Govt releases Rs6.2bn for land acquisition of Rawalpindi Ring Road

ISLAMABAD: The government has released a sum of Rs6.2 billion for the land acquisition of Rawalpindi Ring Road project, informed Tariq Mehmood Murtaza, Chairman Rawalpindi Development Authority (RDA).
Prime Minister Imran Khan would soon perform ground-breaking of this vital project, he further added.

invest with imarat

Islamabad’s emerging city centre

Learn More

The 6-lane Rawalpindi Ring Road project sprawls on an area of 65.5km and is directed to avert the traffic congestion experienced in the twin cities, and initiate development activities that will in tune, boost the economy.

In addition, the authorities approved setting up of Special Economic Zones (SEZs), industrial zones, housing societies, business and educational hubs, healthcare facilities, parks, markets, transport terminals, along both the sides of the road project to uplift the economy.

The Rawalpindi Ring Road project to be constructed under public-private partnership (PPP) model is scheduled to be completed within 2-3 years, informed Chairman RDA while addressing the business community at Islamabad Chamber of Commerce & Industry (ICCI).

 

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

Islamabad’s Capital Hospital to Be Upgraded Under CDA-ADB Agreement

ISLAMABAD: The Capital Development Authority (CDA) and the Asian Development Bank (ADB) have entered into…

6 days ago

CDA to Issue Possession Letters for E-12 Sector After Eid

Islamabad: The Capital Development Authority (CDA) has announced plans to issue possession letters to allottees…

1 week ago

Graana.com Announces Property Festival 2025 to Revitalize Islamabad’s Real Estate Sector

Islamabad, [24 March 2025] – Graana.com, Pakistan's leading online real estate marketplace, is proud to…

1 week ago

Graana.com Proudly Partners with IAP for Graana Property Festival 2025

Islamabad, Pakistan – March 2025: Graana.com, Pakistan’s leading real estate platform, has proudly partnered with…

2 weeks ago

Sindh Government Reviews Measures to Regulate Real Estate Sector

KARACHI: Sindh Local Government Minister Saeed Ghani chaired a meeting on Monday to review measures…

2 weeks ago

Islamabad to Welcome a Modern Food Street in Blue Area

ISLAMABAD: The Capital Development Authority (CDA) has unveiled plans to develop a modern food street…

3 weeks ago