Punjab Central Business District Development Authority (PCBDDA) also known as Central Business District Punjab (CBD Punjab) is an authorized body incorporated to establish and promote environment friendly, urban regeneration projects on vertical principles. A pre-financial feasibility has determined around 2700-3000B PKR based on development as economic advancement and shall generate employment in various sectors.
The Development has been categorized in five districts namely, Commercial Zone, Digital District, Residential District, Entertainment and Government Zone. Each district having unique characteristics & dynamics, connected through urban green infrastructure developed by renowned international architects.
CBDs in Pakistan
Cities have an important role in the economy of a country where citizens, especially the youth aspires developmental progress. Our urban population which constitutes 37% of the total in Pakistan contributes to over 60% of the country’s gross domestic product (GDP). This contribution may likely increase as Pakistan rides high on the wave of economic growth. Urban groups, in the presence of central business districts (CBDs), office facilities and business hubs, will benefit from vast new opportunities. CBDs, the areas with high economic activity, will provide a suitable ecosystem and infrastructure for the income support of people.
Expansion of CBDs
After Lahore CBD now CBD Punjab is expanding into other major cities of Pakistan like:
- CBD Multan
- CBD Rawalpindi
- CBD Bahawalpur
- CBD Sialkot
- CBD Gujranwala
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