Negotiations with consultants on Ravi Urban Project ‘in final stage’

By: News Desk      Published: 12:39 AM, 23 Jan, 2021
Negotiations with consultants on Ravi Urban Project ‘in final stage’
Design of the Ravi Urban Development Project.–File photo

Prime Minister Imran Khan said on Friday the Ravi Urban Development Project was significant for the economic and social uplift of Lahore and would generate immense job opportunities. 

"The completion of the project will not only increase economic activity, but also create employment opportunities through quality construction on unused land," the prime minister said while chairing a meeting regarding development projects in the Punjab capital. 

The review meeting discussed progress on projects including Ravi Urban Development, Central Business District, relocation of Walton Airport and provision of affordable housing to the people in adjoining small towns, under the vision of Prime Minister Imran Khan. The meeting was attended by Special Assistant Dr Shahbaz Gill, Chairman of the Naya Pakistan Housing Authority Lt-Gen (Retd) Anwar Ali Haider and senior officials.

Provincial Finance Minister Makhdoom Hashim Jawan Bakht, Adviser to Punjab Chief Minister Dr. Salman Shah, Special Assistant to CM Dr. Firdous Ashiq Awan, Chairman of the Ravi Urban Development Authority Rashid Aziz and senior officials attended the meeting through video link.

The meeting was informed that negotiations with the consultants and design issues in the Ravi City project had entered its final stages. The meeting was updated about the progress regarding waste water plant and the steps being taken to organize an investors' conference in near future.

The participants were also briefed on the progress regarding land acquisition under the project. Regarding the Central Business District project and the relocation of Walton Airport, the participants were informed that the commercial, retail and residential zoning of the project was in line with international standards. 

The meeting was briefed on the proposed projects for construction of affordable houses for the low-income group under the vision of the Prime Minister, in the vicinity of small towns of Punjab. Prime Minister Imran Khan directed to set timelines and initiate the project as soon as possible in view of its usefulness for the poor and low income groups.

The low-cost three-to-five marla housing project will initially cover 25 to 27 districts of the province and will be gradually expanded to 87 different areas. The Punjab government will provide land as well as capital in the initial phase, while in the next phase, the subsidy will be provided under mortgage financing.