Punjab Chief Minister Usman Buzdar says the PTI government came into power for providing relief to a common man and user charges could not be reconsidered right now. Twitter/File
LAHORE: The Punjab cabinet on Thursday approved extension of the lease of state land in Cholistan and Rahim Yar Khan on previous rates to the UAE president.
The cabinet’s 39th meeting presided over by Chief Minister Usman Buzdar was of the view that the initiative of extending lease would further strengthen ties between Pakistan and the UAE.
The meeting gave approval in principle of Rs5 billion loan to the Ravi Urban Development Authority for acquiring the land. It also approved state land for the master plan of the Ravi Riverfront Urban Development Project. The authority will present its business plan and financial model for the purpose.
Cabinet approves Rs5b loan for Ravi Urban Authority to acquire land
Lahore
December 18, 2020
LAHORE:The 39th cabinet meeting was held under the chair of Chief Minister Usman Buzdar at the CM’s office here on Thursday.
The meeting gave approval to further extend the lease of state land in Cholistan and Rahim Yar Khan on previous rates to the President of UAE. This initiative of the Punjab cabinet will further strengthen the ties between both the countries.
The meeting gave principle approval of five billion rupees loan to the Ravi Urban Development Authority for acquiring the land. Moreover, the meeting also approved for providing state land for the master plan of Ravi River Front Urban Development Project. Authority will present its business plan and financial model for this purpose.