Islamabad: The Islamabad High Court (IHC) on Tuesday (February 01) has allowed the auction of Jinnah Convention Centre (JCC) by the Privatisation commission, news sources reported. JCC, a 7.5-acre amenity centre, is being converted into a commercial enterprise.
According to reports, IHC quashed the application seeking a halt to the project’s auction in its decision. The court ruled that because there is no proof that the project was unlawfully converted into a commercial centre, the privatisation commission is authorised to proceed with the project auction. The JCC will be sold to private bidders for the construction of the exhibition centre, according to the privatisation committee. The project’s revenues will be utilised to finance the government’s development programmes. The JCC is located at one end of Constitution Avenue and is used for exhibitions and conferences by corporate and government organisations. Previously, the CDA and the Privatisation Commission exchanged letters discussing the conversion of the JCC from an amenity centre to a commercial enterprise.
The CDA believes that the agenda should be forwarded to the cabinet for final clearance, whilst the privatisation commission believes that there is no such necessity. The CDA sold the JCC to the Ministry of Interior, after which the privatisation commission approved its sale on April 14, 2021. However, after considerable discussion, both authorities settled the dispute, resulting in the auctioning off of the land.