{"id":74516,"date":"2021-03-01T13:00:53","date_gmt":"2021-03-01T08:00:53","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=74516"},"modified":"2021-03-01T13:00:58","modified_gmt":"2021-03-01T08:00:58","slug":"pm-officiates-lahore-central-business-district","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pm-officiates-lahore-central-business-district.html","title":{"rendered":"PM officiates Lahore Central Business District at Walton Airport site"},"content":{"rendered":"\n<p>Lahore: Prime Minister (PM) Imran Khan on Friday laid the foundation stone for the ambitious Central Business District (CBD) project at the Walton Airport site, expressing hope that this \u2018out of the box\u2019 initiative will create wealth to overcome fiscal and current account deficit \u2013 according to news sources.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/business-district-established-walton-airport-land.html\" target=\"_blank\" rel=\"noreferrer noopener\">Business district to be established on Walton Airport land<\/a><\/p>\n\n\n\n<p>The prime minister asserted that the project will amass the wealth that is very much needed to pay-off foreign loans accumulated in the past. He said that it was high time to boost the country\u2019s income and decrease expense to overcome these deficits.<\/p>\n\n\n\n<p>Additionally, PM Khan said that the Walton Airport will soon be de-notified and an economic hub will be created in its stead, which will include the construction of several high-rises along both <a href=\"https:\/\/www.zameen.com\/news\/construction-of-5-star-hotel-for-foreign-players.html\" target=\"_blank\" rel=\"noreferrer noopener\">Gulberg<\/a> Main Boulevard and Ferozepur Road. He said that in the first phase PKR 1,300 billion will be generated from the Lahore Central Business District that will lead to PKR 250 billion in tax revenue for the government.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/lda-to-convert-qainchi-walton-into-signal-free-corridor.html\" target=\"_blank\" rel=\"noreferrer noopener\">LDA to convert Qainchi Flyover, Walton Road into signal-free corridor<\/a><\/p>\n\n\n\n<p>Addressing the ceremony, Chief Minister Sardar Usman Buzdar stated that Lahore Central Business District would be developed on 300 acres of land within three years. The first phase will involve the construction of 128 acres and will be followed by the development of a residential and digital district.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Prime Minister (PM) Imran Khan on Friday laid the foundation stone for the ambitious Central Business District (CBD) project at the Walton Airport site, expressing hope that this \u2018out of the box\u2019 initiative will create wealth to overcome fiscal and current account deficit \u2013 according to news sources. Read: Business district to be established on Walton Airport land The prime minister asserted that the project will amass the wealth that is very much needed to pay-off foreign loans accumulated in the past. He said that it was high time to boost the country\u2019s income and decrease expense to overcome these deficits. Additionally, PM Khan said that the Walton Airport will soon be de-notified and an economic hub will be created in its stead, which will include the construction of several high-rises along both Gulberg Main Boulevard and Ferozepur Road. He said that in the first phase PKR 1,300 billion will be generated from the Lahore Central Business District that will lead to PKR 250 billion in tax revenue for the government. Read: LDA to convert Qainchi Flyover, Walton Road into signal-free corridor Addressing the ceremony, Chief Minister Sardar Usman Buzdar stated that Lahore Central Business District would be developed&hellip;<\/p>\n","protected":false},"author":75,"featured_media":74517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[45362,45361],"persona":[],"class_list":{"0":"post-74516","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-gulberg-main-boulevard","10":"tag-pm-officiates-lahore-central-business-district-at-walton-airport-site","11":"cat-15016-id","12":"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>PM officiates Lahore Central Business District - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: Prime Minister (PM) Imran Khan on Friday laid the foundation stone for the ambitious Central Business District (CBD) project at the Walton Airport\" \/>\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\/pm-officiates-lahore-central-business-district.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM officiates Lahore Central Business District - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: Prime Minister (PM) Imran Khan on Friday laid the foundation stone for the ambitious Central Business District (CBD) project at the Walton Airport\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pm-officiates-lahore-central-business-district.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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