CDA to establish commercial hub in I12
Islamabad Property: Capital Development Authority (CDA) has planned to establish state-of-the-art commercial hub in Sector I12 for promotion of trade and economic activities in the federal capital.
“CDA Chairman Syed Tahir Shahbaz said that strategic location of Sector I12 has its great significance as this sector is a gateway between the twin cities,” said a press release.
He said that CDA is striving hard to promote business and economic activities in the capital city, adding that all out efforts would be made to establish Sector I12 as economic base for commercial activities.
CDA chairman directed Planning and Design member to plan the infrastructure in line with modern techniques.
He also directed for a joint and effective consultation with the formations of the authority concerned for the development of state-of-the-art commercial zone in Sector I12.
Syed Tahir Shahbaz said that CDA is offering commercial plots of different categories for open bidding in different developed sectors of the city, including hotels, shopping malls, wedding halls, which would help boost the business and trade activities.
Earlier the Planning and Design member Syed Mustafain Kazmi elaborated the details of the planning of Sector I12 that Planning Wing has demarcated 52 commercial plots in Markaz I12 as per approval of the CDA Board, while size of each commercial plot is 1096 square yard.