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Friday May 03, 2024

CBD-Punjab team attends moot in Karachi

By Our Correspondent
April 23, 2024
In this still, officials sign the MOU during the MOU signing ceremony on April 22, 2024. — Facebook/Central Business District Punjab
In this still, officials sign the MOU during the MOU signing ceremony on April 22, 2024. — Facebook/Central Business District Punjab

LAHORE:A high-profile delegation of Central Business District, Punjab, (CBD-Punjab) recently embarked on a significant visit to Karachi.

The purpose of the visit was to project the upcoming auction of three commercial and three residential plots in CBD Punjab, Nawaz Sharif IT City (NSIT) and other pivotal projects spearheaded by the authority.

The CBD delegation was led by COO Brig (retd) Mansoor Janjua, along with Director of Business Development Ali Waqar Shah and Director of Architecture and Planning Sameer Aftab Sial.

The delegation actively participated in a seminar organised by the Association of Builders and Developers of Pakistan (ABAD), the prestigious event was graced by Governor Sindh Kamran Tesori and other distinguished dignitaries, including Chairman of ABAD Asif Sam Sam, Ibrahim Habib, Senior Vice Chairman of ABAD, and Mohsin Shekhani.

During the seminar, the COO CBD Punjab provided valuable insights into the forthcoming auction of CBD Punjab, highlighting the offering of six plots, including three commercial and three residential plots. He emphasised the significant potential investment opportunities present in CBD Punjab, underscoring the role of such investments in reshaping the urban and economic landscape of the country.

CBD Punjab stood as the custodian of the establishment of the country's largest and premier IT district, the Nawaz Sharif IT City. Notably, CBD Punjab has already orchestrated two of the most extensive auctions in the history of Punjab, solidifying its position as a key player in the region's development landscape.

Governor Sindh Kamran Tesori emphasised the pivotal role of the construction industry and the IT sector in bolstering Pakistan's economy. He stressed the urgent need for legislative action to further propel these sectors forward.