CBD PUNJAB SET TO ACHIEVE MILESTONE IN OCTOBER WITH LAHORE PRIME INFRASTRUCTURE COMPLETION

Milestone achieved: CBD Punjab to complete Lahore Prime’s infrastructural works next month

The Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), is about to complete all infrastructural development work, within the ambits of Lahore Prime in the month of October 2023.

Once completed, the local and foreign investors can initiate construction works on five mixed used commercial plots, already auctioned back in September 2021 at a price of Rs21.59 billion.

Lahore Prime is one of the main clusters of CBD Punjab, where world class skyscrapers will be constructed to provide superlative business opportunities for local and foreign conglomerates.

The authority’s Chief Executive Officer, Imran Amin visited the site to get the latest briefings on about-to-complete infrastructural projects in Lahore Prime. CBD Punjab’s Executive Director Commercial Mohammed Omer, Executive Director Technical Riaz Hussain, and other officials including technical teams from NESPAK and NLC were also present at the occasion.

The infrastructure encompasses wide-range road works with asphalt surfacing, a state-of-the-art drainage system, a robust sewage network, dependable water supply, natural gas connections, top-tier telecommunication services, enhanced security measures, and aesthetically pleasing landscaping, with an equal emphasis on keeping the cluster environmentally friendly through providing green spaces and large-scale plantation drive.

While expressing his views CEO CBD Punjab, Imran Amin, said “The completion of Lahore Prime's infrastructure is a testament to the dedication and perseverance of the entire CBD Punjab team. This achievement marks a significant step forward in our mission to create a dynamic and sustainable central business district that will drive economic growth and prosperity in Punjab.”

After the completion, Lahore Prime will demonstrate its potential of becoming an epicenter of business activities in this part of the world. CBD Punjab has commended its dedicated team for the timely efforts and dedications, they made, to bring this infrastructural project to life.

Comments

47% of Asia Pac businesses have no emissions plan in place despite the climate emergency, reveals new report from ACCA, IFAC and PwC

As world leaders gather for COP 28, ACCA (the Association of Chartered Accountants), IFAC (the International Federation of Accountants) and professional services firm PwC released a new report: The role of the CFO and finance function in the climate transition: driving value and sustainability, based on a survey of 1,000 senior finance professionals around the world. The research reveals 47% of respondents in the Asia Pacific region have yet to produce a plan for reducing their carbon emissions. Alarmingly, 69% of those respondents without an emissions plan say they currently have no intention of developing one. This compares with global figures of 46% of respondents who have yet to prepare an emissions plan and 70% of those say they currently have no intention of developing one. The report also says that that involving CFOs and finance teams in the emissions reduction planning is likely to accelerate progress. They should embrace this because, although they may not

Peshawar Zalmi Releases "Zalmi Raalal" Official Anthem Powered by TCL

TCL, Pakistan's No.1 LED TV Brand, in collaboration with Peshawar Zalmi, has released their most awaited anthem for PSL 8, " Zalmi Raalal ". Directed by the maestro Hassan Dawar himself, "Zalmi Raalal" is a star-studded, power-packed amalgamation of music, fashion, and sports, the three foremost passion points of Peshawar Zalmi. Produced by Naughty Boy, who has worked in the global music industry with the likes of Beyoncé, Wiz Khalifa, and Sam Smith, the music video features cricket's biggest superstars Darren Sammy and Babar Azam, as well as Pakistan's biggest celebrities Mahira Khan and Hamza Ali Abbasi. Peshawar Zalmi's official anthem for 2023, "Zalmi Raalal", is an ode to passion, a story entailing the beauty and power of the KP region and its people. The anthem has crossed one million views on all online platforms since its release, and the number is increasing fast. The star-studded and narrative-centric anthem feature

Economic confidence among finance professionals edges higher globally despite big fall in North America

The latest ACCA (the Association of Chartered Certified Accountants) and IMA ® (Institute of Management Accountants)  Global Economic Conditions Survey (GECS) suggests that confidence among accountants and finance professionals edged slightly higher in Q2 2024 and is just above its historical average. For chief financial officers (CFOs), all the key global indicators rose, with sharp gains evident in the New Orders and Capital Expenditure indices. There were some notable regional differences . Western Europe-based accountants reported another decent increase in confidence as the euro area and UK economies continue to stage recoveries. Even Asia Pacific saw a small rise off the back of a huge gain previously, and the New Orders Index increased strongly. The region is benefitting from improvements in the global economy, including in the manufacturing sector and the upward moving technology cycle. However, North America’s financial professio

News Herald

Search This Blog