{"id":93078,"date":"2023-03-18T09:28:00","date_gmt":"2023-03-18T04:28:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=93078"},"modified":"2023-03-17T16:53:16","modified_gmt":"2023-03-17T11:53:16","slug":"pcbdda-proposes-leveraging-state-land","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pcbdda-proposes-leveraging-state-land.html","title":{"rendered":"PCBDDA proposes leveraging state land to generate trillions"},"content":{"rendered":"\n<p>Lahore: Punjab Central Business District Development Authority (PCBDDA) Chief Executive Officer (CEO) Imran Naeem stated that the authority can create revenue worth trillions by utilising the potential of state-owned land, according to news published on March 16.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cbd-samanabad-underpass-projects.html\" target=\"_blank\" rel=\"noreferrer noopener\">CM reviews progress on CBD, Samanabad Underpass projects<\/a><\/p>\n\n\n\n<p>Naeem claimed that with the support of the government and private sectors to the PCBDDA, the authority can generate PKR 4 trillion with the utilisation of the state-owned land, including that owned by the Punjab Cooperative Board for Liquidation across the province.<\/p>\n\n\n\n<p>The CEO mentioned that the authority can present a viable plan for the use of this land for highrises, shopping malls, residential areas and other residential, commercial, agricultural and industrial projects. He mentioned that PCBDDA\u2019s Lahore chapter alone can generate PKR 1 trillion through state-owned land in Walton and <a href=\"https:\/\/www.zameen.com\/news\/cbd-have-tallest-building-punjab.html\" target=\"_blank\" rel=\"noreferrer noopener\">Gulberg<\/a>. It was also highlighted that PCBDA has initiated development work with funds worth PKR 56 billion generated through the auction of state-owned plots.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pcbda-cbd-projects-roadshow.html\" target=\"_blank\" rel=\"noreferrer noopener\">PCBDDA showcases CBD\u2019s projects in roadshow<\/a><\/p>\n\n\n\n<p>The PCBDA CEO also shared details on the ongoing development work in Lahore; 2 underpasses at Kalma Chowk, remodelling of the Gulberg Main Boulevard, upgradation of the underground sewerage\/drainage system, and construction of the CBD main boulevard, parking plaza, walkways, etc.<\/p>\n\n\n\n<p>The chief iterated that the CBD-Lahore would be the country\u2019s first super high-rise infrastructure that will create employment and generate revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Punjab Central Business District Development Authority (PCBDDA) Chief Executive Officer (CEO) Imran Naeem stated that the authority can create revenue worth trillions by utilising the potential of state-owned land, according to news published on March 16. Read: CM reviews progress on CBD, Samanabad Underpass projects Naeem claimed that with the support of the government and private sectors to the PCBDDA, the authority can generate PKR 4 trillion with the utilisation of the state-owned land, including that owned by the Punjab Cooperative Board for Liquidation across the province. The CEO mentioned that the authority can present a viable plan for the use of this land for highrises, shopping malls, residential areas and other residential, commercial, agricultural and industrial projects. He mentioned that PCBDDA\u2019s Lahore chapter alone can generate PKR 1 trillion through state-owned land in Walton and Gulberg. It was also highlighted that PCBDA has initiated development work with funds worth PKR 56 billion generated through the auction of state-owned plots. Read: PCBDDA showcases CBD\u2019s projects in roadshow The PCBDA CEO also shared details on the ongoing development work in Lahore; 2 underpasses at Kalma Chowk, remodelling of the Gulberg Main Boulevard, upgradation of the underground sewerage\/drainage system, and construction&hellip;<\/p>\n","protected":false},"author":75,"featured_media":92568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[56742,53973],"persona":[],"class_list":{"0":"post-93078","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-pcbda-proposes-leveraging-state-land-to-generate-trillions","10":"tag-punjab-central-business-district-development-authority-pcbdda","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>PCBDDA for leveraging land to generate trillions - Zameen News<\/title>\n<meta name=\"description\" content=\"Naeem claimed that with the support of the government and private sectors to the PCBDDA, the authority can generate PKR 4 trillion\" \/>\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\/pcbdda-proposes-leveraging-state-land.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PCBDDA for leveraging land to generate trillions - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Naeem claimed that with the support of the government and private sectors to the PCBDDA, the authority can generate PKR 4 trillion\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pcbdda-proposes-leveraging-state-land.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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