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LAHORE: Punjab Chief Minister Maryam Nawaz Sharif chaired a meeting to have a detailed briefing on projects of Punjab Central Business District Development Authority.

It was agreed in the meeting that CBD Business Centers will be established in eight cities of Punjab. A proposal to establish ‘City of Sports’ in Sialkot; besides the construction of a stadium was also discussed in the meeting.

The decision was taken to legislate for the establishment of a ‘Real Estate Investment Trust’ in Punjab. Progress on the development of Silicon Cluster in IT City Lahore was also reviewed.

The CM directed the authorities concerned to finalize deals with the Chinese, South Korean and Saudi Arabian companies for the construction of IT City in Lahore. She added, “Complete year-by-year targets of CBD projects and submit progress reports accordingly.”

Earlier Chief Minister was briefed that CBD Grand Central Station will be built at Lahore’s Kalma Chowk. A, Grand Souk Lahore, with 600 shops and restaurants will also be established on Ferozepur Road.

The authorities concerned apprised Chief Minister that CBD will build eco-friendly blue roads on Main Boulevard. CEO CBD Imran Amin presented a review report on Quaid District, Bab District and Pindi District.

Senator Pervaiz Rashid, Senior Provincial Minister Marriyum Aurangzeb, Provincial Minister for Information and Culture Azma Zahid Bukhari, MPA Sania Ashiq and Special Assistant Zeeshan Malik attended the meeting. Chief Secretary, Chairman P&D, COO CBD Brigadier Mansoor Janjua, Secretary Finance, Principal Secretary and other relevant officers were also present on the occasion.

Copyright Business Recorder, 2024

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