Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
The plan: CDA to focus on conservation projects through joint ventures
01-05-2012, 12:31 PM
Post: #1
The plan: CDA to focus on conservation projects through joint ventures
The plan: CDA to focus on conservation projects through joint ventures

ISLAMABAD:

The cash-strapped Capital Development Authority (CDA) is desperately looking for private investment in implementing its mega-projects focusing on conservation of water and energy.

Speaking at a press conference at the Jinnah Convention Centre on Tuesday, CDA Chairman Farkhand Iqbal said that after approval of the proposed plans CDA will be made “financially stable, so it can carry out development activities at a faster pace”.

He said that to achieve this goal all available resources will be utilised efficiently, while viable foreign investments will also be encouraged.

Iqbal said the multi-billion rupee project to replace conventional streetlights with energy efficient light emitting diode (LED) bulbs is a “necessity” for the capital city.

He said that a project to utilise the city’s waste to generate electricity is also in the making that will address two major city issues of waste management and power generation.

The project will generate 15 to 18 megawatts of electricity, minimising dependency on the Water and Power Development Authority, he added.

He also announced to ensure water supply from Tarbela and the replacement of old pipelines in the city. These pipes are almost 40 years old and result in the loss of almost 60% of potable water, according to some estimates.

The chairman stressed the need for the civic body to initiate joint ventures for the development of new sectors in the city, a strategy that is currently prohibited under CDA bylaws. He said a bill regarding amendments in the CDA’s bylaws is pending before the Cabinet Division, which after approval, would put the CDA in a position to develop new sectors.

Speaking of recent development, he said that development work in sector I-11 has been initiated, while negotiations with the locals are underway to find amicable solution to the minor issues that remain. He added that they are prioritising the development of sectors I-14, I-15, I-16, D-12 and E-12.

The chairman, however, did not even mention the proposed mass transit system or the much needed landfill site for the city.

Responding to a question about the recently-formed Prime Minister’s Task Force on CDA he said that “no one is creating hurdles in my day-to-day business”. He added that he will not tolerate a parallel authority.

He promised concrete measures for the up-gradation of smaller markets, removal of encroachments, improvement of sanitation services and the promotion of economic activities.

He said that the authority will initiate multipurpose modern shopping malls at appropriate locations around the city to promote Islamabad as a regional business hub.

He promised to set up proper parking lots near markets and said fines will be imposed on illegal parking. He added that anti-littering awareness campaign would be extended to the G and I sectors and that fines will be imposed on violators.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  DHA Quetta Extends Invitation for Collaboration in Joint Ventures, EOI Deadline Annou LRE-Azan 0 209 11-15-2023 07:35 PM
Last Post: LRE-Azan
  Lahore Master Plan declared undeveloped 33,000 acres of housing projects LRE-Azan 0 914 01-24-2023 03:24 PM
Last Post: LRE-Azan
  Lahore Master Plan News : New city centre in Gulberg a part of master plan-2050 LRE-Azan 0 833 01-16-2023 07:26 PM
Last Post: LRE-Azan
  Joint Working Group on CPEC’s security urged to meet regularly LRE-Azan 0 1,330 02-06-2022 02:28 PM
Last Post: LRE-Azan
  With real estate boom, developers now focus on Raiwind Road Salman 0 7,127 09-30-2013 03:43 PM
Last Post: Salman
  Conservation and restoration: Walled City Authority takes over heritage sites Salman 0 5,042 04-04-2013 02:49 PM
Last Post: Salman
  Pakistan, Iran vow to expeditiously pursue joint mega projects Salman 0 4,026 10-17-2012 12:21 PM
Last Post: Salman
  Pakistan to focus on German SMEs to promote investment Salman 0 3,879 05-19-2012 12:18 PM
Last Post: Salman
  1,000MW wind power projects: Sindh govt assures AEDB of allocating land for projects Salman 0 6,299 04-24-2012 12:14 PM
Last Post: Salman
  Indo-Pak ministerial talks to focus on removal of non-tariff walls Salman 0 3,831 04-11-2012 12:28 PM
Last Post: Salman
  Wind power projects: 12 projects of 1,000 MW capacity to be functional in 2013 Salman 0 5,659 12-30-2011 03:37 PM
Last Post: Salman
  Malaysian Chapter of Pak-Malaysia Joint Business Council Launched Lahore_Real_Estate 0 3,764 10-29-2010 06:39 PM
Last Post: Lahore_Real_Estate
  Musharaf & Joint Criminal Responsibility LRE 0 3,273 10-15-2010 11:24 PM
Last Post: LRE
  Imran stresses joint efforts in flood relief activities Lahore_Real_Estate 0 3,600 09-03-2010 12:10 PM
Last Post: Lahore_Real_Estate
  ‘Pak, Turkey should produce joint defence projects’ Lahore_Real_Estate 0 3,320 07-15-2010 12:54 PM
Last Post: Lahore_Real_Estate
  We'll Have to Change the Focus (Javed Ch) LRE 0 3,247 07-04-2010 02:37 PM
Last Post: LRE
  Energy conservation plan more than successful Lahore_Real_Estate 0 3,083 04-29-2010 10:21 AM
Last Post: Lahore_Real_Estate
  BB’s protocol officer seeks joint team to unmask killers Lahore_Real_Estate 0 5,910 04-22-2010 11:07 AM
Last Post: Lahore_Real_Estate
  Water conservation project: Capital to have rainwater harvesting facility Lahore_Real_Estate 0 3,558 04-17-2010 10:55 AM
Last Post: Lahore_Real_Estate
  Barclays shifts business focus Lahore_Real_Estate 0 3,034 03-30-2010 12:50 PM
Last Post: Lahore_Real_Estate

Forum Jump:


User(s) browsing this thread: 1 Guest(s)