Lahore: Lahore Development Authority (LDA) Director General (DG) Mr Ahmad Aziz Tarar approved a budget of PKR 6.34 billion for 282 ongoing and new building and development projects in the city, according to news sources.
The decision to release funds was made in order to minimise the non-utilization of funds during the current fiscal year 2021-22. According to reports, the Chief Engineer will be personally liable for the future insufficiency of funds. Reportedly, LDA was only able to utilise 22% of the funding in the last fiscal year.
With the release of funds, development works will be completed on schedule. The details about the projects are as follows:
• PKR 128 million has been provided for the completion of key development programmes
• Over PKR 910 million has been granted for the area development programme
• PKR 240 million has been allocated for the EME Directorate
• PKR 440 million for the Buildings Directorate
• PKR 4 billion has been authorized for the development work of the LDA City Project
• PKR 370 million for various road maintenance and development projects.
• PKR 30.76 million has been allocated for the restoration of roadways in the PP-168 neighbourhoods of Haji Park, Umar Park, and Mayo Colony
• PKR 30.27 million has been approved for road rehabilitation and patching in Gulshan Colony, Niazi Chowk, and Gawala Colony.
Among the projects is the Gulberg sewage pipeline project, which has a budget of PKR 80.90 million. The sewage system will be built to meet the demands of the area’s growing multi-story structures. The coverage region will include Gulberg J Block I, J Block Gulberg III, and C3 Block Gulberg III.