Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
30,000 acres to be acquired for Ravi project
11-26-2013, 12:58 PM
Post: #1
30,000 acres to be acquired for Ravi project
LAHORE, Nov 25: The Lahore Development Authority (LDA) plans to acquire around 30,000 acres worth Rs300 billion for the River Ravi Development Project, sources say.

Land acquisition will begin after a consultancy firm, yet to be hired, will work on the project feasibility report. This may take one year, officials say. The land will be acquired along the River Ravi at Shahdara and adjoining small towns and villages linking Lahore and Sheikhupura.

As the project falls in areas of both Lahore and Sheikhupura districts, Sheikhupura will be considered part of Lahore under the domain of the LDA that is being expanded and renamed as the Lahore Regional Development Authority, they say.

“The estimated cost of the scheme is Rs700 billion, of which Rs300 billion are to be spent on land and Rs150 billion on a water treatment plant along the bank of the River Ravi. The remaining amount will be spent on the infrastructure,” a senior LDA official, who wished not to be named, told Dawn. The official said the LDA would generate funds on its own.

“Local and foreign business groups will be invited to invest in the project,” the official added. He said the option to make the project as public limited company might be adopted to generate funds for the project.

The official said since the prime minister was keen in the launch of the project in a year or two, the LDA is likely to select a suitable consultant from among seven short-listed firms by next month’s end.

The official said the LDA had filled a few among many technical positions in order to monitor the consultant firm’s work and work on other LDA projects, mainly the LDA City at Ferozepur Road.

COMMITTEE: A High-Level Design Committee of the City District Government of Lahore approved building structure plans of nine commercial and residential buildings.

According to officials, the committee sought resubmission of two other buildings’ plans.
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
  Lahore: 4 Illegal Societies Sealed in Ravi City LRE-Azan 0 138 12-11-2021 07:56 PM
Last Post: LRE-Azan
  New City at Ravi Bank: Acquisition of one Lac Acres of Land Became a Challenge LRE-Azan 0 174 11-22-2021 08:05 PM
Last Post: LRE-Azan
  Ravi Development Authority Update LRE-Azan 0 167 11-20-2021 03:16 PM
Last Post: LRE-Azan
  CDA Retrieves 800 Acres of Land in Bahawalpur Salman 0 2,822 04-09-2015 04:16 PM
Last Post: Salman
  NESPAK asks CDA to allot 20 acres land for Metro bus depot Salman 0 3,741 01-31-2014 07:45 PM
Last Post: Salman
  LDA picks 2nd lowest bidder for Ravi project Salman 0 6,503 01-22-2014 03:11 PM
Last Post: Salman
  LDA Plans to Develop Residential Community on the Ravi banks Salman 0 4,688 01-02-2014 01:33 PM
Last Post: Salman
  New City River Ravi Lahore : Recruitment of Professionals Salman 0 18,408 11-08-2013 02:29 PM
Last Post: Salman
  New bridge on Ravi approved Salman 0 7,805 10-30-2013 01:31 PM
Last Post: Salman
  CDGL acquires 4,000 kanals for Ravi bank uplift project Salman 0 6,858 10-25-2013 12:22 AM
Last Post: Salman
  Over 6,000 acres of CDA's land grabbed by mafia Salman 0 6,665 10-01-2013 03:59 PM
Last Post: Salman
  Operation Against Encroachments Will Be Undertaken - Ravi Town Authorities Salman 0 5,526 09-27-2013 04:03 PM
Last Post: Salman
  Recreational Zones To Be Constructed Around River Ravi Salman 0 8,788 09-17-2013 02:58 PM
Last Post: Salman
  CDA approves 90 acres of land for Islamabad District Jail Salman 0 3,553 02-02-2013 02:01 PM
Last Post: Salman
  Work on new Ravi bridge soon: CM Salman 0 5,072 12-12-2012 02:00 PM
Last Post: Salman
  CDA hands over 35 acres land to PCB for cricket ground Salman 0 3,883 10-05-2012 01:34 PM
Last Post: Salman
  PPP Allotted 56,187 Acres Of Land To Farmers Salman 0 3,404 07-17-2012 01:30 PM
Last Post: Salman
  60,000 acres selected for new city project Salman 0 3,706 07-04-2012 02:40 PM
Last Post: Salman
  CDA allots 35 acres for cricket stadium Salman 0 3,556 05-09-2012 12:19 PM
Last Post: Salman
  CDA allots 35 acres for cricket stadium Salman 0 3,442 05-09-2012 11:56 AM
Last Post: Salman

Forum Jump:


User(s) browsing this thread: 2 Guest(s)