Rs5b loan approved for Ravi Riverfront land
Simplifies NOC process for installation of petrol pumps
Chief Minister Punjab Usman Buzdar. PHOTO: NNI
LAHORE:
The Punjab cabinet has given principle approval of Rs5 billion loan to the Ravi Riverfront Urban Development Authority (RUDA) for land acquisition.
The 39th cabinet meeting was held under the chair of Punjab Chief Minister Sardar Usman Buzdar at
CM’s Office on Thursday. LDA Vice Chairman S M Imran and RUDA Chairman Rashid Aziz gave the briefing to the cabinet about Ravi Riverfront Urban Development Project.
It also approved for providing state land for the master plan of Ravi Riverfront Urban Development project. The authority will present its business plan and financial model for this purpose.
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