Islamabad, Sep 10: The Capital Development Authority (CDA) has announced the launch of multiple real estate projects aimed at attracting investment from overseas Pakistanis.
This project, which was reviewed at a meeting on Monday with representatives from the Public-Private Partnership Authority and the CDA, aims to promote profitable business prospects while aiding in Islamabad’s development.
The CDA Chairman, Mohammad Ali Randhawa, stressed the significance of these initiatives, noting that they are made to satisfy the expectations of Pakistanis living abroad as well as international standards.
In a news release, Randhawa stated, “Overseas Pakistanis are given excellent opportunities to invest in various projects of Islamabad related to the real estate sector.”
The projects’ goal is to provide developments and land free of encumbrances, guaranteeing safe and profitable investments for Pakistan and its investors. It is anticipated that this strategy will increase overseas remittances and aid in the capital city’s general development.
These projects will receive technical support from the Public-Private Partnership Authority, and the recruitment of advisors and consultants is scheduled to commence shortly. The goal of this partnership is to guarantee that the projects are completed to the highest standards and with efficiency.
Randhawa also mentioned that unsolicited proposals received so far are under review, indicating a proactive approach to incorporating diverse ideas and opportunities into the development plans.
