluation were also present.
PC-1 worth Rs 21.814 billion was approved for the ‘signal free / controlled access corridor of Islamabad Highway from Zero Point Interchange to GT Road”. Under the project, five lanes each would be constructed on both sides of Islamabad Highway from Zero Point to Rawat. Two major interchanges, underpasses and T-Junction would also be constructed on 24 kilo meter long Islamabad Highway. While service roads on both sides of Islamabad Highway would also be expanded. Islamabad Highway being inter provincial route facility is of great importance, which facilitates the traffic flow from Punjab and other parts of the country. Due to expansion of Islamabad Highway not only the commuters from other parts of the country would be facilitated but the people residing in the areas along the Islamabad Highway would also be benefited.
During the meeting PC-1 amounting to Rs3495.354 million for the development of Sector C14 and PC-1 worth Rs.4548.627 million for the development of Sector C15 were also approved to cater the growing housing needs in the federal capital. Development of these sectors would not only help meet housing needs but will also open new avenues of development in the capital.
During the 36th meeting of CDADWP, PC-1 for the long awaited project of Kuri Model Village was also approved, which would cost Rs.4074.972 million. The development of Kuri Model Village would not only help in acquisition of thousand acres of land but also help resolve other longstanding issues.
On this occasion CDA Chairman, Maroof Afzal said that the development of signal free/controlled access corridor of Islamabad Highway would help ease traffic burden in Islamabad. He said that no new sector has been launched for the last many years, which has not only created the shortage of housing units but also escalated the prices of real estate in Islamabad. He said that new sectors would cope with the growing housing needs as well as help bring down the prices of real estate in Islamabad. He said that the approved mega projects should be started at the earliest, soon after the early completion of all formalities. To mark the current financial year being the year of development, he said that CDA is launching these mega projects, adding that CDA would ensure timely completion of these mega projects after their execution. He said that allocation of funds for these mega projects would also be ensured to avoid any interruption during the development work and keep the cost of the projects under control.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  NHC Approves Rs 1,059.610 billion For Development of Highways and Motorways LRE-Azan 0 397 11-06-2017 02:03 PM
Last Post: LRE-Azan
  Hamza Committee decides to divert Rs66 billion to new projects Salman 0 1,719 03-06-2014 12:00 PM
Last Post: Salman
  Crackdown Against Encroachments – State’s Land Of Worth Rs. 1.5 billion Recovered Salman 0 1,889 02-28-2014 01:40 PM
Last Post: Salman
  CM Shahbaz Sharif approves road projects Salman 0 2,181 02-27-2014 07:11 PM
Last Post: Salman
  ETPB land worth billions of rupees illegally occupied in Lahore Salman 0 1,879 02-18-2014 01:13 PM
Last Post: Salman
  CM Punjab approves uplift projects worth Rs 12bn Salman 0 4,775 11-29-2013 01:15 PM
Last Post: Salman
  Government releases Rs63.476 billion for development projects Salman 0 1,878 10-23-2013 12:15 PM
Last Post: Salman
  Punjab government approves projects worth Rs 3379 million Salman 0 4,635 10-19-2013 01:01 PM
Last Post: Salman
  Walled City Of Lahore Authority Asks For The Approval Of Over Rs 2 Billion Projects Salman 0 11,804 07-01-2013 01:31 PM
Last Post: Salman
  LDA approves Rs60m new uplift projects Salman 0 2,780 03-18-2013 05:11 PM
Last Post: Salman
  9 development schemes worth Rs 15558.369m approved Salman 0 1,977 01-26-2013 01:51 PM
Last Post: Salman
  CDA gets Rs4.47b worth bids Salman 0 2,137 11-22-2012 03:14 PM
Last Post: Salman
  PPP govt spent Rs 2,200 billion on 200 uplift projects Salman 0 3,067 11-02-2012 04:55 PM
Last Post: Salman
  CDWP okays Rs 18.7 billion projects Salman 0 2,225 09-07-2012 01:40 PM
Last Post: Salman
  LDA approves nine uplift projects Salman 0 3,062 08-09-2012 11:59 AM
Last Post: Salman
  Roads worth Rs 39b to be constructed Salman 0 2,519 07-24-2012 05:30 PM
Last Post: Salman
  PDWP approves projects worth over Rs 12,000 million Salman 0 1,898 07-16-2012 12:22 PM
Last Post: Salman
  IDWP approves 16 development projects Salman 0 1,982 06-12-2012 01:02 PM
Last Post: Salman
  CDA to get Rs1.19 billion for 11 development projects Salman 0 1,634 06-02-2012 12:35 PM
Last Post: Salman
  1,000MW wind power projects: Sindh govt assures AEDB of allocating land for projects Salman 0 3,694 04-24-2012 12:14 PM
Last Post: Salman

Forum Jump:


User(s) browsing this thread: 1 Guest(s)