‘Business community to be engaged in Independence Day celebrations’

Staff Report

ISLAMABAD: Chairman Capital Development Authority (CDA), Muhammad Ali Randhawa on Tuesday directed to engage corporate sector and business community in the celebrations on Independence Day, August 14.
The CDA chairman during a meeting with a delegation of businessmen emphasized the need to instill patriotism in the new generation through grand celebrations. He apprised the participants about the initiative of a business-friendly and open-door policy for the corporate sector and business community in Islamabad. He announced the establishment of a Business Facilitation Center to streamline business and investment processes. Chairman Randhawa directed the display of joint venture rules and future projects on the CDA website for ease of access.
Earlier, Capital Development Authority (CDA) Board on Tuesday decided to increase the fees for the change of trade for industrial plots.
The 10th meeting of the CDA Board, chaired by Chairman Muhammad Ali Randhawa, gave approval to increase the fees for the sub-division and amalgamation of industrial plots.It is pertinent to mention that these fees have not been increased since 2005. Furthermore, instructions were given to compile a list of industrial plots that are being used contrary to the allocated trade without CDA’s approval.
The meeting also decided to hire a consultant under PPRA Rule (42F) for the establishment of a Safari Park in Islamabad.
The CDA Board accorded approval to the establishment of a Project Management Unit in the authority. The Project Management Unit will oversee the work on various initiatives undertaken by CDA.