PM Imran Khan for timely completion of Ravi City, Central Business District projects

Government of PakistanPM Imran Khan for timely completion of Ravi City, Central Business District...

ISLAMABAD, Pakistan: Prime Minister Imran Khan has emphasized on the timely completion of Ravi City and Central Business District projects to boost economic activities and create employment opportunities in the Country.

Chairing a review meeting on the Ravi Urban Development Authority and Central Business District in Islamabad on Thursday, he said that these major projects will also reduce the increasing population pressure in the City enabling the metropolitan administration to provide residential facilities on modern standards to the general public.

The meeting was briefed in detail on the progress on the Sapphire-Bay, the first phase of the upcoming Ravi City project.

It was informed that the government will receive an estimated Rs 25 billion revenue from the 2,000-acre land project.

It was informed that the project will generate a total of Rs 150 billion in economic activities and two more Ravi City sub-projects including Zones 4, 5, 7 and LB Island will soon be available for investment and the government from these projects will receive expectedly Rs 130 billion.

The prime minister was informed that the RAVI City project on 15,000 acres land will result in economic activity of Rs 1,000 billion by December 2021 which will provide abundant employment opportunities in the Country.

The meeting was informed that three modern agricultural technology zones will be established in cooperation with a Swiss Company in the Ravi City to cope with the growing needs of food in the Country.

Besides, Campuses of all leading Universities of the Country will be opened.

It was also informed that the Young Leadership Programme initiated to ensure participation of youth in the Ravi Urban project and so far 25,000 applications have been received in this regard and the first batch of young leaders will start its activities by June 2021.

Must read

Recent News

37 Brigadiers of Pakistan Army promoted as Major Generals

CTD Punjab claimed to kill three TTP terrorists near Rawalpindi

0
Rawalpindi, Pakistan: The Counter Terrorism Department (CTD) of Punjab killed three TTP terrorists (officially known as Khawaji) at Chakri, 30 km away from the...
Ukraine to receive 500,000 artillery shells by yearend from Czech Republic Monitoring Desk: In dire need to counter Russian aggression, Ukraine will receive 500,000 shells of various calibers by the end of this year from Czech Republic, reports Ukrinform. Referring to announcement of Czech Foreign Minister Jan Lipavský, Ukrinform reports that Czech Republic will continue to provide support to Ukraine to repel and stop Russian aggression. "As you know, my country has launched an initiative on ammunition. By the end of the year, 500,000 large-caliber shells will be delivered. We will not stop there. We will continue to provide the Armed Forces of Ukraine with the necessary support," the Czech Foreign Minister emphasized.

Ukraine to receive 500,000 artillery shells by yearend from the Czech Republic

0
Monitoring Desk: In dire need to counter Russian aggression, Ukraine will receive 500,000 shells of various calibers by the end of this year from...

PTI Protest Updates: Bushra Bibi stays away from protest

0
Islamabad, Pakistan: Owing to the fear of arrest, former first lady Bushra Bibi has decided to avoid the PTI protest on November 24. She...

Bushra Bibi leveled serious charges against Saudi Arabia

0
Monitoring Desk: The former First Lady of Pakistan Bushra Bibi has leveled a serious allegation against a brotherly Muslim country in her recent video...
US reopens Kyiv embassy after warning issued following big Ukrainian strike on Russia

US reopens Kyiv embassy after warning issued following big Ukrainian strike on Russia

0
Monitoring Desk: The United States reopened its embassy in Kyiv after it had shut for the day due to what Washington called the "threat...
Advertisement