{"id":86217,"date":"2022-05-27T12:08:09","date_gmt":"2022-05-27T07:08:09","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=86217"},"modified":"2022-05-27T12:08:14","modified_gmt":"2022-05-27T07:08:14","slug":"rda-may-return-pkr-7-bn-released-ring-road","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/rda-may-return-pkr-7-bn-released-ring-road.html","title":{"rendered":"RDA may return PKR 7 bn released for ring road"},"content":{"rendered":"\n<p>Rawalpindi: The Rawalpindi Development Authority (RDA) has plans to return PKR 7 billion funds released by the Punjab government for Rawalpindi Ring Road and Kutchery Chowk projects, according to news published on May 27.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/construction-of-rrr-project-formally-kicks-off.html\" target=\"_blank\" rel=\"noreferrer noopener\">Construction of RRR project formally kicks off<\/a><\/p>\n\n\n\n<p>As per the details, the provincial government issued PKR 4 billion for the Ring Road project and PKR 3 billion for the <a href=\"https:\/\/www.zameen.com\/news\/state-run-kutchery-remodelling-contract.html\" target=\"_blank\" rel=\"noreferrer noopener\">Kutchery Chowk project <\/a>during the fiscal year (FY) 2021-2022. The contract for the construction of both projects was awarded to Frontier Works Organisation (FWO). However, the funds were not used as the work has not started yet.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/rda-kutcherry-chowk-project.html\" target=\"_blank\" rel=\"noreferrer noopener\">RDA to kick start Kutcherry Chowk remodelling project soon<\/a><\/p>\n\n\n\n<p>A senior official of the divisional administration mentioned that the funds for the projects will no longer be valid after June 30. According to a senior official of Punjab Housing, Urban Development and Public Health Engineering (whose name was not disclosed) informed that the government wants to use the allocated funds for active projects and release the required funds for both the projects in the next FY.&nbsp; Reportedly, the RDA spokesperson Mohammad Irfan revealed that the Ring Road project will likely start at the beginning of the next FY.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rawalpindi: The Rawalpindi Development Authority (RDA) has plans to return PKR 7 billion funds released by the Punjab government for Rawalpindi Ring Road and Kutchery Chowk projects, according to news published on May 27.\u00a0 Read: Construction of RRR project formally kicks off As per the details, the provincial government issued PKR 4 billion for the Ring Road project and PKR 3 billion for the Kutchery Chowk project during the fiscal year (FY) 2021-2022. The contract for the construction of both projects was awarded to Frontier Works Organisation (FWO). However, the funds were not used as the work has not started yet.\u00a0 Read: RDA to kick start Kutcherry Chowk remodelling project soon A senior official of the divisional administration mentioned that the funds for the projects will no longer be valid after June 30. According to a senior official of Punjab Housing, Urban Development and Public Health Engineering (whose name was not disclosed) informed that the government wants to use the allocated funds for active projects and release the required funds for both the projects in the next FY.&nbsp; Reportedly, the RDA spokesperson Mohammad Irfan revealed that the Ring Road project will likely start at the beginning of the next FY.&nbsp;<\/p>\n","protected":false},"author":83,"featured_media":75801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[51755,18819,28994,52460],"persona":[],"class_list":{"0":"post-86217","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-kutchery-chowk","9":"tag-rawalpindi-development-authority-rda","10":"tag-rawalpindi-ring-road-rrr","11":"tag-rda-may-return-pkr-7-bn-released-for-ring-road","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>RDA may return PKR 7 bn released for ring road - Zameen News<\/title>\n<meta name=\"description\" content=\"The Rawalpindi Development Authority (RDA) has plans to return PKR 7 billion funds released by the Punjab government for Rawalpindi Ring...\" \/>\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\/rda-may-return-pkr-7-bn-released-ring-road.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RDA may return PKR 7 bn released for ring road - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Rawalpindi Development Authority (RDA) has plans to return PKR 7 billion funds released by the Punjab government for Rawalpindi Ring...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/rda-may-return-pkr-7-bn-released-ring-road.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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