Announcement of Rs10 billion for development of rural areas in Islamabad

Islamabad: As part of the PSDP for the fiscal year (FY) 2019-2010, a development plan worth Rs10 billion has been announced for improvement in sewerage and sanitation including the rehabilitation of water supply systems and roads. Approved by National Economic Council (NEC) headed by the PM, the formation of Islamabad Development Working Party (IDWP) had also been approved. Representatives from ministries of finance, planning and other sectors will be included with the permit to approve development projects up to Rs60 million.

invest with imarat

Islamabad’s emerging city centre

Learn More

The approved development work to be executed by the Metropolitan Corporation Islamabad (MCI), Capital Development Authority (CDA) or Islamabad Capital Territory (ICT) administration is yet to be decided.

This development package is solely aimed towards the rural areas of Islamabad, said Special Assistant to PM on CDA Affairs Ali Nawaz Awan. Adding further, the package will also execute an overhead bridge in Bhara Kahu and the five lane extension of Islamabad Expressway from Koral to G.T Road. Under the package, development programmes will be made part of the Public Sector Development Programme in the upcoming budget.

For news and updates keep on visiting Graana blog

Maham Tahir

Recent Posts

Punjab Forms Investment Advisory Committee to Boost Economic Growth

Lahore: In a key step to stimulate economic activity and attract greater investment, the Punjab…

9 hours ago

Lahore Ring Road to Get Six Modern Rest Areas

Lahore: The Lahore Ring Road Authority has unveiled plans to establish six state-of-the-art rest areas…

1 day ago

Dubai Eyes Tokenised Property Deals via Digital Currency by 2025

Dubai is on track to become a global pioneer in digital property investment, with plans…

2 days ago

EPBD Urges Policy Rate Cut to 6% Amid Fears of Industrial Collapse

LAHORE: The Economic Policy & Business Development (EPBD), an independent economic think tank, has called…

3 days ago

Sindh CM Orders Acceleration of Land Digitisation and Integration of Digital Platforms

Karachi: Sindh Chief Minister Syed Murad Ali Shah has directed the Board of Revenue (BoR)…

4 days ago

Understanding Land Tenure and Pakistan’s Progressive Framework

What is Land Tenure? Land tenure refers to the system of rights, responsibilities, and arrangements…

6 days ago