ICCI asks CDA to initiate development work in local markets.

ISLAMABAD -- The Islamabad Chamber of Commerce and Industry on Tuesday urged the Capital Development Authority (CDA ) to form a task force for undertaking development work in the federal capital's markets on priority for smooth business activities.

ICCI President Muhammad Ahmed Waheed, Senior Vice President Tahir Abbasi and Vice President Saif ur Rahman Khan, in a joint statement, said the CDA was responsible to carry out development works in Islamabad.

They also appealed to Special Assistant to the Prime Minister on CDA Affairs Ali Nawaz Awan to push the civic body for early start of development works in the local markets.

They said for the last four years, the CDA had not done any major development work in any market of the capital citing insufficient funds. However, the civic body had increased property tax and other charges, in addition to earning billions of rupees from auction of plots...