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Islamabad blue zone project will attract investment: Prime Minister Imran Khan

 


ISLAMABAD: Prime Minister Imran Khan today visited the proposed blue zone site opposite F-9 Park in Islamabad.

According to details, the Prime Minister has been informed that the proceeds from the commercial auction, to be held next month, will be used primarily for the rehabilitation of the federal capital, the provision of services and the improvement of l & # 39; environment.

A part will also be used for the construction of low-cost housing, in particular for the provision of dignified housing to residents of katchi abadis approved through the Naya Pakistan Housing and Development Authority.

Sources said the move, coupled with several incentives to the construction sector, including the pro-rata tax deposit facility, will encourage investment, create jobs and accelerate employment. Economic activity in the country.

Special instructions were given for the trees to be preserved in this enterprise.

Prime Minister Imran Khan said the launch of the Islamabad Blue Zone multi-billion rupee trade project would not only create jobs but also attract investment from Pakistanis overseas.

In a tweet, he said that a mega project would be launched in Lahore and one in Karachi soon.

Government builds commercial city in Islamabad

Earlier on February 24, Prime Minister Imran Khan approved the plan to create a new commercial city in the capital.

According to details, the government has allocated 170 canals in front of F-9 park in the capital for the project. The commercial city project will be developed according to international standards and the government could generate initial revenues of up to 30 billion rupees.

Part of the income generated by the project would be used for the Naya Pakistan Housing project to build low-cost housing for poor and low-income groups.

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