RAWALPINDI: While chairing a meeting, Rawalpindi Development Authority (RDA) Chairman Tariq Mehmood Murtaza reviewed the progress of the Special Economic Zones (SEZs) to be established along with the Rawalpindi Ring Road (RRR) project.
In order to capitalize on the ring road project, it was decided that the Economic Zone comprising an oil refinery, petroleum, engineering, IT parks and residential areas will be established on a priority basis. The RDA Chairman was of the view that the ring road project will provide market linkages to these economic zones and create alternate business opportunities to the business community.
Moreover, the RRR project is also said to increase the scope of China Pakistan Economic Corridor (CPEC). In a published report, it was mentioned that the RRR will support the CPEC by connecting it with Hakla-DI Khan (M14) Interchange and more zones including Industrial Estate II, Logistic Hub II, Dry Port, warehouse and truck terminals will be established. The significance of the ring road in the recent past has increased as it can generate economic activity apart from easing the urban traffic.
For news and blogs, visit Graana.com.
Islamabad: The federal government is preparing to gradually withdraw tax exemptions for businesses operating within…
Karachi: A seven-member delegation from the Asian Development Bank (ADB) convened with Sindh’s Minister for…
Islamabad: The Federal Board of Revenue (FBR) is reviewing two key budget proposals for FY2025-26:…
The Capital Development Authority (CDA) is progressing with plans for a major mixed-use initiative named…
The Provincial Development Working Party (PDWP) has sanctioned a major infrastructure project worth PKR 1.99…
The Water and Sanitation Agency (WASA) Lahore is set to initiate a landmark sewerage upgrade…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
