ISLAMABAD – The Capital Development Authority (CDA) has announced several major policy changes and urban development projects, aiming to enhance Islamabad’s infrastructure and business environment.
During its 10th board meeting, chaired by CDA Chairman Muhammad Ali Randhawa, the authority decided to revise industrial plot rates, significantly reducing charges for plot conversion, amalgamation, and subdivision. Additionally, the board approved a policy shift, ensuring that farmhouses will now be charged residential rates instead of industrial rates.
The CDA also granted approval for modernizing the Machinery Pool Organization (MPO) Directorate, equipping it with advanced road construction machinery to improve Islamabad’s infrastructure. The board directed the MPO to participate in government and private bidding processes, allowing it to generate revenue for further development.
Other key decisions included:
Consultant hiring for female residential facilities in Sector H-8.
Extension of the Islamabad Metro Bus project from Peshawar Mor to New Islamabad International Airport (NIIA).
Approval of revised budget estimates for the 2024-25 financial year.
Appointment of a Director General Recovery to enhance revenue collection and identify permanent income sources for CDA.
Chairman Randhawa emphasized that CDA is utilizing all available resources to make Islamabad a model city, ensuring rapid progress on residential, transportation, and recreational projects.
