BR100 Decreased By (-1.72%)
BR30 Decreased By (-2.68%)
KSE100 Decreased By (-1.36%)
KSE30 Decreased By (-1.26%)
AGHA 6.41 Decreased By ▼ -0.17 (-2.58%)
BECO 4.29 Decreased By ▼ -0.09 (-2.05%)
BML 54.36 Decreased By ▼ -1.17 (-2.11%)
BOP 28.89 Decreased By ▼ -1.04 (-3.47%)
CNERGY 12.21 Decreased By ▼ -0.51 (-4.01%)
CSIL 5.03 Decreased By ▼ -0.17 (-3.27%)
FCCL 50.00 Decreased By ▼ -1.13 (-2.21%)
FFL 13.82 Decreased By ▼ -0.59 (-4.09%)
FNEL 1.17 Decreased By ▼ -0.05 (-4.1%)
KEL 5.62 Decreased By ▼ -0.35 (-5.86%)
KOSM 5.36 Decreased By ▼ -0.21 (-3.77%)
LOTCHEM 25.30 Decreased By ▼ -0.95 (-3.62%)
MLCF 88.24 Decreased By ▼ -1.90 (-2.11%)
NBP 156.95 Decreased By ▼ -5.16 (-3.18%)
NCPL 51.17 Decreased By ▼ -1.45 (-2.76%)
NPL 54.16 Decreased By ▼ -3.82 (-6.59%)
OGDC 310.34 Decreased By ▼ -4.28 (-1.36%)
PACE 9.19 Decreased By ▼ -0.51 (-5.26%)
PAEL 33.01 Decreased By ▼ -1.76 (-5.06%)
PIBTL 13.19 Decreased By ▼ -1.01 (-7.11%)
PPL 216.48 Decreased By ▼ -4.18 (-1.89%)
PRL 87.42 Decreased By ▼ -2.93 (-3.24%)
PTC 56.55 Decreased By ▼ -2.32 (-3.94%)
SSGC 22.48 Decreased By ▼ -0.79 (-3.39%)
TBL 8.66 Decreased By ▼ -0.01 (-0.12%)
TELE 6.97 Decreased By ▼ -0.39 (-5.3%)
TPL 20.67 Decreased By ▼ -0.35 (-1.67%)
TPLP 11.60 Decreased By ▼ -0.50 (-4.13%)
TREET 20.38 Decreased By ▼ -0.98 (-4.59%)
TRG 51.45 Decreased By ▼ -2.94 (-5.41%)
Business & Finance

Thandiani’s 400 kanals set to rewrite Pakistan’s tourism landscape

  • Pakistan's first four-season mountain destination takes shape under a Public-Private Partnership (PPP) between Galiyat Development Authority (GDA) and the Above Zero Consortium
Published Updated

In Islamabad, the Galiyat Development Authority (GDA), under Government of KPK signed a 100-year partnership with a private consortium for developing Pakistan’s first purpose-planned mountain destination, at Thandiani Top. The agreement is bound by an eco-conservation framework designed to protect Thandiani’s natural beauty, as it becomes a world class tourist destination.

The project’s master plan is currently in preparation by a leading international architect firm. Above Zero will operate as a four-season mountain destination, and a new model for mountain living in Pakistan. With a pedestrian-first public realm, a world-class hospitality district, and a residential enclave built with restraint and long-term thinking. Above Zero is a destination that proves that development and preservation do not have to be enemies.

At the ceremony, Mohammad Fawad, Director General, GDA, said: “The agreement we signed today is the first of its kind in Pakistan. It sets a national template for ecological development, regional economic activity, and community participation written into the contract itself, contributing more than PKR 23.2 billion to the Government of KPK, with independent technical and audit oversight at every stage.”

Following a mandatory Environmental Impact Assessment (EIA) and regulatory approvals, groundbreaking is anticipated by late 2026.

Delivered by a consortium backed by Tahir Builders (Pvt.) Ltd. and Qubed Hospitality; Abdullah Khan, CEO of Above Zero, said: “Above Zero is not a project, it is a standard. Decades from now, we want this to be remembered as the moment Pakistan chose a different relationship with its mountains. A place where the landscape leads, hospitality learns to listen, and every person who walks this ridge returns to nature.“

The agreement is to develop the project on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis, with a concession period of 50 years, extendable by a further 50. Early engagement is now open at www.abovezero.pk on an invitation and application basis.

About Above Zero
Above Zero is a consortium of Tahir Builders Pvt Ltd. and Qubed Pvt Ltd. which has been awarded the PPP agreement by the Government of KPK for the development of Thandiani.

Sponsored Content

This content was produced by an external party/sponsor. Business Recorder does not have any editorial input or oversight of this content, nor does this necessarily reflect the views of Business Recorder or any of its affiliated entities.

Business Recorder is not responsible for accuracy, timeliness, any errors or omissions, or for the results obtained from the use of this information.

Comments

200 characters remaining
Umar Sheikh May 18, 2026 10:08pm
Please also share the total kickback cash flows to the beneficiaries.
0 Reply