{"id":83654,"date":"2022-02-04T15:19:00","date_gmt":"2022-02-04T10:19:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=83654"},"modified":"2022-02-04T15:18:31","modified_gmt":"2022-02-04T10:18:31","slug":"punjab-saudi-firm-ruda-industrial-zone","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/punjab-saudi-firm-ruda-industrial-zone.html","title":{"rendered":"Punjab allows Saudi firm to invest in RUDA Industrial Zone"},"content":{"rendered":"\n<p>Lahore: The Cabinet Committee on Legislative Business on Thursday (February 03) allowed River Ravi Urban Development Authority (RUDA) to enter into an agreement with a Saudi firm to invest in the industrial zone, news sources reported. The firm will invest in Zones A and B developed and managed by RUDA.&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/ruda-cashless-economic-zone.html\">RUDA signs agree<\/a><a href=\"https:\/\/www.zameen.com\/news\/ruda-cashless-economic-zone.html\" target=\"_blank\" rel=\"noreferrer noopener\">m<\/a><a href=\"https:\/\/www.zameen.com\/news\/ruda-cashless-economic-zone.html\">ent to make Ravi Riverfront cashless economic zone<\/a><\/p>\n\n\n\n<p>As reported, Punjab Minister for Law and Parliamentary Affairs Muhammad Basharat Raja convened a meeting to evaluate the situation. Previously, the administration allowed the creation of an industrial zone in Pakistan&#8217;s largest riverbank project. It would be <a href=\"https:\/\/www.zameen.com\/news\/ruda-usd-12-bn-investment-ksa.html\" data-type=\"post\" data-id=\"81546\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan&#8217;s first renewable energy industrial zone <\/a>to encourage renewable energy throughout the country. It was stated that the initiative would aid in the creation of revenue-generating employment in the country. This will also enhance environmental conservation, with a particular emphasis on pollution management. In addition, the committee approved the distribution of car licence plates to applicants via Pakistan Post. For the services, the Customs and Excise Department will enter into an agreement with Pakistan Post.&nbsp;<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/ruda-sufficient-land-work-phase-1.html\" target=\"_blank\" rel=\"noreferrer noopener\">\u2018RUDA has sufficient land to work on Riverfront project\u2019s phase 1\u2019<\/a><\/p>\n\n\n\n<p>Similarly, the meeting authorised the Punjab Aquaculture Development Corporation Act 2021, the Benazir Income Support Program (BISP) door-to-door survey, and the establishment of the departmental promotion committee (DPC) for promotion to BS-19 at the Punjab Institute of Language Arts and Culture (PILAC).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Cabinet Committee on Legislative Business on Thursday (February 03) allowed River Ravi Urban Development Authority (RUDA) to enter into an agreement with a Saudi firm to invest in the industrial zone, news sources reported. The firm will invest in Zones A and B developed and managed by RUDA.&nbsp;&nbsp; Read: RUDA signs agreement to make Ravi Riverfront cashless economic zone As reported, Punjab Minister for Law and Parliamentary Affairs Muhammad Basharat Raja convened a meeting to evaluate the situation. Previously, the administration allowed the creation of an industrial zone in Pakistan&#8217;s largest riverbank project. It would be Pakistan&#8217;s first renewable energy industrial zone to encourage renewable energy throughout the country. It was stated that the initiative would aid in the creation of revenue-generating employment in the country. This will also enhance environmental conservation, with a particular emphasis on pollution management. In addition, the committee approved the distribution of car licence plates to applicants via Pakistan Post. For the services, the Customs and Excise Department will enter into an agreement with Pakistan Post.&nbsp; Read: \u2018RUDA has sufficient land to work on Riverfront project\u2019s phase 1\u2019 Similarly, the meeting authorised the Punjab Aquaculture Development Corporation Act 2021, the Benazir Income Support&hellip;<\/p>\n","protected":false},"author":84,"featured_media":81089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[50986,49598,50985,50987],"persona":[],"class_list":{"0":"post-83654","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-ksa-in-ruda","9":"tag-ksa-investment-in-ruda","10":"tag-punjab-allows-saudi-firm-to-invest-in-ruda-industrial-zone","11":"tag-ruda-project","12":"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>Punjab allows Saudi firm to invest in RUDA Industrial Zone - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Cabinet Committee on Legislative Business on Thursday (February 03) allowed River Ravi Urban Development Authority (RUDA) to enter into an\" \/>\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\/punjab-saudi-firm-ruda-industrial-zone.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Punjab allows Saudi firm to invest in RUDA Industrial Zone - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Cabinet Committee on Legislative Business on Thursday (February 03) allowed River Ravi Urban Development Authority (RUDA) to enter into an\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/punjab-saudi-firm-ruda-industrial-zone.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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