ISLAMABAD: Prime Minister Imran Khan has said that Ravi Urban Development Authority (RUDA) and Central Business District (CBD) Walton are the landmark real estate projects to save the environment and ecology of Lahore.
Chairing a review meeting here in Islamabad on Friday, he said it is the first time in country’s history that dead capital is being regenerated into valuable assets through these projects. He said success of these projects would serve as a model for other cash strapped departments to replicate for generating financial resources.
The CEO of Ravi Urban Development Authority Imran Amin briefed the Prime Minister that development work on these innovative projects is in full swing. These projects include the development of Chaharbagh, industrial estate, water training work, Saphire Bay, Waste to Energy Plant and Waste Treatment Plant. Imran Amin said all administrative and environmental issues have been resolved and the projects are moving ahead.
The Prime Minister was also briefed that the construction of Bab-e-Pakistan, a Museum on the history of Walton from 1900 to date, an LNG-based captive power plant, and a state of the art teaching hospital in CBD, Walton is also on track and is expected to be complete by March next year.
The Prime Minister was also apprised on the progress of Nullah Lai and Ring Road projects in Rawalpindi. The Prime Minister highlighted that all these projects are of supreme national interests for the country. He directed the authorities concerned to adopt proactive and innovative approach for their completion on fast-track basis.