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

ICCI Urges CDA to Upgrade Commercial Markets to Boost Economic Activity

ISLAMABAD – President of the Islamabad Chamber of Commerce and Industry (ICCI), Nasir Mansoor Qureshi,…

10 hours ago

CDA Reviews Plans to Enhance Healthcare Services in Islamabad

Islamabad – The Capital Development Authority (CDA) held a meeting on Saturday to review and…

1 day ago

FGEHA to Auction Commercial Plots in Islamabad on June 18-19

ISLAMABAD: The Federal Government Employees Housing Authority (FGEHA) is set to hold an auction for…

2 days ago

Budget 2025-26: Focus on Salaries, Pensions, and Tax Relief for the Salaried Class

Islamabad – Presenting the PKR 17.57 trillion federal budget for FY2025–26, Finance Minister Muhammad Aurangzeb…

5 days ago

CPEC Phase 2 Aligned with URAAN Agenda to Drive Economic Transformation

Islamabad: Federal Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, chaired a high-level…

1 week ago

AED 66.8 Billion in Dubai Real Estate Sales – A New May Milestone!

Dubai, UAE – May 2025: Dubai’s real estate sector has achieved a record-breaking milestone, with…

1 week ago