Islamabad: The federal government has directed authorities to formulate a zero-tax hotel policy aimed at attracting investment in Pakistan’s hospitality sector, alongside approving major recreational and urban development initiatives in Islamabad.
The decisions were taken during a high-level meeting chaired by Interior Minister Mohsin Naqvi at the Capital Development Authority (CDA) Headquarters in Islamabad, where ongoing and future development projects in the federal capital were reviewed.
Officials said the proposed zero-tax hotel policy is intended to encourage investment from internationally reputed firms and promote the development of five-star hotels through joint ventures. The policy is expected to support tourism growth and improve hospitality infrastructure in the capital.
Progress on a five-star hotel project being developed in collaboration with the Employees’ Old-Age Benefits Institution (EOBI) was also reviewed during the meeting.
In a parallel development, the meeting approved the establishment of a large-scale public park spanning 1,000 acres at the foothills of the Margalla Hills. The project is aimed at expanding recreational spaces in Islamabad and enhancing the city’s appeal as a model capital with international-standard public facilities.
The Interior Minister emphasized that Islamabad should be developed into a model city offering modern infrastructure, improved civic amenities, and enhanced recreational opportunities for residents and visitors.
The meeting also decided to conduct a comprehensive survey of all land and properties in Islamabad through the Survey of Pakistan to improve record accuracy and transparency.
Officials were further instructed to appoint a dedicated marketing team for future land auctions to ensure maximum investor participation. In addition, a control room for Capital Emergency Services will be established within the Safe City project to improve emergency response coordination.
Chairman CDA and Chief Commissioner Islamabad Sohail Ashraf, along with senior CDA officials and members, attended the meeting.
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