cda will get 1.4 billion to resume construction on the 10th avenue in 2023, al sadat marketing, real estate agency in blue area, blue area islamabad

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CDA Will Get PKR 1.4 Bn for Construction in 10th Avenue Projects

The Capital Development Authority (CDA) will get PKR 1.4 billion from the federal government for the 10th Avenue projects, according to the announcement. By year’s end, the government will provide funding to resume the 10th Avenue project. (According to a news source)

The project’s construction started in March 2022 and was previously scheduled to be finished in March 2024, according to the specifics. Nevertheless, construction was halted earlier this year, with only 15% of the work having been completed in that time. Since it is a government supported initiative, the CDA is in responsibility of carrying it out.

Read More: CDA Planned Major Development Projects for Islamabad

The Interior Ministry informed the municipal organization that PKR 1,400 million will be allotted for the 10th Avenue project before the current fiscal year concluded, the news source claims. In addition, the government has decided to allocate PKR 400 million for the project in the upcoming fiscal year as part of the Public Sector Development Programme (PSDP).

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