PR No.166 DAR CHAIRS MEETING TO REVIEW CDA DEVELOPMENT ACTIVITIES Islamabad: March 17, 2017
Finance Minister, Senator Mohammad Ishaq Dar, here on Friday called upon senior officials of the Capital Development Authority (CDA) to put in their best for development of the federal capital, ensuring an attractive and serene environment for the residents.
The Minister held a meeting with the officials to review different development activities in Islamabad and adjoining areas. Minister of State for CADD, Dr. Tariq Fazal Chaudhry, Mayor Islamabad and senior officials of Ministry of Finance, CADD and CDA participated in the meeting.
Chairman CDA briefed the Minister about the ongoing development programmes of CDA. The meeting was informed that CDA was making all out efforts to make Islamabad a modern metropolis. He also informed the Minister about the arrangements in place for maintenance and upkeep of the capital.
The Minister said that the government will fully support CDA in its efforts to develop Islamabad into a model capital, with all basic amenities and facilities for its citizens, under the guidance and leadership of Prime Minister Muhammad Nawaz Sharif.
Finance Minister also asked CDA to develop housing sector for overseas Pakistanis to provide them profitable, safe and secure investment and residential opportunities. He further said that full use of latest available information technology be made for maximum facilitation of overseas investors with respect to registration, land records and all documentary processes related to purchase of properties in the proposed sector by overseas Pakistanis. The Minister highlighted that due to the visible and internationally-recognized economic progress achieved by the country, foreign investors are showing strong and tangible interest in investment opportunities in Pakistan, including in the real estate sector. Similarly overseas Pakistanis are also keen to take advantage of investment opportunities in the country and the government would facilitate them in this regard.