Lahore Central Business District giant step towards jobs creation: CM.

LAHORE -- Punjab Chief Minister Sardar Usman Buzdar said the economic activities helped in alleviating poverty by providing job opportunities and the launch of Lahore Central Business District was a giant step in this regard.

Addressing the foundation stone-laying ceremony of Lahore Central Business District at Walton Airport on Friday, he said the PTI government had achieved another milestone in the city as the promotion of trade and economic activities was pivotal in developing societies.

The PTI has also introduced the Ravi Riverfront Urban Development Project and the foundation stone of another mega project had been laid to promote economic activities, he said.

Giving details, the CM said that Lahore Central Business District would be completed in three phases over an area of 300 acres. The first phase will be developed over an area of 128 acres and commercial activity of around 1300 billion rupees will be generated, he said.

A commercial district will be established in the first phase, a digital district will be introduced in the second phase while a residential district will be built in the third phase. The CM maintained that high-rise buildings will depict Lahore's rich cultural heritage while the project's entry and exit points will be designed on the pattern of historic gates of the provincial metropolis. This environment-friendly initiative will contain various facilities, he continued.

The CM emphasized that this initiative will generate massive job opportunities while ensuring human resource development. Regrettably, different initiatives were started without proper planning and identification of priorities in the past and this demented approach tremendously burdened the government.

Now, the CM announced that more than two million people will be provided with the best residential facilities through Ravi Riverfront Urban Development Project.

The PTI has a focused vision to bring neglected areas at par with other localities and, instead of cutting trees, the incumbent government was giving attention to planting trees which inhale more carbon and exhale more oxygen under urban forest project.

While highlighting the development work done by the...