CDA Board Approves Budget and Initiatives for Islamabad's Development - Tanveer Associates

The Capital Development Authority (CDA) plays a crucial role in the development and maintenance of Islamabad, Pakistan’s beautiful capital city. Under the visionary leadership of Chairman Noor-Alamin-Mengal, the CDA Board recently convened a significant meeting at the CDA Headquarters to discuss and approve the budget for the financial years 2023-24. This blog post highlights the key outcomes of the meeting, which include the approval of a groundbreaking project and various initiatives aimed at enhancing the city’s infrastructure and promoting biodiversity conservation.

Construction of the World’s Largest Bird Aviary

One of the major highlights of the CDA Board’s meeting was the approval of the construction of the world’s largest bird aviary. Spanning across an impressive 10 acres of land in F-9 Park, Islamabad, this ambitious project aims to serve as a sanctuary for diverse species of birds. By providing a safe haven for avian life, this initiative will contribute significantly to the conservation of biodiversity in the area.

Revised Layout Plans for Sectors D-13, E-13, and F-13:

 To cater to the evolving needs of the present era, the CDA Board approved the revised layout plans for Sectors D-13, E-13, and F-13. These revisions take into account modern requirements, ensuring that the development in these sectors aligns with the city’s overall vision. The new layouts will facilitate the creation of sustainable and well-designed residential and commercial areas.

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Open Auction of Plots in Capital Street:

In an effort to encourage investment and boost economic activity, the CDA Board authorized an open auction of 20 plots in Capital Street, Islamabad. This strategic decision opens up avenues for individuals and businesses to become part of the city’s growth. The auction process will be transparent and fair, fostering healthy competition and attracting investors interested in capitalizing on Islamabad’s potential

Rules and Regulations for Capital Street:

Alongside the decision to hold an open auction, the CDA Board also approved the rules and regulations governing Capital Street. These guidelines aim to ensure the proper management and development of the area, promoting a conducive environment for businesses and residents alike. The regulations will outline parameters for construction, maintenance, and other essential aspects to maintain the overall charm and appeal of the capital city.

Approval of the Budget for 2023-24:

The CDA Board’s meeting resulted in the approval of the budget for the financial year 2023-24. The estimated budget for this period amounts to approximately Rs 150,948.20 million, with an expected surplus of Rs 852.46 million. The allocation of funds reflects the CDA’s commitment to achieving balanced expenditure and revenue, ensuring efficient utilization of resources for the city’s development.

The recent meeting of the CDA Board under the leadership of Chairman Noor-Alamin-Mengal showcased the organization’s dedication to driving Islamabad’s growth and enhancing its natural and urban landscapes. Through the approval of the world’s largest bird aviary, the revised layout plans for key sectors, the open auction of plots in Capital Street, and the allocation of the budget, the CDA is actively working to fulfill its mission of creating a sustainable, vibrant, and prosperous capital city for its residents and visitors alike.

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