LAHORE: Punjab Chief Minister Maryam Nawaz Sharif chaired the meeting and gave a detailed briefing on the projects of the Punjab Central Business District Development Authority.
At the meeting, it was agreed that CBD business centers would be established in eight cities of Punjab. Proposal to establish a 'Sports City' in Sialkot. Additionally, the construction of a stadium was also discussed at the meeting.
It has been decided to legislate the establishment of a “Real Estate Investment Trust” in Punjab. The progress of silicon cluster development in the IT city of Lahore was also reviewed.
The CM directed the authorities concerned to finalize contracts with companies from China, South Korea and Saudi Arabia for the construction of IT City in Lahore. She further added, “Achieve the annual targets for the CBD project and submit progress reports accordingly.”
Earlier, the Chief Minister was briefed that the CBD Grand Central Station will be built at Karma Chowk in Lahore. The Grand Souk Lahore, with 600 shops and restaurants, will also be opened on Ferozepur Road.
The relevant authorities have informed the Chief Minister that the CBD will construct an eco-friendly blue road on the main thoroughfare. CBD CEO Imran Amin presented the review report for Quaid, Bab and Pindi districts.
Senator Pervaiz Rashid, Senior State Minister Mariyum Aurangzeb, State Minister for Information and Culture Asma Zahid Bukhari, Member of Parliament Sania Ashiq and Special Assistant Zeeshan Malik attended the meeting. Principal Secretary, P&D Chairman, COO CBD Brigadier General Mansoor Janjua, Finance Secretary, Principal Secretary and other relevant officers were also present on the occasion.
Copyright Business Recorder, 2024
