ISLAMABAD, Pakistan: Prime Minister Imran Khan has emphasized on the timely completion of Ravi City and Central Business District projects to boost economic activities and create employment opportunities in the Country.
Chairing a review meeting on the Ravi Urban Development Authority and Central Business District in Islamabad on Thursday, he said that these major projects will also reduce the increasing population pressure in the City enabling the metropolitan administration to provide residential facilities on modern standards to the general public.
وزیرِ اعظم عمران خان کی زیرِ صدارت راوی اربن ڈیلپمنٹ اتھارٹی اور سینٹرل بزنس ڈسٹرکٹ کا جائزہ اجلاس۔ pic.twitter.com/JXv3nq0pIr
— Prime Minister’s Office, Pakistan (@PakPMO) May 20, 2021
The meeting was briefed in detail on the progress on the Sapphire-Bay, the first phase of the upcoming Ravi City project.
It was informed that the government will receive an estimated Rs 25 billion revenue from the 2,000-acre land project.
It was informed that the project will generate a total of Rs 150 billion in economic activities and two more Ravi City sub-projects including Zones 4, 5, 7 and LB Island will soon be available for investment and the government from these projects will receive expectedly Rs 130 billion.
The prime minister was informed that the RAVI City project on 15,000 acres land will result in economic activity of Rs 1,000 billion by December 2021 which will provide abundant employment opportunities in the Country.
The meeting was informed that three modern agricultural technology zones will be established in cooperation with a Swiss Company in the Ravi City to cope with the growing needs of food in the Country.
Besides, Campuses of all leading Universities of the Country will be opened.
It was also informed that the Young Leadership Programme initiated to ensure participation of youth in the Ravi Urban project and so far 25,000 applications have been received in this regard and the first batch of young leaders will start its activities by June 2021.
