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PM Imran links multi-trillion rupee Ravi project to Lahore’s survival

I don't think Govt is able to invest such a high digit. It would probably end up in the hands of private real estate tycoons.
Of course private sector will be doing all the work. If you haven't watched PM's speech about this project then please do as it will answer all your questions.
 



APP54-01 LAHORE: September 01 - Prime Minister Imran Khan chairing a meeting on Ravi Riverfront Urban Development Project. APP
 
Ravi riverfront urban development project Lahore to officially launch on 15 September

It was decided that the foundation stone of Ravi River front urban development project will be officially laid on September 15 and Prime Minister Imran Khan will be the chief guest at the ceremony.

The Project Chairman gave a detailed briefing on the timelines of the project, deep interest of foreign investment companies in the project and regulation regarding infrastructure and organizational matters.

PM Imran Khan stressed the need to ensure high international standards of construction, protection of environment and providing permanent solution to water scarcity and pollution in Lahore with the completion of the project.

Thanks to the efforts of the government, the construction sector has shown encouraging growth, he added.

Appreciating the interest of foreign investment companies in the project, the Prime Minister said that the project would be a masterpiece for Lahore residents and overseas Pakistanis.

Imran Khan directed monitoring of the project on a daily basis and immediate removal of any administrative hurdles in its completion, saying that he should be kept informed about the progress of the project
 
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Prime Minister Imran Khan has laid the foundation stone of Ravi River Front Urban Development Project.
Featured features of Ravi Riverfront!

A project that will change the environment!

Due to the revolutionary benefits of Ravi River Front, treatment plants will be planted on dirty drains in Lahore.

A new authority has been formed for the Ravi Riverfront project
 
I have NEVER understood why Pakistani cities grow this way...
Cities have long stopped growing vertically.

PTi is a short term incentive project for the Pakistani capitalist machine.
 
I have NEVER understood why Pakistani cities grow this way...

Because Plotistan model is unlike anywhere else. For high rise apartments one actually have to invest and take risks. Here builders like Malik Riaz want money selling plots at 10x price before doing any work.
 
Ravi River Front Urban Development Project.

The Supreme Court (SC) permitted the Punjab government to go ahead with its Ravi Riverfront Development Project after suspending the Lahore High Court (LHC) verdict declaring the project as illegal.
A two-member bench of the apex court comprising Justice Ijazul Ahsen and Justice Mazahir Ali Akbar Naqvi suspended the LHC verdict and allowed the Punjab government to continue with its project. The apex court on Monday admitted for regularhearing appeals challenging the LHC verdict and issued notices to the parties concerned. If there is a possibility of filing an intra-court appeal (ICA), the matter would be remanded back to high court, the court held.
During the course of hearing, the court raised some legal questions over the matter, but Punjab Advocate General Ahmed Awais along with legal team of the provincial government could not answer the court’s questions satisfactorily. “Tell us as to what is your case?” Justice Ahesn asked the Punjab AG.
Justice Mazahir Ali Akbar Naqvi observed that it seemed the AG came to court unprepared. Justice Ijazul Ahsen, however, observed some 18 petitions were before the LHC in the matter so it did not matter if the provincial government was not a party in one case.
Ahmed Awais, however, contended that the petitions filed before the LHC were against the public hearing of the environment agency. “So don’t give wrong statement before us,” Justice Ahsen told the provincial legal team.
The court further noted in its order when it raised question as to why an Intra Court Appeal was not filed against the LHC order, the provincial government contended that it did not because the actual forum for getting relief was the Supreme Court
 
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