{"id":62454,"date":"2020-03-09T12:51:52","date_gmt":"2020-03-09T07:51:52","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=62454"},"modified":"2020-03-09T12:51:53","modified_gmt":"2020-03-09T07:51:53","slug":"new-blue-area-to-fetch-pkr-15-bn-investment-amount-to-be-spent-on-islamabad-road-projects","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/new-blue-area-to-fetch-pkr-15-bn-investment-amount-to-be-spent-on-islamabad-road-projects.html","title":{"rendered":"&#8216;New Blue Area&#8217; to fetch PKR 15 bn investment; amount to be spent on Islamabad road projects"},"content":{"rendered":"\n<p>Islamabad: Deputy Commissioner (DC) Islamabad Muhammad Hamza Shafqaat has stated that the city\u2019s \u2018<a href=\"https:\/\/www.zameen.com\/news\/pm-inaugurates-new-blue-area-project-islamabad.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"New Blue Area (opens in a new tab)\">New Blue Area<\/a>\u2019 project is expected to attract PKR 15 billion in investment, according to news sources. As per the publication, the DC added that following its accrual, the investment amount would be utilised for the enhancement of the capital\u2019s infrastructure and overall rehabilitation.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sc-stops-unplanned-expansion-islamabad-boundaries.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Unplanned, haphazard expansion of Islamabad\u2019s boundaries won\u2019t be allowed: SC (opens in a new tab)\">Unplanned, haphazard expansion of Islamabad\u2019s boundaries won\u2019t be allowed: SC<\/a><\/p>\n\n\n\n<p>The New Blue Area project is being set up near Sector F-9\u2019s Fatima Jinnah Park. The DC revealed that the Capital Development Authority (CDA) had already initiated the construction work on two underpasses to resolve the traffic issues in the area. These underpasses are being established in the vicinity of the Sector G-7\/ G-8 and Pak-China Centre.<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/koral-flyover-islamabad-expressway-section-completed-under-ppp-mode.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Koral Flyover, Islamabad Expressway section to be completed under PPP mode (opens in a new tab)\">Koral Flyover, Islamabad Expressway section to be completed under PPP mode<\/a><\/p>\n\n\n\n<p>DC Shafqaat further stated that a\nmega Islamabad Expressway project was being considered in order to improve\ntraffic flow along the major arteries of the capital. The said project is\nexpected to have an estimated budget of PKR 18 billion, and would include the\ndevelopment of three hanging bridges, and the expansion of the Islamabad\nHighway from Kural to Rawat (by adding two lanes on both sides). <\/p>\n\n\n\n<p>Furthermore, the DC revealed that\nthe city\u2019s first-ever metro bus service was also expected to be launched soon. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Deputy Commissioner (DC) Islamabad Muhammad Hamza Shafqaat has stated that the city\u2019s \u2018New Blue Area\u2019 project is expected to attract PKR 15 billion in investment, according to news sources. As per the publication, the DC added that following its accrual, the investment amount would be utilised for the enhancement of the capital\u2019s infrastructure and overall rehabilitation. Read: Unplanned, haphazard expansion of Islamabad\u2019s boundaries won\u2019t be allowed: SC The New Blue Area project is being set up near Sector F-9\u2019s Fatima Jinnah Park. The DC revealed that the Capital Development Authority (CDA) had already initiated the construction work on two underpasses to resolve the traffic issues in the area. These underpasses are being established in the vicinity of the Sector G-7\/ G-8 and Pak-China Centre. Read: Koral Flyover, Islamabad Expressway section to be completed under PPP mode DC Shafqaat further stated that a mega Islamabad Expressway project was being considered in order to improve traffic flow along the major arteries of the capital. The said project is expected to have an estimated budget of PKR 18 billion, and would include the development of three hanging bridges, and the expansion of the Islamabad Highway from Kural to Rawat (by adding two&hellip;<\/p>\n","protected":false},"author":75,"featured_media":60432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013,20385],"tags":[1846,1705,22318,20851,22319],"persona":[],"class_list":{"0":"post-62454","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"category-development-projects","9":"tag-cda-news","10":"tag-islamabad-expressway-news","11":"tag-islamabad-road-projects","12":"tag-new-blue-area","13":"tag-underpass-construction","14":"cat-15013-id","15":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>&#039;New Blue Area&#039; to fetch PKR 15 bn investment; amount to be spent on Islamabad road projects - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Deputy Commissioner (DC) Islamabad Muhammad Hamza Shafqaat has stated that the city\u2019s \u2018New Blue Area\u2019 project is expected to attract PKR 15\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/new-blue-area-to-fetch-pkr-15-bn-investment-amount-to-be-spent-on-islamabad-road-projects.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&#039;New Blue Area&#039; to fetch PKR 15 bn investment; amount to be spent on Islamabad road projects - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Deputy Commissioner (DC) Islamabad Muhammad Hamza Shafqaat has stated that the city\u2019s \u2018New Blue Area\u2019 project is expected to attract PKR 15\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/new-blue-area-to-fetch-pkr-15-bn-investment-amount-to-be-spent-on-islamabad-road-projects.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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