PM for timely completion of Ravi City, Central Business District projects
PM for timely completion of Ravi City, Central Business District projects
ISLAMABAD (Dunya News) - Prime Minister Imran Khan has emphasized on timely completion of Ravi City and Central Business District projects to boost economic activities and create employment opportunities in the country.
Chairing a review meeting on Ravi Urban Development Authority and Central Business District in Islamabad on Thursday, he said that these major projects will also reduce the increasing population pressure in the city enabling the metropolitan administration to provide residential facilities on modern standard to the general public.
The meeting was briefed in detail on the progress on the Sapphire-Bay, the first phase of the upcoming Ravi City project. It was informed that the government will receive estimated 25 billion rupees revenue from this 2,000-acre land project.
It was informed that project will generate a total of 150 billion rupees in economic activities and two more Ravi City sub-projects including Zones 4, 5, 7 and LB Island will soon be available for investment and the government from these projects will receive expectedly 130 billion rupees.
The Prime Minister was informed that from the RAVI City project on 15000 acres land will result in a economic activity of 1000 billion rupees by December this year which will provide abundant employment opportunities in the country.
The meeting was informed that three modern agricultural technology zones will be established in cooperation with a Swiss company in the Ravi City to cope with growing needs of food in the country. Besides, campuses of all leading universities of the country will be opened.
It was also informed that Young Leadership Programme initiated to ensure participation of youth in the Ravi Urban project and so far 25,000 applications have been received in this regard and first batch of young leaders will start its activities by June this year.
