News

Islamabad to have Metro Bus to New Airport from March next year

Parliamentary Secretary for Interior Shaukat Ali on Friday informed the National Assembly on Friday that the Metro Bus Project from Peshawar Morr (Kashmir Highway) to the New International Islamabad Airport would be made operational by March 23, next year. During question hour in the Lower House, Shaukat Ali said the tender had already been floated for the procurement of buses and hoped that the...

Green Line to operational from October and K4 Water to start this fiscal year

Prime Minister Imran Khan directed the officials on Tuesday to ensure completion of all projects under the Karachi Transformation Plan (KTP) within the timelines. Imran, during a visit to the provincial capital, chaired a meeting to review the progress of ongoing development projects under the KTP. The meeting was attended by Sindh Governor Imran Ismail, Planning Minister Asad Umar, Railways Minister...

Rawalpindi Ring Road withdrawn from PPP (P3A) & cancelled land acquisition of extended area

After restoring the original alignment from Rawat to Thallian near motorway, the Punjab government made new PC-I of the project and decided to construct it under the Public Sector Development Programme (PSDP) instead of Public-Private Partnership. The PC-I was sent to the Punjab Planning and Development Board for approval. Punjab government decided to start the Rawalpindi Ring Road Project in PC-I mode...

CDA moved a summary to take over E11 sector

The Federal Cabinet is likely to take up a summary from the Ministry of Interior at its meeting tomorrow (Tuesday), enabling the Capital Development Authority to take over Sector E-11. Capital Development Authority (CDA) on Friday prepared a summary to be sent to federal government to revoke President Ayub’s orders, which would be taken up by the Federal Cabinet as an ex-agenda item at its next...

Bank Al Habib finally acquired one of the most expensive building in Karachi

Bank Al Habib Limited (BAHL) announced that it has purchased ‘Centrepoint Building’ from TPL Properties, located in Karachi. TPL Properties also notified to Pakistan Stock Exchange that “Further to our earlier disclosures of August 20, 2020 regarding sale of the Company’s flagship project “Centrepoint” located off Shaheed-e-Millat Expressway near KPT Interchange, Karachi, we are pleased to...

Hilton hotel returning & launching Doubletree brand in the Capital of Pakistan

Hilton has announced that it will be making its return into the Pakistan market, with an agreement with Dhabi Hospitality that will see the launch of the DoubleTree by Hilton brand in Islamabad in 2025. Carlos Khneisser, VP of development for the Middle East and Africa at Hilton, said that the landmark agreement signals Hilton’s highly anticipated re-entry to the Pakistan market. “We are doing so as...

Govt asked CDA to operationalize Metro Bus service from Peshawar Morr to Islamabad Airport

Minister for Finance and Revenue Dr. Abdul Hafeez Shaikh chaired a meeting of the Committee to decide about the modalities for operationalising the Metro-bus Corridor from Peshawar Morr (G-9) to New Islamabad International Airport. The Chairman CDA emphasized upon the need to operationalize the Metro-bus Corridor from Peshawar Morr (G-9) to New Islamabad International Airport immediately for providing a...

LDA’s Low Cost Naya Pakistan Housing Project in LDA City

Prime Minister Imran Khan's journey to fulfill the promise of 50 lacs low cost houses to poor people. A commendable step by the Punjab government to build "New Pakistan Apartments" for the homeless people. LDA will build 35,000 apartments (Phase 1) on 800 kanals of land in three years at Mouza Halloke adjoining Ring Road at a cost of Rs. 10...

PM Imran Khan’s promise to provide shelter to poor people began to fulfill

Low-income earners will become homeowners, in Naya Pakistan low cost Housing, by paying easy installments. Prime Minister Imran Khan's promise to provide shelter to the homeless began to be fulfilled. A practical step towards the establishment of a welfare state. The plan to provide houses to the working and wage earners of Islamabad has been completed. Eleven years later, the plan to...

RDA to develop aerotropolis around new Islamabad Airport

Rawalpindi Development Authority (RDA) has planned an aerotropolis in the city alonside Rawalpindi Ring Road and around Islamabad Airport, Chairman RDA Tariq Murtaza has confirmed. Chairman RDA said that the development work on the economic zones will be started as soon as possible. He said famous aerotropolis of special economic zones are mining, oil refinery, petroleum, engineering, IT Park, and...

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