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

Rs21.814b signal-free Islamabad Highway corridor: CDA okays PC-1s of 4 projects worth Rs34 billion

byCustoms Today Report
09/04/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The Capital Development Authority’s Development Working Party (CDADWP), during its 36th meeting, has okayed ‘Project Cost-1s’ (PC-1) of four mega projects worth Rs34 billion.

The meeting was presided0-over by the CDA Chairman Maroof Afzal, while, 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 on the occasion.

You might also like

Sales tax chaos: Hybrid vehicle makers halt production

17/08/2026

Weekly inflation rises 0.15pc, annual rate reaches 9.11pc

15/08/2026

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.

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.

Related Stories

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...

TPL Life expands Mobilink Bank partnership to offer Shariah-compliant insurance plans

byCT Report
12/08/2026

KARACHI: TPL Life Insurance Limited has expanded its strategic partnership with Mobilink Microfinance Bank Limited (Mobilink Bank) to introduce unit-linked...

Next Post

Famitsu scores world exclusive on Bandai Namco’s next project

  • 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.