Dar directs CDA to fast track development projects for expats
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ISLAMABAD: Finance Minister Ishaq Dar directed Capital Development Authority (CDA) to fast track development projects for overseas Pakistanis. He was chairing meeting on CDA’s projects for overseas Pakistanis here. Finance Minister directed CDA to hold balloting of Nilore Heights-1 project which is exclusively developed for overseas Pakistanis before 8th of next month. Meeting was briefed on provision of commercial and residential plots for overseas Pakistanis on open auction basis. It was informed that in next phase, registration for plots in C-14 and C-16 sectors for overseas Pakistanis will commence and special facilitation desks have been established to facilitate overseas Pakistanis.
Ishaq Dar directed that for auction of commercial plots, incentives should be extended to those investors who pay amount in dollars so that foreign exchange reserve could be further bolstered.
He directed to expedite work on Kuri and Overseas Enclave projects and scheme for auction of plots in C-14 and C-16 sectors should be ready by mid of May.
Published in The Daily National Courier, April, 27 2023
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