Prime Minister Imran Khan chaired a review meeting on Ravi Urban Development Authority (RUDA) and Central Business District (CBD), Walton.
The meeting was attended by Finance Minister Shaukat Fayyaz Tareen, Minister of State for Information & Broadcasting Farrukh Habib, SAPM on Political Communication Dr Shahbaz Gill, Chairman Naya Pakistan Housing & Development Authority (NAPHDA) Lt Gen Anwar Ali Haider (Retd) and senior officers.
Punjab Local Government Minister Mian Mehmood ur Rasheed, Advocate General Punjab Ahmed Awais, CEO RUDA Imran Amin, Advisor to CM Punjab Dr Salman Shah and other officers concerned from Punjab joined the meeting via video link.
CEO RUDA briefed the Prime Minister on various challenges being faced by RUDA in the smooth execution of its various projects. These projects include installation of solar-based renewable power generation plant, establishment of Special Economic Zones (SEZs) and Special Technology Zones (STZs), launching of ferry operations, establishment of knowledge Park and Rakh Jhok farms. The Prime Minister was briefed that all these projects are designed to generate their own revenue streams in order to ensure their sustainability.
Prime Minister was also briefed on RUDA’s plan to build Pakistan’s largest theme park with the collaboration of IMG Dubai Theme Park. Planned over 2000 Kanals of land on the Ravi river front, RUDA will showcase this theme park project In upcoming Dubai Expo 2020 for attracting investment.
The Prime Minister reiterated the importance of both RUDA and CBD for the promotion of smart, self-sustaining, clean and green housing and business projects in the country.
The Prime Minister directed the authorities concerned resolve issues by adopting a proactive strategy so that Pakistan could reap maximum benefits of these modern and sustainable real estate projects by attracting Foreign Direct Investment (FDI).
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