The national exchequer will earn an estimated revenue of Rs. 400 billion from the phase-I of Ravi City comprising 5,000 acres, with construction expected
Industrialists thanks PM
December 28, 2020
LAHORE: Welcoming the decision for excluding more than 700 industrial units from Ravi Urban Development Project, local industrialists have expressed gratitude to the prime minister.
A press statement issued by Ravi Urban Development Authority (RUDA) here on Sunday, these industrial units were situated along GT Road, Bhaini Road, Kala Khatai Road, Karol Ghati, Mehmood Booti, Lahore-Sialkot Motorway Interchange, and other nearby areas.
The owners of the industries said that the decision has restored their confidence in the government which will have positive impact on the economy.
It has removed uncertainty that had been prevailing in this regard for the past few months and the fear of thousands of people about becoming jobless has been ended, they added.
ISLAMABAD, Dec. 28 (Gwadar Pro) - Prime Minister Imran Khan has ordered the concerned cabinet members to remain in contact with the dozens of Chinese companies working in Pakistan under China-Pakistan Economic Corridor (CPEC) to resolve their complaints on priority basis, a senior minister said.
Federal Minister for Planning Development and Special Initiatives Asad Umar told Gwadar Pro that the PM had taken notice of the complaints by some Chinese companies that bureaucratic hurdles were hampering the quick completion of several CPEC projects, especially in the Balochistan province.
“The PM has asked the cabinet members to remain in contact with the Chinese companies and let him know if there is any bureaucratic hindrance,” said the federal minister.
Industrialists thank PM
December 28, 2020
LAHORE: Welcoming the decision for excluding more than 700 industrial units from Ravi Urban Development Project, local industrialists have expressed gratitude to the prime minister.
A press statement issued by Ravi Urban Development Authority (RUDA) here on Sunday, these industrial units were situated along GT Road, Bhaini Road, Kala Khatai Road, Karol Ghati, Mehmood Booti, Lahore-Sialkot Motorway Interchange, and other nearby areas.
The owners of the industries said that the decision has restored their confidence in the government which will have positive impact on the economy. It has removed uncertainty that had been prevailing in this regard for the past few months and the fear of thousands of people about becoming jobless has been ended, they added.
In this Aug file photo, Prime Minister Imran Khan launches the Ravi Riverfront Urban Development Project. APP
LAHORE: The Punjab government has excluded all existing industrial units and residential settlements from the land acquisition plan for the Ravi Riverfront Urban Development Project. However, the settlements within the riverbed will remain part of the plan.
“Following Prime Minister Imran Khan’s directions, the existing industrial units have been exempted from the area notified for Ravi Urban Development Project. These industries will now continue to function at their present places as usual and will not be relocated for this project. Moreover, the residential localities not falling in the course of the river will also not be acquired,” S.M. Imran, official spokesman for the Ravi Urban Development Authority (Ruda), disclosed this in a meeting with local industrialists at Mehmood Booti near Ring Road on Saturday.