Everyday News

CDA Board Meeting Over Infrastructure Upgrades and Cultural Revival

Islamabad, Pakistan: The Capital Development Authority (CDA) Board held its 13th meeting on Wednesday, chaired by Chairman Muhammad Ali Randhawa. The meeting focused on various agenda items aimed at improving the financial health of the CDA and enhancing infrastructure development in Islamabad.

invest with imarat

Islamabad’s emerging city centre

Learn More

One of the key decisions made during the meeting was to revive the cinema industry in the city. The CDA Board directed officials to submit proposals for the redevelopment of plots previously allocated for cinema establishments. The goal is to introduce modern cinemas that meet international standards. Additionally, the Board approved the establishment of four more cinema sites in Islamabad.

To bolster the CDA’s financial position, the meeting approved placing the Resource Wing under the administrative control of the Member Finance. This move aims to achieve revenue targets, explore new revenue sources, and address loopholes in the revenue collection process. The Resource Wing is also expected to implement technology and modern practices in the financial and other matters of the authority.

In terms of infrastructure development, the CDA Board decided to hire a transaction advisor for the IT Park in Sector G-10. Furthermore, the Board approved the feasibility and design of the Islamabad Bus Terminal through the Asian Development Bank (ADB).

To improve the sewerage treatment system in Islamabad, the City Sewerage Division will now be under the administrative control of the Director General Water Management. This decision is expected to enhance the efficiency and effectiveness of sewage treatment operations in the city.

Overall, the CDA Board meeting resulted in several important decisions that will contribute to the financial stability and infrastructure development of Islamabad. The revival of the cinema industry, financial reforms, and infrastructure projects are expected to have a positive impact on the city’s economy and quality of life.

Zukhruf Hussain

As an SEO Content Writer and Editor, Zukhruf Hussain deeply appreciates the impact of words and narrative building. Her passion for crafting meaningful literature has led her to explore various writing styles and niches, making her a well-versed word wizard. Outside the sphere of language, she finds joy in expressing herself through the strokes of a paintbrush.

Recent Posts

Punjab Greenlights 10 Development Projects Worth PKR 20.67 Billion

The Punjab Provincial Development Working Party (PDWP) has approved ten significant development projects with an…

14 mins ago

Pakistan’s Ticket to $246M: Gwadar International Airport To Launch This December

The New Gwadar International Airport (NGIAP) is set to commence operations by the end of…

36 mins ago

Real Estate Regulatory Authorities (RERA) An Overview

Real estate markets globally operate under a set of regulations designed to protect consumers, maintain…

39 mins ago

KPK’s Miran Block to Boost Region’s Economy with Rs22 Billion Investment

PESHAWAR: The Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) has successfully completed the bidding…

43 mins ago

Understanding Property Taxes in Pakistan: What Every Buyer Should Know

Purchasing property is a significant financial decision that involves various considerations, including understanding property taxes.…

1 hour ago

The Impact of Economic Policies on Pakistan’s Real Estate Sector

Real estate is a cornerstone of Pakistan’s economy, contributing significantly to GDP, employment, and urban…

1 hour ago