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LDA announces Park & Ride’s shops’ auction

LAHORE – The Lahore Development Authority (LDA) has fixed January 26 for the open auction of shops in the newly constructed Park & Ride Plaza, Liberty Market, LDA Additional Director General Ihsan Ul Haq informed while briefing an eight-member Turkish delegation of the state owned development company ISBAK, which visited the LDA head office on Wednesday.

Secretary Transport Punjab Captain (r) Muhammad Yousaf said that proceedings would be conducted in the presence of print and electronic media for ensuring transparency.

Ihsan Ul Haq informed the visitors about the LDA’s initiatives for the infrastructure and business development in Lahore. He told that LDA’s new commercialization policy was being finalised which will help promote investment and business opportunities in the city. He said that with a view to providing better facilities for business centres, the concept of Central Business District had been introduced. This area will start from Mozang Chungi and will comprise the areas surrounding Jail Road, Main Boulevard Gulberg and MM Alam Road.

Source: Pakistan Today

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