CDA to Launch Real Estate Projects for Overseas Pakistanis

Islamabad, Pakistan – The Capital Development Authority (CDA) is gearing up to launch a series of real estate projects specifically designed for Overseas Pakistanis. This initiative aims to attract foreign investment and contribute to the development of Islamabad.

In a meeting chaired by CDA Chairman Muhammad Ali Randhawa on Monday, senior officials from the CDA and the Public-Private Partnership Authority (P3A) discussed the upcoming projects and the opportunities they present for overseas investors.

Chairman Randhawa emphasized the government’s commitment to providing overseas Pakistanis with attractive investment options in Islamabad. “These projects are not only tailored to their needs and preferences but also meet international standards,” he stated. “We are working hard to ensure that their investments are secure and profitable.”

The CDA plans to offer overseas investors a range of projects, including residential, commercial, and mixed-use developments. The authority is also exploring the possibility of providing encumbrance-free land to investors, making their investments even more appealing.

The Public-Private Partnership Authority will play a crucial role in supporting these projects. P3A will provide technical assistance, including the hiring of advisors and consultants. The authority will also evaluate unsolicited proposals received from interested investors.

Chairman Randhawa expressed optimism about the potential of these projects to attract significant foreign investment. “By encouraging overseas Pakistanis to invest in their homeland, we can boost our economy and contribute to the overall development of Islamabad,” he said.