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IHC Announced Auction for Jinnah Convention Center’s

Islamabad: On February 2, the Islamabad High Court (IHC) announced that the Jinnah Convention Centre (JCC) would be auctioned off by the Privatization commission. It is anticipated that the 7.50-acre amenity complex would be transformed into a commercial enterprise.

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IHC reportedly suppressed the project’s auction application to its decision, as reported by the news. The court upheld the ruling since there was no sufficient proof that the conversion of the property into a commercial center was illegal. The privatization commission is authorized to conduct the project auction. Private bidders will be invited to participate in the JCC auction and exhibition center building.

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The privatization commission deems it unnecessary to transfer the CDA agenda to the cabinet for final approval. The CDA sold the JCC to the Ministry of Interior on April 14, 2021, and the privatization commission authorized the transfer.

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