{"id":66099,"date":"2020-06-02T12:56:24","date_gmt":"2020-06-02T07:56:24","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=66099"},"modified":"2020-06-02T17:41:12","modified_gmt":"2020-06-02T12:41:12","slug":"govt-allot-land-islamabads-red-zone-adb-office-construction","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-allot-land-islamabads-red-zone-adb-office-construction.html","title":{"rendered":"Govt to allot land in Islamabad\u2019s Red Zone for ADB office construction"},"content":{"rendered":"\n<p>Islamabad: The government on Monday announced its decision to allot land in Islamabad\u2019s Red Zone area for the construction of the Asian Development Bank (ADB)\u2019s office building, a news source reported. The executive plans to allot a one-acre land in the area for this purpose.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/adb-approves-usd-300mn-emergency-assistance-loan-pakistan.html\" target=\"_blank\" rel=\"noreferrer noopener\">ADB approves USD 300mn emergency assistance loan for Pakistan<\/a><\/p>\n\n\n\n<p>As per the details revealed, the ADB requires sufficient office space in the capital city and additional human resources in order make its operations \u2018stronger\u2019 within the country. Currently, the bank holds rented office space in the Serena Business Complex.<\/p>\n\n\n\n<p>Upon the ADB\u2019s request, the Capital Development Authority (CDA) has allotted a one-acre land in sector G-5\/1, Islamabad. The standard terms and conditions will apply to the construction of the building; with the ADB having accepted the reverse offer made by the CDA.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/pakistan-adb-finalise-loan-agreement-for-urban-development-projects-punjab.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan, ADB finalise loan agreement for urban development projects in Punjab<\/a><\/p>\n\n\n\n<p>The ADB is among the largest international development partners of Pakistan. It helps the country with securing financial assistance for project loans, program lending, technical support, and grants; along with meeting other developmental needs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The government on Monday announced its decision to allot land in Islamabad\u2019s Red Zone area for the construction of the Asian Development Bank (ADB)\u2019s office building, a news source reported. The executive plans to allot a one-acre land in the area for this purpose. Read: ADB approves USD 300mn emergency assistance loan for Pakistan As per the details revealed, the ADB requires sufficient office space in the capital city and additional human resources in order make its operations \u2018stronger\u2019 within the country. Currently, the bank holds rented office space in the Serena Business Complex. Upon the ADB\u2019s request, the Capital Development Authority (CDA) has allotted a one-acre land in sector G-5\/1, Islamabad. The standard terms and conditions will apply to the construction of the building; with the ADB having accepted the reverse offer made by the CDA. Read: Pakistan, ADB finalise loan agreement for urban development projects in Punjab The ADB is among the largest international development partners of Pakistan. It helps the country with securing financial assistance for project loans, program lending, technical support, and grants; along with meeting other developmental needs.<\/p>\n","protected":false},"author":68,"featured_media":63438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385,15016,15017],"tags":[30588],"persona":[],"class_list":{"0":"post-66099","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"category-new-developments","9":"category-notices-announcements","10":"tag-details-on-govt-to-allot-land-in-islamabads-red-zone-for-adb-office-construction","11":"cat-20385-id","12":"cat-15016-id","13":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt to allot land in Islamabad\u2019s Red Zone for ADB office construction - Zameen News<\/title>\n<meta name=\"description\" content=\"The government has announced its decision to allot land in Islamabad\u2019s Red Zone area for construction of the ADB\u2019s office building, a news source reported.\" \/>\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\/govt-allot-land-islamabads-red-zone-adb-office-construction.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt to allot land in Islamabad\u2019s Red Zone for ADB office construction - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The government has announced its decision to allot land in Islamabad\u2019s Red Zone area for construction of the ADB\u2019s office building, a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-allot-land-islamabads-red-zone-adb-office-construction.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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