Taking the bull by the horns: CDA to start projects using its own resources

Islamabad: The Capital Development Authority (CDA) will be allocating Rs1.5 billion from the surplus funds generated for the construction of Korang Bridge and an underpass at PWD as part of the Islamabad Expressway Signal-Free Corridor.

invest with imarat

Islamabad’s emerging city centre

Learn More

 

The signal-free corridor project was started by the previous government to deal with the daily traffic congestion and to save time for the commuters. The project was divided into two portions, from Zero Point to Koral and Koral to Rawat. Rs7 billion were allocated previously in the Public Sector Development Programme (PSDP) 2018-2019. Four interchanges at I-8, Sohan, Khanna and Koral constituted the first portion of the project which was completed in early 2019.

The project was then excluded in the revision of the PSDP by the incumbent government. The remaining portion of the Islamabad Expressway is now in a dilapidated condition and the craters and potholes have added to the commuters’ woes. The executives at CDA, however, in their visit to the Expressway on Tuesday, decided to start the project with CDA’s resources. A letter may be written to the Finance and Planning Commission for permission.

In a press release, CDA has emphasised the importance of the signal-free corridor with the increase in population in the adjoining areas. CDA is looking to start the project but they will be requesting the Federal Government for funds under the PSDP next year, if given the go ahead now.

Maham Tahir

Recent Posts

Garha Mor: A Notable Landmark in Vehari City

Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…

1 day ago

Aslam Market Wah Cantt: Pleasure of Shopping & Dinning

Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…

2 days ago

Abid Market Lahore: An Iconic Shopping Landmark

Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…

3 days ago

CDA Chairman Urges Rapid Completion of Major Islamabad Interchanges

ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…

3 days ago

IMARAT Announces Launch of Pakistan’s Largest Sharia-Compliant REIT – A New Era of Real Estate Investment

Islamabad, Pakistan— IMARAT Group, a leading real estate developer and innovator in Pakistan, announces the…

3 days ago

Amma Tower: A Landmark in Urban Living & Commerce

Amma Tower, located in the bustling area of Saddar in Karachi, is a unique blend…

4 days ago