RDA Earned Rs 2 Billion in Current Fiscal Year: Chairman
Rawalpindi: Rawalpindi Development Authority (RDA) Chairman Tariq Mahmood Murtaza stated on Sunday that the civic body earned 2 billion rupees during the current fiscal year as a result of the ease of doing business policy, which boosted business activities in the construction industry.
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According to him, the RDA provided incentives to the construction industry as part of its policy promoting ease of doing business. In the last three years, this has increased construction industry business activities by Rs 71 billion, he added.
According to him, the RDA is currently operating as a business-friendly regulatory agency. He stated that 51 billion rupees in business activities would be generated in 2020-21, 6.5 billion rupees in 2018-19, and 12.5 billion rupees in 2019-20.
Construction of the Kutchery Chowk flyover will commence in January 2022, followed by the beginning of the Defence Chowk renovation project in front of Shifa Eye Hospital and Defence Housing Authority Phase-I.
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According to him, the decision to begin these projects sequentially was made with the traffic flow on these roads in mind. He added that the RDA was also working on a plan to construct 476 three-story buildings on one kanal each.
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