42 firms express interest in development of Sector I-15

ISLAMABAD: The development work on Sector I-15 is going to start soon as the civic body received 42 expressions of interest from various contractors.

invest with imarat

Islamabad’s emerging city centre

Learn More

This was divulged by officials of the Capital Development Authority (CDA) in a statement on Monday.

Officials further disclosed that the firms who had filed applications in response to an advertisement from CDA would be required to complete a pre-qualification process. The process is likely to be completed within a week after which the tenders would be issued.

CDA had sought applications from firms registered in at least category 1 or above with the Pakistan Engineering Council (PEC) for infrastructure development of Sector I-15.

Officials told that the CDA has set up a special committee to shortlist firms which have applied. The committee is probing various aspects of the companies including financial capability, equipment inventory, and human resource, experience as well as their market reputation.

Sector I-15 was announced back in 2005 with some 10,290 plots of different categories and sizes. The sector was announced to accommodate the low-income residents of the federal capital. Even though the plots have been allotted, development has been delayed for years.

For more news and blogs, visit graana.com

Maham Tahir

Recent Posts

Government Abolishes Right of Way Fees on Federal Property

The federal government has announced the abolition of Right of Way (RoW) charges on federal…

20 hours ago

Pakistan to Build $10B Rail Link to Central Asia

Federal Minister for Railways Hanif Abbasi announced that several major projects — including the digitalization,…

22 hours ago

CDA and Islamabad Lawmakers Join Hands to Accelerate Capital’s Development

Islamabad, Aug 7: A delegation of Islamabad's parliamentarians met with CDA Chairman and Chief Commissioner…

4 days ago

Karachi Northern Bypass to Be Expanded into 8-Lane Motorway under M-10 Project

Islamabad – The National Highway Authority (NHA) has announced an ambitious upgrade of the Karachi…

5 days ago

NHA Advances Plans for Tunnel in Salt Range to Improve Safety on M-2 Motorway

Islamabad: The National Highway Authority (NHA) is moving forward with plans to build a tunnel…

6 days ago

Pakistan’s Cement Sector Sees Strong Recovery in July with Over 30% YoY Growth

Islamabad: Pakistan’s cement industry kicked off the fiscal year 2025–26 on a strong note, recording…

7 days ago