{"id":88781,"date":"2022-09-19T11:31:42","date_gmt":"2022-09-19T06:31:42","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=88781"},"modified":"2022-09-20T16:22:40","modified_gmt":"2022-09-20T11:22:40","slug":"punjab-inaugurate-central-business-district","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/punjab-inaugurate-central-business-district.html","title":{"rendered":"Punjab to officially inaugurate Central Business District next month"},"content":{"rendered":"\n<p>Lahore: The Punjab government will inaugurate the groundwork of the highly-anticipated Central Business District (CBD) project in Gulberg-Lahore on October 22, news sources reported on September 18.&nbsp;<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/central-business-district.html\" data-type=\"post\" data-id=\"87845\" target=\"_blank\" rel=\"noreferrer noopener\">CM Elahi briefed on potential of Central Business District in Lahore<\/a><\/p>\n\n\n\n<p>The project will accommodate various highrise buildings that are intended to constitute the project&#8217;s focal point. Recently, Former Prime Minister (PM) Imran Khan posted a series of tweets highlighting the futuristic development and the concept design. He said that \u2018Pakistan&#8217;s 1st central business district,<a href=\"https:\/\/twitter.com\/CBDPunjab\"> @CBDPunjab<\/a>, will accommodate 100+ vertical developments, adding 600b+ to the country\u2019s economy. To complement futuristic vertical development, the groundwork will commence Oct &#8217;22 on Lhr\u2019s Main Blvd, reshaping the entire infrastructure of the vicinity\u2019.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"twitter_widget_wrapper alia_embed_wrapper\"><div class=\"twitter_widget_border\"><!--ALIA start embed content--><blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Pak\u2019s 1st central business district, <a href=\"https:\/\/twitter.com\/CBDPunjab?ref_src=twsrc%5Etfw\">@CBDPunjab<\/a>, will accommodate 100+ vertical developments adding 600b+ to country\u2019s economy. To compliment futuristic vertical development, groundwork will commence Oct &#39;22 on Lhr\u2019s Main Blvd reshaping entire infrastructure of the vicinity. <a href=\"https:\/\/t.co\/x0f0AitRaT\">pic.twitter.com\/x0f0AitRaT<\/a><\/p>&mdash; Imran Khan (@ImranKhanPTI) <a href=\"https:\/\/twitter.com\/ImranKhanPTI\/status\/1571347751887147012?ref_src=twsrc%5Etfw\">September 18, 2022<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><!--AliA end embed content--><\/div><\/div>\n<\/div><\/figure>\n\n\n\n<p>He went on to say that the project&#8217;s goal is to create a viable and active source of revenue from unutilised land that has been sitting idle for a long time. He also emphasised the River City&#8217;s continuous development activity, which is a project of the <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/ruda-balloting-chahar-bagh-project.html\" data-type=\"post\" data-id=\"88290\" target=\"_blank\">River Urban Development Authority (RUDA)<\/a>. He stated that the project will be finished with a total of USD 40 billion in foreign direct investment and will serve 15 million people.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"twitter_widget_wrapper alia_embed_wrapper\"><div class=\"twitter_widget_border\"><!--ALIA start embed content--><blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Work is progressing on Ravi city. With $40 bn investment portfolio it will accommodate 15 mn ppl &amp; will be Pak&#39;s first green &amp; smart city. Vertical riverfront development provides range of opportunities for int &amp; national investors. Ravi City will have world&#39;s largest waterfront <a href=\"https:\/\/t.co\/XkFONVNlhf\">pic.twitter.com\/XkFONVNlhf<\/a><\/p>&mdash; Imran Khan (@ImranKhanPTI) <a href=\"https:\/\/twitter.com\/ImranKhanPTI\/status\/1571708637705543680?ref_src=twsrc%5Etfw\">September 19, 2022<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><!--AliA end embed content--><\/div><\/div>\n<\/div><\/figure>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/ruda-balloting-chahar-bagh-project.html\" data-type=\"post\" data-id=\"88290\" target=\"_blank\" rel=\"noreferrer noopener\">RUDA releases balloting result of Chahar Bagh project<\/a><\/p>\n\n\n\n<p>It is worth noting that the previous government launched RUDA and CBD in 2020 to promote vertical and smart development trend in the city. So far, the project has undergone many auctions of plots, raising billions of rupees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Punjab government will inaugurate the groundwork of the highly-anticipated Central Business District (CBD) project in Gulberg-Lahore on October 22, news sources reported on September 18.&nbsp; Read: CM Elahi briefed on potential of Central Business District in Lahore The project will accommodate various highrise buildings that are intended to constitute the project&#8217;s focal point. Recently, Former Prime Minister (PM) Imran Khan posted a series of tweets highlighting the futuristic development and the concept design. He said that \u2018Pakistan&#8217;s 1st central business district, @CBDPunjab, will accommodate 100+ vertical developments, adding 600b+ to the country\u2019s economy. To complement futuristic vertical development, the groundwork will commence Oct &#8217;22 on Lhr\u2019s Main Blvd, reshaping the entire infrastructure of the vicinity\u2019.\u00a0 He went on to say that the project&#8217;s goal is to create a viable and active source of revenue from unutilised land that has been sitting idle for a long time. He also emphasised the River City&#8217;s continuous development activity, which is a project of the River Urban Development Authority (RUDA). He stated that the project will be finished with a total of USD 40 billion in foreign direct investment and will serve 15 million people. Read: RUDA releases balloting result of Chahar&hellip;<\/p>\n","protected":false},"author":84,"featured_media":78669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[45835,47377,54128,52028],"persona":[],"class_list":{"0":"post-88781","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-central-business-district-in-lahore","9":"tag-lahore-central-business-district-development-authority-lcbdda","10":"tag-punjab-to-officially-inaugurate-central-business-district-next-month","11":"tag-ruda-news","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>Punjab to inaugurate Central Business District next month - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Punjab government will inaugurate the groundwork of the highly-anticipated Central Business District (CBD) project in Gulberg-Lahore on\" \/>\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-inaugurate-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=\"Punjab to inaugurate Central Business District next month - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Punjab government will inaugurate the groundwork of the highly-anticipated Central Business District (CBD) project in Gulberg-Lahore on\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/punjab-inaugurate-central-business-district.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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