ISLAMABAD: As per the media reports, Capital Development Authority (CDA) has observed unprecedented revenue collection after the adoption of model bye-laws in 2020.
According to the details, the adoption of model bye-laws resulted in collection of Rs1.8bn in 2020 as compared to 100mn in 2016.
During the last six months of 2021, the authority approved 90pc of applications and collected Rs1.5bn.
The increase in the number of approvals stimulates economic activities and creates new job opportunities.
Furthermore, CDA is going to adopt new regimen for approvals in August 2021 which will bring transparency in the process.
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