CDA, DWP approves Rs 18 blns for development of residential sectors

News Image

MG News | October 06, 2019 at 01:34 PM GMT+05:00

0:00

October 06, 2019: Capital Development Authority (CDA) -DWP in its meeting has approved the PC-Is amounting to Rs.18 billion for development of residential sectors.

Tenders in some cases were already in process and for the rest shall be started immediately.

During the 45th meeting of CDA-DWP, held at CDA headquarters, five projects were given final approval.

CDA in line with the directions of government stands committed to add to housing units in Islamabad. The meeting was presided over by Chairman CDA while attended by the Member Planning and Design, Member Engineering, officers of Planning Commission, officers of Ministry of Interior.

The 45th meeting of the CDA-DWP was focused on the residential development as all the agenda items were pertaining to development of sectors which remain neglected in the past.

During the meeting of CDA-DWP PC-I amounting to Rs.6630.2 million for development of sector E-12 was presented which was approved by the party. Under this PC-I essential services consist of complete infrastructure of the sector would be developed.

CDA-DWP also approved the PC-I amounting to Rs.5656.24 million of development of sector I-15 was also presented before the meeting which was subsequently approved.

CDA-DWP also approved PC-I amounting to Rs.3112.162 million for the development of sector I-14 while PC-I amounting to Rs.2618.25 million for the development of sector I-11 was also approved during the 45th meeting CDA-DWP.

Under these approvals development of complete infrastructure of the sectors including service roads, major roads, drainage network, sanitary sewerage system including smart STP, water supply lines, culverts, bridges of service road, complete underground electrification network including grid station, over head and underground water reservoirs, underground services etc. would be developed.

CDA-DWP also approved the PC-I amounting to Rs.343.79 million for development of infrastructure works in sector G-5 Islamabad.

Under this project roads, carpeting footpaths, drainage, water supply and sewerage system improvement would be carried out while existing road infrastructure in sector G-5 would be upgraded.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 173,896.34
360.62M
0.87%
1495.61
ALLSHR 104,139.24
855.26M
0.63%
655.29
KSE30 53,276.12
172.18M
1.03%
542.06
KMI30 248,386.88
167.37M
1.15%
2821.54
KMIALLSHR 67,752.29
358.10M
0.77%
518.60
BKTi 48,148.44
58.74M
0.52%
250.34
OGTi 34,286.85
16.69M
1.33%
448.36
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 87,940.00 90,990.00
87,075.00
-20.00
-0.02%
BRENT CRUDE 61.89 62.19
60.87
1.25
2.06%
RICHARDS BAY COAL MONTHLY 86.75 86.75
86.75
0.30
0.35%
ROTTERDAM COAL MONTHLY 96.25 96.25
94.20
1.05
1.10%
USD RBD PALM OLEIN 1,027.50 1,027.50
1,027.50
0.00
0.00%
CRUDE OIL - WTI 58.02 58.30
56.91
1.28
2.26%
SUGAR #11 WORLD 15.23 15.34
15.11
0.06
0.40%

Chart of the Day


Latest News
December 29, 2025 at 06:25 PM GMT+05:00

SBP’s FX Purchases Jump to USD 1.02bn in September


December 29, 2025 at 05:13 PM GMT+05:00

UAE’s space ambitions take off in a stellar 2025


December 29, 2025 at 04:00 PM GMT+05:00

PSX Closing Bell: A Step in the Right Direction


December 29, 2025 at 03:55 PM GMT+05:00

Calcorp Board proposes name change


December 29, 2025 at 03:42 PM GMT+05:00

PKR remains flat against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg