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New city to be developed on Lahore’s outskirts

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    New city to be developed on Lahore’s outskirts

    New city to be developed on Lahores outskirts

    LAHORE: Lahore will shortly have a sprawling new town to be developed by an Abu Dhabi based construction firm across the river Ravi in the northwest of the city.

    To this end, Abu Dhabi Group and the Government of Punjab on Friday signed a memorandum of understanding (MoU) to develop the housing project over an area of 30,000 acres. Akhlaq Ahmed Tarar, Lahore Development Authority (LDA) director general, and Sheikh Nahayan Mabarak al Nahayan, Abu Dhabi group chairman, signed the MoU at Chief Ministers Secretariat. Punjab Chief Minister Chaudhry Pervaiz Elahi, Chief Secretary Kamran Rasool, Finance Secretary Salman Siddique and a number of other dignitaries from both sides were at the ceremony.

    Briefing reporters later, Kamran Rasool said that the land from Ravi Syphon to Faizpur Interchange and Ravi Bridge had been identified for the project after properly surveying the entire area.

    He said the chief minister had set a timeframe of three months to put a regulatory system in place for the project. He said the project was part of the governments vision to improve facilities for people, and was not a commercial scheme being launched just to earn profit.

    The project is aimed at fulfilling peoples residential needs at affordable rates for which land will not be acquired through coercion. The owners of the land will be given attractive packages, he said.

    Rasool said that ready-to-develop plots would be provided under the project. The chief secretary said that a freshwater lake would also be part of the project, the model of which was being prepared at the Nandipur research centre. He said that plans to set up an education and sports city were being prepared, and the government would provide the latest educational facilities by encouraging standard domestic and foreign educational institutions for this purpose. app

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    this also were bahria lake city is located, which is hugeee, this should be an excellent city.
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