CDA to develop neglected sectors to increase its revenue

CDA to develop neglected sectors to increase its revenue
CDA to develop neglected sectors to increase its revenue

ISLAMABAD, FEB 03 (DNA) – Capital Development Authority (CDA) has decided to focus on thus far neglected sectors. In this connection a CDA team comprising Member engineering and relevant directors lead by the chairman CDA visited I-14, I-15 and I-16 sectors.

The sector I-14 has serious access problems as well as issues of services. Roads are in dilapidated state and utilities are hardly available. Similarly Access to I-16 is also not in usable condition.

The chairman was apprised that contract is pending execution for want of only Rs. 50 million.

On this the chairman immediately directed that finance wing to allocate this amount and this issue shall be resolved forthwith.

Further instructions were issued to make assessment of missing services in I-14 and I-16 under a maintenance program. Necessary assessment and planning work should be completed within one month, it was decided.

Meanwhile I-15 was a budgeted project but allocation had not been made so far. Neither the design has been signed off due to some procedural hiccups.

These projects will yield considerable revenue to CDA through utilization of commercial areas.

 It was also observed that first charge on revenue receipts from these projects should be on funding the expenses of development and only surplus should be used for other expenses by CDA.

It may also be mentioned here that the Housing Foundation is yet to complete acquisition of land in the Sector G 14 despite the fact that is has taken money from the allottees.

The development of Sector G 14, located right in the heart of Islamabad, is pending since 2004.=DNA