Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Rs358m allocated: CDA to initiate uplift work in Sector I-12; Park Enclave project to cost Rs1,240m

byCustoms Today Report
29/12/2014
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Capital Development Authority (CDA) Chairman Maroof Afzal has said that the Authority is starting work on roads in Sector I-12, which would cost Rs358 million.

The tender notice for construction of major roads in the sector has already been floated and contract for construction work would be awarded after opening of tender on January 15, 2015.

You might also like

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

18/08/2026

Sales tax chaos: Hybrid vehicle makers halt production

17/08/2026

The chairman said that CDA was aware of the shortage of residential units in Islamabad and thus development of stalled sector was a priority for him. He said that sufficient funds have been allocated in the current fiscal year for the development of stalled sectors. He said that plan for construction of major roads in Sector I-12 has been finalised and Rs358 million have been allocated.

He said once the roads are constructed the civic agency would undertake other development work and hand over the plots to owners.

The CDA chief said that the authority had also initiated development work in Park Enclave. The project would be completed at a cost of Rs1240 million. He said that pre-qualification process for Sector I-15 was also in final stages.

The chairman said that apart from completing the stalled sectors, the authority would launch new sectors to overcome the housing shortage.

Tags: Capital Development Authority (CDA) Chairman Maroof AfzalPark Enclave project

Related Stories

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

byCT Report
18/08/2026

KARACHI: Pakistan’s primary equity market extended its most active stretch in years Tuesday, as the Securities and Exchange Commission of...

Sales tax chaos: Hybrid vehicle makers halt production

byCT Report
17/08/2026

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded an immediate rollback of the sales tax...

Weekly inflation rises 0.15pc, annual rate reaches 9.11pc

byCT Report
15/08/2026

ISLAMABAD: Pakistan’s weekly inflation increased by 0.15%, pushing the annual inflation rate to 9.11%, according to the latest report released...

SECP establishes Shariah-Compliant Brokerage Segment, approves 33 Islamic Windows

byCT Report
13/08/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in a major breakthrough, has succeeded in establishing a dedicated Shariah-compliant...

Next Post

100 mmcfd gas to textile: APTMA bemoans suspension of supply

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.